The seasonal sales indexes for the Black Lab ski resort are 1.20 for January and .80 for December. If December sales in 1998 were $5,000, a reasonable estimate of sales in January 1999 is $7,500.
(1.20 * 5000) % .80 = 7,500.
Sales are actions related to selling or the number of products sold in a specific time period. A sale is also defined as the provision of a service for a fee. The seller, or the provider of the products or services, completes a sale in response to an acquisition, appropriation, requisition, or direct interaction with the customer at the point of sale. The item's title (property or ownership) is transferred, and a price is agreed upon. The seller, not the purchaser, normally executes the sale, and it may be done prior to the obligation of payment.
Learn more about estimate here
brainly.com/question/14992908
#SPJ4
Answer:
$74,400
Explanation:
Pell Company
Pell's income from Demers for the year ended December 31, 2010
Controlling Interest Share of Net Income for 2010- Excess Fair value Annual Amortization
Controlling Interest Share of Net Income for 2010= ($100,000 × .80) $80,000
Less Excess Fair Value Annual Amortization =($7,000 × .80) $5,600
Pell Income= $74,400
Answer:
They should invest $5,119,047.619 today.
Explanation:
The trust fund will pay a fixed amount forever thus it is a perpetuity. The value of perpetuity or Price of perpetuity is the amount that the perpetuity is worth in today's terms based on the cash flows it will generate in future.
The formula for the value or price of perpetuity is,
P0 or V = Cash Flow / r
Thus,
P0 or V = 215000 / 0.04 = $5,119,047.619
Answer:
Increase in income= $550,000
Explanation:
Giving the following information:
Variable costs per unit:
Manufacturing $60
If a special pricing order is accepted for 5,500 sails at a sales price of $ 160 per unit
Because there is no change in the fixed costs and there are no variable selling and administrative costs, the effect on income will be equal to the change in total contribution margin.
Total contribution margin= number of units* (selling price - unitary variable cost
Total contribution margin change= 5,500* (160 - 60)= $550,000
Increase in income= $550,000
Answer: Primary product dependency is a large constraint on economic growth and development within LEDCs due to the fact that commodities and their producers are highly susceptible to price fluctuations.
Explanation:
Primary product dependency discourages investment in other aspects of the economy. Concentrating on primary products does not always help the long-term development of an economy because it can contribute to a lack of investment in other aspects such as education and industrial production.
