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Mademuasel [1]
2 years ago
6

The ________ method of developing a pro forma income statement forecasts sales and values for the cost of goods sold, operating

expenses, and interest expense that are expressed as a ratio of projected sales.
Business
2 answers:
timofeeve [1]2 years ago
5 0

Answer:

percent of sales.

Explanation:

The method described above is the percentage of sales method, which is characterized by applying a small percentage relative to various organizational costs and expenses on sales so that a projection of the results of the next financial year can be developed. This is a simple method to be applied and accounting information helps organizations to better control and forecast sales growth, increasing their effectiveness and control of financial resources.

Natalija [7]2 years ago
4 0

Answer:

Percent of sales

Explanation:

A pro forma invoice contains a description of goods and services that is being provided by the supplier.

It is sent to the buyer before shipment of the product.

The pro forma invoice also contains information like the eight of the good and shipping cost.

The percentage of sale method of preparing pro forma invoice focuses on the amount of funding that is required to increase sales.

This method forecasts sales and values for the cost of goods sold, operating expenses, and interest expense that are expressed as a ratio of projected sales.

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Assuming there are only two types of outputs in a country: consumer goods and nuclear missiles. All else being constant, as the
kotykmax [81]

Answer:

C. every additional missile will reduce consumer goods production more and more.

Explanation:

As more missiles are being produced, there would be less resources available to produce consumer goods. So, the production of consumer goods would reduce.

The production possibility frontier explains this concept

The Production possibilities frontiers is a curve that shows the various combination of two goods a company can produce when all its resources are fully utilised.  

As more quantities of a product is produced, the fewer resources it has available to produce another good. As a result, less of the other product would be produced. So, the opportunity cost of producing a good increase as more and more of that good is produced.

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3 years ago
The field of accounting that focuses on providing information for external decision makers is.
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1 year ago
Although GDP is a reasonably good measure of a nation's output. It does not necessarily include all transactions and production
Scorpion4ik [409]

Answer:

Options (a), (b) and (d) are correct.

Explanation:

Gross domestic product refers to the total value of production of goods and services during a period of time within the boundaries of the nation. GDP of a nation also represents the standard of living of that nation. If the GDP of a nation increases then it is assumed that the standard of living of that nation also increases.

But there are some flaws or loopholes in this assumption as non-marketing activities and the underground economy makes the GDP an imperfect measure of a particular economic activity.

Is doesn't includes the quality of goods received by the consumers as it doesn't contribute towards GDP of a nation.

It doesn't takes into account the non-market activities such as self service and house work. If a person is cleaning his home then this doesn't contribute towards GDP but if he hires someone to do the same job then then this will contribute towards the calculation of GDP as it is counted as a consumption expenditure.

Loss of enjoyment will also not counted while determining the GDP.

Government pay checks to soldiers will be included in the GDP because it increases the GDP of a nation.

8 0
2 years ago
Sustainability programs often find their success beyond company boundaries, thus ______ systems and _____ metrics cannot capture
AlladinOne [14]

Answer:

internal; process

Explanation:

Sustainability programs are usually used by organization for the growth of the organization, it may be interms of risk management and others however, it has to be a continuous process for it to be achieved.

It should be noted that Sustainability programs often find their success beyond company boundaries, thus internal systems and process metrics cannot capture all of the relevant numbers.

3 0
3 years ago
Rios Corporation reports costs for the year as​ follows: Direct Materials Used $ 795 comma 000 Wages to Line Workers 270 comma 0
Pavlova-9 [17]

Answer:

$1,490,000

Explanation:

Given that,

Direct Material used = $795,000

Wages to Line workers = $270,000

Indirect Materials used  = $425,000

Total product cost for the year:

Direct Material used + Wages to Line workers + Indirect Materials used

= $795,000 + $270,000 + $425,000

= $1,490,000

Therefore, the total product costs for the​ year is $1,490,000.

5 0
3 years ago
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