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
zlopas [31]
3 years ago
15

Cameroon Corp. manufactures and sells electric staplers for $17.00 each. If 10,000 units were sold in December, and management f

orecasts 3% growth in sales each month, the dollar amount of electric stapler sales budgeted for February should be:a. $191,337b. $175,100c. $185,764d. $180,353e. $170,000
Business
1 answer:
Monica [59]3 years ago
6 0

Answer:

d. Sales in Dollars February = $180353

Explanation:

The new Sales or the sales budgeted for January will be 3% higher than that for December. If December sales were of 10000 units, then the January sales will be of 10000 * 103% = 10300 units.

The budgeted sales for February will be 103% of January sales.

Budgeted sales- Feb = 10300 * 103% = 10609 units

The selling price is assumed to stay constant at $17 per stapler.

Sales in Dollar-February = 10609 * 17 = $180353

You might be interested in
Difference between listening and hearing?​
hodyreva [135]

Answer:

Simple. When you listen, you put an effort in to it. It is a conscious mental process where you direct you will power. Whereas hearing is all about you being NOT deaf (haha!) more technically Hearing means the ability to perceive sounds. Often, this is an unconscious mental process.

Explanation:

As we understood in the answer, there are two types of mental activities. Conscious and Unconscious. Conscious ones are those you put an effort to, like reading a book, studying, playing a video game, etc. Listening is like this. your attention and focus is on during listening!

Unconscious mental processes are those that you don't put an effort to and often happens even without you noticing that they are happening. hearing is one such thing, the faculty of perceiving the sound.

3 0
3 years ago
Read 2 more answers
A manufacturing company producing medical devices reported $59 million in sales over the last year. At the end of the same year,
kaheart [24]

Answer:

The inventory TO is 3.6875

Explanation:

\frac{Sales}{Average Inventory} = $Inventory Turnover

​where:

$$Average Inventory=(Beginning Inventory + Ending Inventory)/2

Considering there is not sufficient information to calculate the begining inventory <u>we are going to work only with the ending inventory </u>so:

\frac{59,000,000}{16,000,000} = 3.6875

The inventory TO is 3.6875 This means the company sales their inventory almost 4 times per year.

4 0
3 years ago
Refer to the accompanying balance sheet for the First National Bank. Assume the reserve ratio is 15 percent. If a check for $20,
Arlecino [84]
The answer is b $15,000
7 0
3 years ago
Pls choose A,B,C, or D!!
Artemon [7]

Answer:

a

Explanation:

6 0
2 years ago
Read 2 more answers
When the dollar "falls" compared to other currencies, which group benefits the most?
AURORKA [14]
<span>Foreign companies and investors benefit the most from a falling dollar. When the amount that a dollar can buy depreciates, it becomes more expensive, relatively, to purchase foreign goods. In addition and because of this depreciation, it also becomes relatively less expensive for foreign investors to purchase domestic goods, which means that foreign companies can buy more from US-based businesses.</span>
3 0
3 years ago
Read 2 more answers
Other questions:
  • Sterling Inc. has two long-term notes outstanding. One is a five-year note for $50,000. An equal amount of principal must be rep
    13·1 answer
  • Who is the president of malaysia
    10·2 answers
  • How did we know that Volkswagen is cheating? Who found out and how did they found out
    7·2 answers
  • Which NIMS Management Characteristic includes developing and issuing assignments, plans, procedures, and protocols to accomplish
    15·1 answer
  • Ziegler Company properly applies the lower of cost and net realizable value rule and determines that its inventory value has dec
    8·1 answer
  • An appraiser encounters an underground storage tank and there are no signs of failure. An appraisal could be performed under the
    11·1 answer
  • As the price level rises, the cost of borrowing money will , causing the quantity of output demanded to . This phenomenon is kno
    14·1 answer
  • What is the best way to lead an important project?
    13·2 answers
  • Which trend has the world bank seen in its study of poverty in low-income nations?.
    5·1 answer
  • In a cohesive group, group members have a degree of dependence on the group. A. True B. False
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!