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shutvik [7]
3 years ago
10

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

Business
2 answers:
jeyben [28]3 years ago
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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What is one major measure of economic growth?
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Fill in the blanks
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  • Management
  • Owners
  • External stakeholders  

Explanation:

  • Management of the business is responsible for taking care of the performance of the business and comparing the present status of the business with the previous status, and sometimes with its competitors.
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The cost of equity is: Group of answer choices equal to the amount of asset turnover the weighted average cost of capital the in
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Answer:

the rate of return required by investors to incentivize them to invest in a company

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In finance, the cost of equity is the Cost of Equity is the rate of return which an organization pays those that invested in equity. The organization uses cost of equity to check how attractive investments are.

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3 years ago
A company manufactures three products, A, B, and C. The following information is available about the products on a per unit basi
borishaifa [10]

Answer:

Hi the demand for each  product for this question is missing, however, i have provided step by step approach to solving the problem below .

Explanation:

First Calculate the contribution per unit of each product

                                                        A                           B                            C

Sales price                                  $65.50                $57.50                  $75.25

Less Total variable cost            ($28.85)              ($26.50)                ($38.95 )

Less Direct material cost            ($11.25)                ($8.90)                 ($22.75)

Contribution                                $25.40                 $22.10                   $13.25

Calculate the contribution per limiting factor of each product and rank the products

<em>contribution per limiting factor = contribution per unit ÷ quantity per limiting factor per unit</em>

                                                        A                           B                            C

Contribution                                $25.40                 $22.10                   $13.25

Quantity of limiting factor             4.65                      6.3                          5.9

Contribution per limiting factor   5.46                      3.51                        2.25

Ranking                                            1                           2                             3

Allocate the limiting factor according to the limiting factor

The company will on produce Product A as this is the most profitable.

Contribution =  $25.40

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