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Marizza181 [45]
3 years ago
15

The Michael Miller Corporation has a sales budget for next month of $200,000. Cost of goods sold is expected to be $125,000. All

goods are paid for in the month following their purchase. The beginning inventory of merchandise is $8,000, and an ending inventory of $6,000 is desired. Beginning accounts payable is $26,000. How much merchandise inventory will The Michael Miller Corporation need to purchase next month
Business
1 answer:
frutty [35]3 years ago
3 0

Answer:

the  inventory to be purchased next month is $123,000

Explanation:

The computation of the inventory to be purchased next month is shown below:

= Cost of goods sold + closing inventory - opening inventory

= $125,000 + $6,000 - $8,000

= $123,000

hence, the  inventory to be purchased next month is $123,000

We simply applied the above formula so that the purchase value of the inventory could come  

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Which step in the STP process develops descriptions of the different segments, which helps firms better understand the customer
timurjin [86]

Answer:

d. Evaluate segment attractiveness

Explanation:

The STP process helps to find your customers and decide the best way to target them. The step of the process that develops descriptions of the different segments is evaluate segment attractiveness as in this step the description of the segments along with market information and research results are generated to evaluate each segment.

6 0
3 years ago
match the business analytic tool with the question it sets out to answer. question 30 options: optimization statistical analysis
USPshnik [31]

The correct answers are 1:D, 2:C, 3:D, and 4:A for the business model and questions related to it.

This can be explained as follow:

                    Questions--- Business models

1. Why is this happening?- Statistical analysis

2. What if these trends continue?- Forecasting/extrapolation model

3. What will happen next?- Predictive modeling

4. What is the best that can happen?- optimization model

The complete question is:

Match the business analytic tool with the question it sets out to answer. options of questions are:

1. Why is this happening?

2. What if these trends continue?

3. What will happen next?

4. What is the best that can happen?

Match them with the following models:

A. Statistical Analysis

B. Predictive modeling

C. Forecasting/extrapolation

D. Optimization

To learn more about financial analysis please click on the given link: brainly.com/question/28388002

#SPJ4

6 0
1 year ago
Everything else equal, an asset's value is:
Harrizon [31]

Answer:

The correct option is A, an asset's value is inversely related to the rate of return investors require to purchase it

Explanation:

The asset value is the initial purchase price determined by discounting the future cash flows from the asset to present values using a the required rate of return.

Ultimately, the higher the required return, the lower the present value of the investment whose price is being determined and the lower the discount the rate of return used in discounting relevant cash flows to present values the higher the present values.

7 0
3 years ago
explain the difference between a change in quantity demanded and a change in demand. Provide a real world example of a factor th
Zina [86]

Answer:

A change in quantity demanded is caused by a change in price only. That is, when price rises quantity demanded falls vise versa

A change in demand occurs when there is a shift in the demand caused by a change in other determinates of demand other than price such as change in income, change in taste and fashion, demographic changes etc.

Explanation:

Real word example of change in demand :

Changing Tastes or Preferences

From 1990 to 2020, the per-person consumption of chicken by Americans rose from 48 pounds per year to 85 pounds per year, and consumption of beef fell from 77 pounds per year to 54 pounds per year, according to the U.S. Department of Agriculture (USDA). Changes like these are largely due to movements in taste, which change the quantity of a good demanded at every price: that is, they shift the demand curve for that good, rightward for chicken and leftward for beef.

Simply put it this way> Change in quantity demanded : Price change, quantity demanded change

Change in Demand: Price doesn't change but quantity demanded changes as a result of change in other determinates of demand examples the change in preference

6 0
3 years ago
Which is an example of a positive incentive for consumers
alex41 [277]

The answer is:  coupon clip from a newspaper.

The rest of the choices are not advantageous for the consumers. A sales tax is a portion of the company's sales deducted. For compensation, the company may increase their prices. A steady rise in profit could also mean high prices which bring in cash flow. Lastly, an increased price is not desirable for consumers.

8 0
3 years ago
Read 2 more answers
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