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3 years ago

In making a sales forecast, the business owner can only use his best judgment to determine projected costs and revenues.

2 answers:

7 0

False.

The business owner should not only rely on his best judgement to determine projected costs and revenues. He should consider the trends in the market and his company performance on the previous months in order to make a sales forecast.

Arlecino [84]3 years ago

4 0

Answer:

the answer is.... False

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The Young Americans for Freedom: Question 9 options: believed that the free market assured personal freedom. worked in tandem wi

katrin2010 [14]

Answer:

The correct option is "A." which is "believed that the free market assured personal freedom."

The Young Americans for Freedom was based on the Sharon Statement.

Explanation:

The Young Americans for Freedom (YAF) is an ideologically conservative youth activism organization that was founded in 1960 as a coalition between traditional conservatives and libertarians on American college campuses.

The summary of the Core Principles of the Sharon Statement are:

Individual freedom and the right of governing originate with God;
Political freedom is impossible without economic freedom;
Limited government and strict interpretation of the Constitution;
The free market system is preferable over all others;
Communism must be defeated, not contained.

8 0

3 years ago

Read 2 more answers

Watching his children graduate from high school is most likely a long-term goal for a person of which of these ages? A. 17 years

Arlecino [84]

Answer: D. 57 years old.

Explanation: 17 years old is not old enough to have a child. When a person is 57 years old, their child is likely to be around 17 or 18 years old, 40 years younger. Having a child at 40 years old is probably the oldest age out of the ages listed.

6 0

3 years ago

The Metal Shop produces 1.7 million metal fasteners a year for industrial use. At this level of production, its total fixed cost

DiKsa [7]

Answer: The offer should be rejected.

Explanation:

Given the following :

Total units produced = 1,700,000 units

Total cost = $791,000

Total fixed cost = $486,000

5% increase in production = (0.05 × 1,700,000) = 85,000

Units required by customer = 50,000 ( it is still within range without incurring additional fixed and variable cost).

Hence, total variable cost :

Total cost - total fixed cost

$(791,000 - 486,000) = $305,000

Variable cost per unit :

Total variable cost / total units produced

$305,000 / 1,700,000

= $0.179

Variable cost = marginal cost (Since variable cost per unit will be unchanged).

Offered price = $0.165

$0.165 < $0.179

Since offered price < marginal cost ; The offer should be rejected.

7 0

3 years ago

Your supervisor has come to you with the following list of expenditures for the year and is asking you whether they should be ca

Trava [24]

Answer:

Capitalized Expenditures:

2. Added a new wing onto the office building.

5. Had an engine rebuilt in one of their fleet cars.

Explanation:

Capitalization is the process of delaying the full recognition of an expense for the acquisition of a new asset with long-term life so that the costs can be treated as an expense gradually over its useful life through an accounting method known as depreciation or amortization.

The criteria for capitalizing expenditure depend on whether the expenditure is necessary to bring the asset to the condition and location where it can be operated as desired by the management. It must also meet the threshold amount set by management for capitalization. This is because some assets can be used for more than one year and still they are not regarded as capital assets. Example is a stapling machine that costs less than a dollar.

6 0

3 years ago

According to the _____________ of Alderfer’s ERG theory, an already-satisfied lower-level need can become reactivated when a hig

BaLLatris [955]

Answer:

regression theory

Explanation:

According to the regression theory of Alderfer’s ERG theory, an already-satisfied lower-level need can become reactivated when a higher-level need cannot be satisfied.

Alderfer proposed a regression theory to go along with the ERG theory, where he propounded that when needs in a higher category are not met then individuals redouble the efforts invested in a lower category need.

For example if self-actualization or self-esteem needs in the Maslow's hierarchy of needs are not met then individuals will invest more effort in the physiological and safety category in the hopes of achieving the higher need.

4 0

3 years ago