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marshall27 [118]
3 years ago
11

Ecology Co. sells a biodegradable product called Dissol and has predicted the following sales for the first four months of the c

urrent year: Jan. Feb. March April Sales in units 1,700 1,900 2,100 1,600 Ending inventory for each month should be 20% of the next month's sales, and the December 31 inventory is consistent with that policy. How many units should be purchased in February
Business
1 answer:
icang [17]3 years ago
3 0

Answer:

Purchases - February = 1940 units

Explanation:

To calculate the units to be purchased in February, we first need to calculate the opening and closing inventory for the month of February. We know that the closing inventory each month is equal to 20% of next month's sale, so we can calculate the closing inventory for January (which will be opening inventory for February) as,

Opening Inventory - February = 20% * 1900    => 380 units

We can also calculate the ending inventory for February by using the expected sales of March.

Closing Inventory - February = 20% * 2100    => 420 units

The purchases for February can be calculated as follows,

Units Sold = Opening inventory + Purchases - Closing Inventory

1900 = 380 + Purchases - 420

1900 + 420 - 380 = Purchases

Purchases = 1940 units

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a. Issue common stock for cash                            $40,000

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c. Provide services to customers on account       $6,000

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e. Collect $4,000 on account from customers     $4,000

f. Pay employee salaries                                        -$8,000

g. Pay dividends to stockholders                          -<u>$3,900</u>

   Net Cash Flow                                                    <u>$12,600</u>

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3 years ago
Vision statements are used to create a better understanding of the overall purpose and direction of the organization. Vision sta
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Answer:

d. evoke powerful and compelling mental images

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The organizational vision is used so that companies have as aspirations to achieve their objectives and goals that will help companies to reach a desired place that helps the company to expand and obtain new achievements.

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Suppose that a landlord is interested in renting out a two-bedroom apartment for $1000 a month for the next year. The landlord r
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A project manager forgets to assess how national holidays and team member vacations will affect the project’s completion date. N
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The flexible strategy is used to avoid the delay in assessing the external constraints.

The following information regarding accessing external constraints:

  • It could be thrust upon an organization.
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If we accessing the external constraints so the delay could be avoided.

So, The other options seem incorrect

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Learn more about the external constraints here: brainly.com/question/17156848

5 0
3 years ago
Phillips industries runs a small manufacturing operation. for this fiscal year, it expects real net cash flows of $197,000. the
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Answer: Present value of the cash flows of the company is $1,158,824.

Explanation: Philips industries have the cash flow for $197,000. The industry needs to find the present value of the cash flow and the cash flows growth is decreasing every year by 6%.

The present value of the cash flows for perpetuity with decreasing growth rate is:

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Present value of the cash flows (PV) = $197000/[0.11 - (-0.060)]

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Present value of the cash flows (PV) = $1,158,824

Therefore the present value of the cash flows of the company is $1,158,824.

8 0
3 years ago
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