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Alisiya [41]
3 years ago
11

Swifty Corporation estimates its sales at 190000 units in the first quarter and that sales will increase by 11000 units each qua

rter over the year. They have, and desire, a 25% ending inventory of finished goods. Each unit sells for $25. 40% of the sales are for cash. 70% of the credit customers pay within the quarter. The remainder is received in the quarter following sale. Cash collections for the third quarter are budgeted at
Business
1 answer:
Dimas [21]3 years ago
6 0

Answer:

$5,250,500

Explanation:

Budgeted cash collection for third quarter = Cash sales + Collection of credit sale of 3rd quarter + Collection of credit sale of 2nd quarter

Budgeted cash collection for third quarter = [(190,000+22,000)*$25*40%] + (212,000*$25*60%*70%) + (201,000*$25*60%*30%)

Budgeted cash collection for third quarter = $2,120,000 + $2,226,000 + $904,500

Budgeted cash collection for third quarter = $5,250,500

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If the demand for a good falls by less than the supply of the good rises, then the good’s equilibrium price will __________ and
STatiana [176]

If the demand for a good falls by less than the supply of the good rises, then the good’s equilibrium price will fall and its equilibrium quantity will rise.
According to the law of demand indicates that as price increases, consumers are willing and able to purchase less so the quantity demanded will fall and cause the downward sloping demand curve. So when price falls, consumers are willing and able to purchase more.
6 0
4 years ago
The Darwin Company reports the following information that occurred during the current period: Sales commissions expense $15,600
Kamila [148]

Answer:

$31,800

Explanation:

All Non Manufacturing expenses are treated as Period costs. Period Costs are expensed in Income Statement.

<u>Calculation of Total Period Costs</u>

Sales commissions expense                            $15,600

Administrative office supplies                            $7,300

Administrative Office salaries expense            $8,900

Total                                                                   $31,800

Conclusion

The total costs that will be expensed when incurred on the income statement for the period is $31,800.

8 0
3 years ago
If the market for corporate control were efficient as a governance device, then only __________ would be targets for takeovers.
jonny [76]

Answer: Option B  

         

Explanation: In simple words, corporate governance refers to the set of rules and guidelines which are used for operating and managing an organisation. These rules are implemented so that all the actions of the organisation will be ethical and lawful so that no potential threats like lawsuit etc will occur in the future.

Thus, if the corporate control is as efficient as a governance device than any breach of rule will be easily detected ans strict actions would be taken against it. And chances of doing a breach is high for an organisation in which the top executives are unethical.

Hence the correct option is B .

4 0
4 years ago
Companies within the oneworld, Star, and Sky Team alliances have also engaged in major mergers and acquisitions (M&amp;A): Ameri
Zanzabum

Answer:

Check the explanation

Explanation:

Merger and acquisition. It is a general terminology used to mention consolidation of firms merger that takes place when two businesses join together to form a new organization.

While Acquisition is the buying of one firm by another company.

The following are the benefits of merger and acquisition in the airlines industry:

• Executes economies of scale

• Help obtain coordination effect

• Competitors restriction

• Improved resources allocation

The following are the drawbacks of merger and acquisition in the airlines industry:

• Cultural mismatch among companies during merger

•Antitrust

• Placing risk of acquired workers  

5 0
4 years ago
which enactment process activity must be passed by both houses of congress and signed by the president before any federal agency
Goryan [66]

appropriations bill enactment process activity must be passed by both houses of congress and signed by the president before any federal agency can incur obligations or make expenditures from the us treasury.

what is appropriations bill?

  • An appropriations bill in the US Congress is a piece of legislation that allocates federal monies to particular federal departments, agencies, and programs. The funds are used to fund operations, staff, assets, and activities.
  • Each year, regular appropriations bills are passed, providing funding for a single fiscal year. The federal government's fiscal year, which runs from October 1 to September 30 of the following year, is its accounting period.
  • The United States Senate Committee on Appropriations and the United States House Committee on Appropriations both have authority over appropriations bills.
  • Each of the twelve yearly regular appropriations bills is the responsibility of one of the twelve matching subcommittees that belong to both Committees.

To learn more about appropriations bill with the given link

brainly.com/question/16913740

#SPJ4

8 0
2 years ago
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