Answer:
sales forecasting
Explanation:
Sales forecasting is a mathematical tool or process to estimate the amount of sales for a product over a given period of time.
Sales forecasts helps companies to make better business decisions so as to analyse the short-term and long-term performance.
The basis for the forecast are generally the past sales data of the product, industry-wide comparisons, and the economic trends for the related products.
Answer:
Mexico export 1 unit of cloth and import 2 unit of food
Explanation:
given data
Mexico’s cost producing 1 unit of food = 3 units of clothing
US cost producing 1 unit of food = 0.5 units of clothing
Trade ratio = 1:1
to find out
How beneficial would it be for Mexico
solution
as given in question we know that Mexico opportunity cost of producing food is lower in the US
so here United States will produce food and Mexico will produce cloth
and trade ratio is 1:1 so that Mexico has export 1 unit of cloth and can import 1 unit of food
and
when the trade ratio is 1 unit of clothing for every 2 unit of food
Mexico export 1 unit of cloth and import 2 unit of food
so as that Mexico will gains more by later trade ratio
Answer:
Don't ask so many questions at the same time ok
Answer:
<em>The project will increase the net working capital of the firm by $4000</em>
Explanation:
Net working capital measure how fast a company can convert its asset to cash, the networking capital can be obtained with the expression below;
net working capital (NWC) = current assets - current liabilities
Current asset = Increase in raw materials = $6,000
Current liabilities = accounts payable increase = $2,000
NWC= Increase in raw materials-increase in accounts payable
=$6,000 -$2,000
=$4000
Therefore this project will increase the net working capital of the firm by $4000
Ryan's Sparkling Jewels estimated its payroll for the coming year to be $84,000. Its workers' compensation insurance premium rate of 0.6% is paid at the beginning of each quarter required: Calculate the estimated cost of workers' compensation insurance for the year.
Answer:
$504 per year
$126 per quarter
Explanation:
workers' compensation insurance = payroll x insurance rate.
$84,000 x 0.6%
$84,000 x 0.006 = $504 per year
$504 ÷ 4 = $126 per quarter
