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Alex Ar [27]
4 years ago
12

How would a new business get information to accurately forecast its sales?

Business
1 answer:
melamori03 [73]4 years ago
3 0
A couple of ways that business can use to get the informaiton are:
- By collecting Customer relation Management Data
This data is useful to know the satisfaction level of the customer and their tendency to return and repeat the purchase
- By observing the inventory
This includes observing the rate of inventory turnover to create a pattern that might be repeated for the following year.
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PLEASE HELP ME ILL MAKE YOU BRAINLIEST
Kryger [21]

Answer:

I for one think that B is the answer.

3 0
3 years ago
Which journal entry reflects the following transaction?:
Grace [21]

Answer:

The correct answer is Option A.

Explanation:

The concept of double entry says for every debit entry, there must be a corresponding credit entry. This is necessary for the journal entries to balance, that is, the total of the debit balance must always equal the credit balance.

The building purchased by BOC is an asset. So there is need to debit that account to recognize the asset. Since there was an outflow of cash to the tune of $50,000, we need to credit cash while the remaining balance being financed by mortgage will be credited to recognize the liability.

7 0
3 years ago
Heap Corporation is considering an investment in a project that will have a two year life. The project will provide a 10% intern
german

Answer:

$77,686

Explanation:

The IRR is the discount rate that equates the after tax cash flows from an investment to the amount invested.

To find the amount invested, discount the cash flows using the IRR.

∑ 40,000 / 1.1 + 50,000 / 1.1² = $77,686 (to the nearest dollar)

The amount invested is $77,686.

I hope my answer helps you

3 0
4 years ago
Why is it important to conduct market research on your target audience before building your marketing plan?
Tcecarenko [31]
Conducting market research on your target audience before building a marketing plan allows you to understand your customers/clients and their needs. By completing a marketing plan that includes demographical research as well as spending and purchasing goals and plans, you can understand how to adjust each of the 4 Ps (Price, Place, Promotion, and Product) to create value for your customers and differentiate your product in the marketplace. 
3 0
3 years ago
To spur trade, Cormoran, Brithea, and Asmakush decided on economic integration where there were no barriers to trade between the
LekaFEV [45]

Answer:

Common market.

Explanation:

In order to spur trade, Cormoran, Brithea, and Asmakush decided on economic integration where there were no barriers to trade between the three countries, they agreed on a common external trade policy, and allowed factors of production to move freely between the three countries. In short, the three countries formed a common market.

A common market can be defined as a formal agreement between a group of countries in which they adopt a common external tariff on products imported from countries outside the union. It is simply a type of market involving the formal organization of countries who have collectively agree to trade freely with one another with eliminated internal tariffs but imposes a common external tariff on trade with other countries.

Common market was founded in 1958 and was made up of countries like Luxembourg, France, Belgium, Netherlands, West Germany and Italy.

The main purpose and advantage of the common market is that, it avails member countries the opportunity to move goods, people, services and capital freely.

4 0
3 years ago
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