Lily can benefit both from investing her money in the bank and in insurance companies. The bank can be both a short and long-term investment where she could get her finances from in case she needs them, while insurance companies will become her long-term investment in case she needs finances for her other needs (i.e. health, travel, etc.).
Lexi Company forecasts unit sales of 1,640,000 in April, 1,250,000 in May, 810,000 in June, and 1,650,000 in July. Beginning inv
mario62 [17]
Answer:
Explanation:
From the information given in the question:
The main objective is to Prepare a merchandise purchases budget for the months of April, May, and June
Merchandise Purchases Budget
April May June
Next months' budgeted 1250000 810000 1650000
Sales
Ratio of inventory 30% 30% 30%
Desired ending inventory 375000 243000 495000
Sales unit 1640000 1250000 810000
Required units of
available inventory 2015000 1493000 1305000
Less:Beginning Inventory -250000 - 375000 - 243000
Units to be purchased 1765000 1118000 1062000
N:B
Desired ending inventory = Next months' budgeted sales × Ratio of inventory
Required units of available inventory = Desired ending inventory + Sales unit
<span>In order for a financial portfolio manager to purchase stocks in a British-operated business, it would require various forms of licensing and permissions on behalf of the financial manager to be able to make oversea purchases. This would ultimately allow the individual to make such a transaction.</span>
If demand changes greatly with a small change in price, we say the demand is elastic.
Tabor company issues $20,000 of common stock to investors. recording this transaction will include a credit to common stock. A security that symbolizes ownership in a firm is called common stock. After creditors, bondholders, and preferred stockholders have been paid, whatever assets are left over after a liquidation go to common stockholders.
In the firm, various kinds of equities are traded. In other words, it's a method of allocating corporate ownership; as a result, each share of common stock corresponds to a certain proportion of a corporation. One share, for instance, would represent one percent ownership of a firm with 100 outstanding shares.
To learn more about common stock, click here.
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