Which type of communication technology is attractive to businesses

The LaPann Company has obtained the following sales forecast data:

Andreas93 [3]

Answer:

1. C) $166,000

2. B) $248,000

Explanation:

Given the forecast

Month July August September October

Cash sales $80,000 $70,000 $50,000 $60,000

Credit sales $240,000 $220,000 $180,000 $200,000

Given that for credit sales, the regular pattern of collection is 20% in the month of sale, 70% in the following the month of sale and the remainder in the second month following the month of sale.

Account receivable balance is made up of credit sales yet to collected.

The budgeted accounts receivable balance on September 30

= 10% * $220,000 + 80% * $180,000

= $22,000 + $144,000

= $166,000

The budgeted cash receipts for October

= $60,000 + 20% * $200,000 + 70% * $180,000 + 10% * $220,000

= $60,000 + $40,000 + $126,000 + $22,000

= $248,000

7 0

3 years ago

Which of the following statement is NOT TRUE about advantages of using primary data?

Maksim231197 [3]

Answer:

A. false

B. false

C. true

D. true

3 0

3 years ago

Marginal external benefit is _______.

Katyanochek1 [597]

Answer:

A

Explanation:

Marginal external benefit is an extended benefit received by a thirty party, that is, people that are not directly involved as primary intended receiver of a good or service. Although the initial product or service benefits one party in particular, it is also an authomatic effect that brings benefit to other than the consumers of that product or service.

8 0

3 years ago

Your aunt is thinking about opening a hardware store. She estimates that it would cost $500,000 per year to rent the location an

Triss [41]

Answer:The answer is 1 B, 2.the giving up of her $50,000 per year job as an accountant, 3.True

Explanation:

The opportunity cost can be define as a sacrifice whether on the side of an individual, a firm or government. The opportunity cost is the forgone alternatives in order to acquire a product or a services. To an individual, who aims at maximizing his utility from his limited available resources he will have to allocate these limited resources to those wants that are most important. Opportunity cost help an individual to make a judicious use of his scarce resources. .The opportunity cost is also important to a firm because the firm has to choose to allocate its limited available raw materials in the production of a particular product with high demand at the expense of other products with low demand in order to maximize profit.

The opportunity cost to the government is in the preparation of the budget, the government can decide to allocate the available resources to the sector of the economy which is of high priority such as education at the expense of other sectors of the economy.

7 0

3 years ago

You have been appointed to lead an existing group. Your boss, who informed you of the assignment, made these comments: "These pe

Aneli [31]

Answer:

This is a group that can be defined by its <u> high cohesiviness and low performance norms.</u>

Explanation:

In this case, the new leader must focus on solving this problem that already exists where team members have high cohesion, but who have a low performance with regard to compliance with internal rules and procedures.

The ideal in this case would be for the leader to review the set of company policies and standards and seek to establish new rules and procedures for living and working together.

Having a cohesive team is not a weakness for an organization, the ideal is to know how to exploit the potential of each member of that team, so that each one delivers to the company an effective job that contributes to the achievement of the objectives and organizational goals.

The manager can also invest in training, redesigning the layout of work and tasks, setting deadlines for completing activities, delivering warnings to ward off inappropriate behavior during working hours, etc.

4 0

4 years ago