1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Hatshy [7]
3 years ago
5

To meet projected annual sales, Bluegill Manufacturers, Inc. needs to produce 75,000 machines for the year. The estimated Januar

y 1 inventory is 7,000 units, and the desired December 31 inventory is 12,000 units. What are projected sales units for the year? fill in the blank 1 units
Business
1 answer:
Neko [114]3 years ago
4 0

Answer: 70,000 units

Explanation:

You can use the formula for the ending inventory to get this:

Ending inventory = Opening inventory + Production for the year - Projected sales

12,000 = 7,000 + 75,000 - Projected sales

12,000 + Projected sales = 82,000

Projected sales = 82,000 - 12,000

Projected sales = 70,000 units

You might be interested in
National income accountants can avoid multiple counting by1. only counting intermediate goods. 2. only counting final goods.3. i
lubasha [3.4K]

Answer:

2. Only counting final goods

Explanation:

When defining national income accounting and terminolgies, emphasis is always laid on "...total value of FINAL goods...". This is as a result of avoiding double counting. If intermediate goods were counted alongside final goods, it would be double counting because intermediate goods are used in producing those final goods. Final goods are good meant for final consumption. The other method used in avoiding double counting ( counting of the value of the same product more than once) apart from counting final gooda is Value added approach.

4 0
4 years ago
When the value of a bank's assets is than its liabilities, the bank is said to be:_____.
mr_godi [17]

The value of a bank's assets is than its liabilities, the bank is said to be  <u>solvent</u>

<h3>What is assets?</h3>

Any resource that a company, an organization, or an economic body owns or controls is considered an asset. It encompasses everything that has the potential to generate gains in the economy. When turned into money, assets indicate the worth of ownership.

<h3>What do you mean by solvent in accounting?</h3>

A company's capacity to fulfill its short-term and long-term financial commitments is known as its solvency. One indicator of a company's financial health is its level of solvency, which reveals whether it will be able to continue running its business into the near future. Ratio analysis is a tool investors can use to assess a company's solvency.

To know more about solvent in accounting visit:

brainly.com/question/17373453

#SPJ4

3 0
2 years ago
What are six resources for helping you decide what type of business to start and how to start it
zaharov [31]
1. Find a good business idea

A good business idea isn’t just one that turns a profit. It’s one that’s a good fit for you personally, for your target market, and for your location. You’re going to be in business for the long haul, so you really should pick something you can live and breathe.

<span><span>Identify your strengths and weaknesses <span>Conduct a SWOT analysis<span> on yourself </span></span></span><span><span>Come up with a business idea </span>that caters to your strengths </span><span><span>How to start inventing things </span>(or how to find something to invent)</span>Define what success looks like for you <span><span>Do your research: </span><span>What are popular businesses today?</span></span></span>
8 0
3 years ago
Justin Company's budget includes the following credit sales for the current year: September, $27,000; October, $38,000; November
Nesterboy [21]

Answer:

Total Cash to collect in November is $34,110.

Explanation:

To determine how much cash can Justin expect to collect in November, we prepare a Trade Receivables Budget.

<u>Trade Receivables Budget</u>

                                   September        October         November

Balance b/d                       $0               $24,300          $40,950

Credit Sales                  $27,000         $38,000           $32,000

Cash Received - 10%    ($2,700)          ($3,800)           ($3,200)

Cash Received - 65%            $0          ($17,550)         ($24,700)

Cash Received - 23%            $0                   $0             ($6,210)

Balance c/d                  $24,300          $40,950           $38,840

Therefore,

Total Cash to collect in November is $34,110 ($3,200 + $24,700 + $6,210).

3 0
3 years ago
You are the only seller of eggs in town, and the price-elasticity coefficient for eggs is known to be 0.8. if you want to increa
kirill [66]

Answer:  To increase sale by 10%, the seller must lower the price of the good by 12.5%.

Explanation: Price elasticity of demand measures the responsiveness of quantity demanded to a change in the price. Since, demand and price for a normal good are negatively related to each other, price elasticity is also negative. It can be calculated using,

e_{d}=\frac{Precentage change in quantity demanded}{Percentage change in price}  -0.8=\frac{10}{Percentage change in price}  Percentage change in price = -\frac{10}{0.8}  Percentage change in price = -12.5

Therefore, to increase sale by 10%, the seller must lower the price of the good by 12.5%.

5 0
3 years ago
Other questions:
  • Net sales for the year were $750,000 and cost of goods sold was $480,000 for the company’s existing products. A new product is p
    12·1 answer
  • Which of the following research and development related costs should be capitalized and amortized over current and future period
    15·1 answer
  • List and explain five different asset classes. What are some reasons individuals would invest in these types of asset classes?
    7·1 answer
  • Exercise 8-3 (Algo) Determining cost of goods sold [LO8-1] The June 30, 2021, year-end trial balance for Askew company contained
    14·1 answer
  • What to do if you have a student whos bad
    8·1 answer
  • The analysis of the behavior of individual decision-making units is the definition of
    7·2 answers
  • The price of apples falls. what happens in the market for apple pies?
    5·1 answer
  • Is $1970.00 rental income debit or credit
    12·1 answer
  • Financial institutions pay___
    10·2 answers
  • Amortization Entries Kleen Company acquired patent rights on January 10 of Year 1 for $2,800,000. The patent has a useful life e
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!