How should I write a call to action at the end of my presentation?

Wichita Industries' sales are 20% cash and 80% on credit. Credit sales are collected as follows: 40% in the month of sale, 50% i

Lina20 [59]

Answer:

The correct answer is E that is $74,520

Explanation:

The expected cash receipts for January from the current and past sales is computed as:

Cash sales for January = Budgeted sales × 20% cash collected

= $51,000 × 20%

= $10,200

Credit Sales is computed as:

For November is $13,000

For December = December Sales / 60 × 50

= $42,000 / 60 × 50

= $35,000

For January = Budgeted Sales × 80 %× 40%

= $51,000 × 80% × 40%

= $16,320

Total January Sales = Cash Sales + Credit Sales

= $10,200 + $13,000 + $35,000 + $16,320

= $74,520

7 0

4 years ago

JDW Corporation reported the following for 20X1: net sales $2,929,500; cost of goods sold $1786,995; selling and administrative

motikmotik

Answer:

JDW Corporation

Income statement

For the year ended December 31, 20x1

Sales $2,929,500

Cost of good sold $1,786,995

Gross Profit $1,142,505

Selling and Administration expenses $585,900

Income from Operations before tax $446,605

Income Tax $116,887

Net Income $439,718

JDW Corporation

Statement of comprehensive income

For the year ended December 31, 20x1

Net Income $439,718

Unrealized holding loss net of tax -$22,000

Foreign currency transaction adjustment $26,250

Unrealized loss from pension adjustment net of tax -$7,000

Comprehensive Income $436,968

8 0

3 years ago

A distributor of large appliances needs to determine the order quantities and reorder points for the various products it carries

laiz [17]

Answer:

a) 32 refrigerators

b) 28.39 approximately 29 refrigerators

Explanation:

Given:

Cost of order, S = $100

H = 20% of 500 = 100

Cost of refrigerator = $500

Annual demand, D = 500

S.d = 10

Lead time, L = 7 days.

a) To find the economic order quantity, Q_opt, let's use the formula:

$Q_opt = \sqrt{\frac{2*D*S}{H}}$

$= \sqrt{\frac{2*500*100}{100}} = 32$

The economic order quantity is 32 refrigerators.

b) The reorder point, R, is calculated as:

R = (d' * L) + ( z * s.d)

Where d' is daily demand which is calculated by dividing annual demand by 365 days.

d' = 500/365 = 1.37

At 97% service probability.

Using the excel function, NORMSINV(0.97) = 1.88.

Therefore z = 1.88

Solving for R, we have:

R = (1.37 * 7) + (1.88 * 10)

= 28.39

≈ 29

If the distributor wants a 97% service probability, the reorder point, R, should be 29 refrigerators

8 0

3 years ago

If the product price is $283 the per-unit economic profit at the profit-maximizing output is:________

dusya [7]

The per-unit economic profit at the profit-maximizing output is $112 if the product price is $283.

<h3>How do we calculate profit-maximizing price?</h3>

The rule for calculating a profit-maximizing perfectly competitive firm is to produce the level of output where Price equals the Marginal Revenues= Marginal cost.

Hence, the economic profit is calculated by Total Revenue - (Explicit Costs + Implicit Costs) because it entails the difference between the revenue received from the sale of an output and the costs of all inputs.

Therefore, the per-unit economic profit at the profit-maximizing output is $112 if the product price is $283.