The marginal cost of production for the fifth unit of output is $90.
How much does it cost more to produce the fifth unit of output marginally?The marginal cost of creating the fifth unit is equal to the sum of the costs to make five units minus the sum of the costs to produce four units, or R122 minus R120, which equals R12.
The difference in total production costs caused by creating or producing an extra unit is known as the marginal cost in economics.
Marginal cost illustration
The marginal cost is the additional expense incurred when producing a new good. As an example, let's say that it costs $100 to create 100 car tires. To make one extra tire would cost $80. The marginal cost is defined as what it costs to create one additional unit of a good or service.
For the first 4 units the total cost = $40 * 4 =$160
For the first 5 units the total cost = $50 * 5 = $250
So, the marginal cost for the fifth unit will be:
= $250 - $160
= $90
To know more about marginal cost visit :
https://brainly.com/question/28932883
#SPJ4
goods and services: group of answer choices are things produced. are actions produced. are designed to satisfy wants and needs. are two categories of resources.
Goods and services are designed to satisfy wants and needs. In economics, goods are those that satisfy human needs and provide utility, such as a buyer purchasing a nice product.
It is customary to distinguish between transferable and non-transferable services. Both goods and services can be classified as these things. Services are ethereal in nature, whereas products are concrete in the sense that they exist in the physical world and can be touched. Commodities and services are both designed to be helpful and gratifying to the consumer. A service is defined as a "(intangible) act or usage for which a consumer, business, or government is willing to pay."
To learn more about goods, click here.
https://brainly.com/question/15727371
#SPJ4
The debate between paula’s consultants centers around which factor affecting the promotional mix?.
The debate between paula’s consultants centers around the nature of the product in the promotional mix.
What is a promotional mix?In marketing, a promotional mix refers to the blend of promotional variables chosen by marketers to help a firm reach its goals. This mix has been identified as the subset of the marketing mix and we believed that there is an optimal way of allocating budgets for the different elements within the promotional mix to achieve best marketing results and the challenge for marketers is to find the right mix of them.
In this context, the promotional mix includes the Stage in the product life cycle, Nature of the product, Coordinating timing of promotional elements and Available marketing fund.
Read more about promotional mix
brainly.com/question/15496841
#SPJ1
explain which of the following approaches to strategy formulation is more likely to generate economic profits
Utilizing internal resources offers a company a superior competitive edge because they are already available to generate economic profit.
What is Profit in terms of Economics?In accounting, a profit is an income that is given to the owner throughout a successful market producing process. Profitability, which is the owner's primary interest in the income-formation process of market production, is measured by profit. There are various profit metrics that are frequently used. Profit is the term used to describe the financial gain experienced when the revenue from a commercial activity exceeds the costs, costs, and taxes associated with maintaining that activity. Income is the actual amount of money earned in a certain time period, whereas profit is the difference
To learn more about profit click,
https://brainly.com/question/24553900
#SPJ4
what can listing agents prepare for their clients to give them unofficial estimates of all closing costs?
Listing agents can prepare seller net sheets for their clients to give them unofficial estimates of all closing costs.
What is a Listing agent?An authorized real estate agent who represents the seller in a deal is known as a listing agent. It is the job of listing agents to guide sellers through each stage of the sale. In order to price homes, listing agents first conduct comparative market evaluations. They then produce web listings and sales materials to sell the properties. They host open houses after the homes are posted and show and walk-through clients around the properties. To make sure their clients are receiving the best price and conditions, they interact with buyer's agents, assess, and negotiate offers. Agents in real estate who work for sellers are referred to by a variety of words. Many people have been confused by the prevalence of these synonyms.
To learn more about Listing agent, visit:
https://brainly.com/question/28348522
#SPJ4
2021, remsco has taxable income of $80,000 and a charitable contribution limit modified taxable income of $30,800. remsco donated cash of $9,300 to a qualified public charity. what is remsco's current-year charitable contribution deduction assuming remsco makes any elections necessary to maximize its charitable contribution deduction?
Remco's current-year charitable contribution deduction and carryover is: $3,080; $6,22O
.
Since the current-year deduction is limited to 10 percent of charitable contributions charitable contribution limit modified taxable income.
Hence,
Current-year deduction:
Current-year deduction= Charitable contribution limit modified taxable ×10%
Current-year deduction=$30,800 × 10%
Current-year deduction=$3,080
Carryover:
Carryover=$9,300-$3,080
Carryover=$6,22O
In conclusion, Remsco's current-year charitable contribution deduction and carryover are $3,080; $6,22O.
A charitable contribution is a donation or gift to, or for using, a certified organization. it is voluntary and is made without getting, or ex- pecting to get, whatever is of identical value. qualified groups.
For contributions of cash, take a look at, or every other economic present (no matter amount), you need to maintain a document of the contribution: a financial institution file or a written conversation from the qualified organization containing the call of the employer, the amount, and the date of the contribution.
presents to a non-certified charity or nonprofit are not deductible. To qualify, a group must sign up with the IRS underneath section 501(c)(3) or, in some instances, section 501(c)(four). A pledged or promised donation isn't deductible, the only money this is truly given.
To learn more about charitable contributions visit here:
brainly.com/question/14288380
#SPJ4
what two outcomes would be considered part of the feedback loop in the communication process? multiple select question. a retailer attributes an increase in sales to its purchase of advertising in sunday's paper. a manufacturer customizes its message for consumers using direct marketing. a consumer purchases a used car as a result of the interaction with a salesperson. a firm issues a press release about an upcoming charity event it is sponsoring.
A retailer attributes an increase in sales to its purchase of advertising in Sunday's paper and A consumer purchases a used car as a result of the interaction with a salesperson are the part of the feedback loop.
A feedback loop is a component of a system where some (or all) of the output is used as input for subsequent operations. There are at least four stages in each feedback loop. Input is produced in the first stage. The second stage involves capturing and storing input. The third stage involves the analysis of the input, and the fourth stage involves the use of the analysis's conclusions to make decisions.
Loops in feedback can be positive or negative. Negative feedback loops are useful for maintaining an ideal state within predetermined bounds and are self-regulating. A classic illustration of a self-regulating negative feedback loop is an outdated home thermostat that uses bang bang control to turn on or off a furnace.
Learn more about Feedback loop, here
https://brainly.com/question/11312580
#SPJ4
evergreen roofing had cash sales for the month totaling $42,000. evergreen offers a 1-year warranty on its roofing services. if evergreen estimates warranty claims will equal 3% of sales, the journal entry to record the estimated warranty expense for the month is:
If evergreen estimates warranty claims will equal 3% of sales, the estimated warranty expense for the month is debit warranty expense $1,260; credit Cash $1,260.
A warranty is a guarantee that is not a requirement of the contract or an indefinite term; it is a clause that only provides rights to the innocent party and does not affect the fundamental terms of the agreement.
The written assurance of quality as promised to a customer by a product manufacturer or service provider is known as a warranty. For the duration of the warranty's term, warranties offer customers legally guaranteed service replacement or problem-solving measures, subject to the warranty's terms and conditions.
Any plant that keeps its leaves all year long and into the following growing season is considered to be evergreen. Many broad-leaved flowering plant species from the tropics are evergreen, but in cold-temperate and arctic regions, the evergreens are typically cone-bearing shrubs or trees (conifers), like pines and firs.
Learn more about warranty here :
https://brainly.com/question/17108799
#SPJ4
Conflicts between two mutually exclusive projects occasionally occur, where the npv method ranks one project higher but the irr method puts the other one first. In theory, such conflicts should be resolved in favor of the project with the higher irr.
Conflicts between two mutually exclusive projects occasionally occur, where the NPV method ranks one project higher but the irr method puts the other one first is a False statement.
What two initiatives are mutually exclusive?Capital projects that compete head-to-head are said to be mutually exclusive. Projects X and Y are said to be mutually exclusive, for instance, if a management must choose precisely between completing either project X or Y, but not both of them simultaneously.
Hence, The more net cash a project creates for the company, the higher the expected IRR is and the more it exceeds the cost of capital. In this instance, the project appears to be profitable, and management should move forward with it.
Learn more about Internal Rate of Return (IRR) from
https://brainly.com/question/7920964
#SPJ1
See full question below
Conflicts between two mutually exclusive projects occasionally occur, where the npv method ranks one project higher but the irr method puts the other one first. In theory, such conflicts should be resolved in favor of the project with the higher irr. True or false
an company has three products in its ending inventory. specific per unit data at the end of the year for each of the products are as follows: product 1 product 2 product 3 cost $ 39 $ 109 $ 69 selling price 97 177 127 costs to sell 5 78 29 required: what unit values should han use for each of its products when applying the lower of cost or net realizable value (lcnrv) rule to ending inventory?
The unit value that the company should specify is $39, $31 and $69 for products 1, 2 and 3 respectively in its ending inventory
Income statement: It is a statement that lists all of an organization's costs and revenues for a specific year, and the difference between the two is calculated and referred to as a profit or income. The expense items that are deducted from the profit are all removed from the income statement.
Computation of Units
Product Cost NRV Per unit Inventory Value
1 $39 $92 $39
2 $109 $31 $31
3 $69 $127 $69
NRV = Selling price - Cost to sell
Learn more about cost to sell:
https://brainly.com/question/28017453
#SPJ4
______ are important because they provide utilities to consumers and have a significant positive impact on the economy.
Retailers are important because they provide utilities to consumers and cause a significant positive impact on the economy.
A retailer is someone or a company where you buy products. In most cases, retailers buy their products from manufacturers. They buy products from wholesalers or manufacturers and then sell them in small amounts to customers. Consumer utilities are one way they add value. They have an advantageous effect on the economy.
Retailers serve as a crucial conduit between producers and consumers. They are crucial to the whole distribution chain as the last point of sale. They do, in fact, offer services to both consumers and wholesalers. The consumer is the most important retail principle to grasp; they should be at the center of your business, and everything you do should be focused on them.
Learn to know more about Retailers on
https://brainly.com/question/27293552
#SPJ4
he parties orally agreed but did not specify in the contract that the contractor would complete the work in 60 days, and then they both signed the contract. the contract did not contain a merger clause. the contractor failed to finish the work in 60 days. the homeowner has sued the contractor for breach of contract. is the court likely to admit evidence concerning the parties' oral agreement that the work would be completed in 60 days?
The time restriction is an additional element that does not conflict with the “partially integrated” written contract, so the court is likely to accept evidence regarding the parties’ verbal agreement that the job would be finished in 60 days.
A contract that expresses all of its provisions in full and complete legal contract form but does not include all of the terms and conditions that the parties have mutually agreed upon is said to be partially integrated.The essential elements of a written agreement: Offer.Acceptance, consciousness, consideration, capability, and legality.As a result, a contract that is only partially integrated completely reflects all of its terms but does not entirely represent all of the agreements reached by [or among] the parties.The implication is that since the homeowner approved of the price rise, the contractor will prevail.Note that an inference merely refers to the conclusion that can be drawn from the provided evidence.Given that the homeowner approved of the price rise, it is implied in this foundation that the contractor will succeed.
To know more about partially integrated visit:
https://brainly.com/question/28030583
#SPJ4
discuss the issue of centralization versus decentralization as it applies to the purchasing function. what are the advantages of centralized purchasing organizations? what are the disadvantages of centralized purchasing?
Centralized purchasing becomes more crucial as a company expands. Businesses frequently pay more as a result of their ineffective processes when they have a decentralised purchasing structure where separate departments are in charge of their own purchasing.
On the other hand, centralised firms run their purchasing processes more effectively since they have a procurement department of their own. Sometimes a small company doesn't need a whole department with many employees, only a purchasing or procurement manager.
A completely centralised organisation or a center-led organisational structure are both examples of centralised purchasing. For the entire company, the purchasing department creates standard operating procedures and purchasing pause rules. In a totally centralised structure, the purchasing department manages all purchasing responsibilities from a home office or headquarters for activities for every department or division. The purchasing department creates purchasing rules and standard operating procedures in a center-led organisation, but each division or department is still free to follow its own methods.
To know more about Centralized and decentralised visit:
https://brainly.com/question/20984475
#SPJ4
what are three advantages of regional market integration that can result in cost savings to a business?
three advantages of regional market integration that can result in cost savings for a business are:
-Harmonized product standards
-Free movement of goods across borders
-Simplified tax regimes
Regional integration enables countries to avoid these costly divisions by linking the markets for goods, services, and factors, facilitating the mobility of people, ideas, capital, energy, and goods. Regional integration may be supported through shared institutional and physical infrastructure.
Nations can overcome divisions that obstruct the free flow of money, labor, goods, services, and ideas by integrating regionally. These divisions impede economic progress, especially in underdeveloped countries.
Learn more about Regional integration here:
https://brainly.com/question/13035272
#SPJ4
it is good to use credit for: group of answer choices buying groceries. dining at a restaurant. buying a car. visiting a tourist destination. paying rent for your home.
Instead of buying groceries and dining out, it is wise to use credit to purchase a car.
Describe credit cards.A small, rectangular piece of plastic or metal known as a credit card, which is issued by a bank or another financial institution, enables its owner to borrow money in order to pay for goods and services at establishments that accept credit cards. Credit cards impose the requirement that cardholders repay the borrowed cash in full or over time, either by the billing date or at a later period, together with any applicable interest and any other agreed-upon costs.
In addition to the standard credit line, the credit card issuer may also offer cardholders a separate cash line of credit (LOC), which enables them to borrow money in the form of cash advances that can be accessed through bank teller machines, ATMs, or convenience checks from their credit cards.
Learn more about credit cards with the help of the given link:
brainly.com/question/27350251
#SPJ4
mortgage brokers sometimes deny mortgages and real estate agents may decline to show a house to a prospective buyer on the basis of the person's race. these discriminatory practices are best described
Discriminatory practices such as mortgage brokers denying mortgages and real estate agents declining to show a house to a prospective buyer based on person's race are described as institutional discrimination.
Give a brief account on institutional discrimination.The unfair treatment of a person or group of people by institutions like governments or educational institutions is known as institutional discrimination. The aims, policies, rules, and regulations of an organization typically contain these unfair and subtle types of discrimination. Based on socioeconomic status, gender, caste, race, or ethnicity, prejudice may exist.
Minority groups are much more prone to endure some types of sociostructural disadvantage than majority groups, such as communities of African descent in the United States. On those who are affected, institutionalized prejudice has substantial and enduring negative effects, including rising death rates, hindered economic growth, and limited access to healthcare.
To know more about, institutional discrimination, visit :
https://brainly.com/question/8047701
#SPJ4
over armoir, inc. purchased a patent totaling $1,000 for cash during the year and equipment for $10,000 cash. assuming these are the only transactions affecting the investing activities, it will report net cash flows from investing activities of . multiple choice question. $11,000 $(11,000) $(9,000) $9,000
The net cash flows from investing activities for Over Armoir Inc, can be found to be $ (11, 000).
How to find the cash flow from investing activities?Cash flows from investing activities include all cash transactions that had to do with the purchase or sale of fixed assets.
The cash transactions for fixed assets include the purchase of a patent and the equipment.
Net cash from investing activities is:
= ( -1, 000 ) + ( -10 , 000)
= $ - 11, 000
The reason the cash flow is negative is that the company was spending, not receiving.
Find out more on net cash from investing at https://brainly.com/question/16104385
#SPJ1
when interest expense is calculated using the effective-interest amortization method, interest expense on a bond that pays interest annually is equal to the:
when interest expense is calculated using the effective-interest amortization method, interest expense on a bond that pays interest annually is equal to the carrying value of the bonds multiplied by the effective interest rate.
A bond is discounted using the effective interest technique, a procedure in accounting. The amount of the bond discount or premium is amortized to interest expense during the bond's life when using this technique for bonds sold at a discount or premium. The discounting or writing off of a bond is done using the effective interest method.
Over the course of the bond's existence, the amount of the bond discount is amortized as interest expenditure. The amount of interest expenditure rises as a bond's book value rises.
To know more about effective interest technique, visit;
brainly.com/question/16654966
#SPJ4
1. do you believe the rapid economic development of poorer countries helps or hurts the environment? why?
The environment is severely damaged by rapid economic development. Economic development is the production of new jobs and a rise in a country's economic productivity.
What is Economic development?Economic development is the process through which a country, region, local community, or an individual's economic well-being and quality of life are enhanced in accordance with specific aims and objectives, according to the economics study of the public sector. Although the concept has been around in the West for far longer, the phrase has become more popular in the 20th and 21st centuries. Other phrases frequently used while addressing economic growth include "Westernization," "industrialization," and "modernization." Economic development plans have historically prioritized industrialization and infrastructural development; however, since the 1960s, the emphasis has shifted to poverty alleviation. Economists are primarily concerned with the economy's growth, whereas community economic development experts are also interested in socioeconomic development.
To learn more about Economic development, visit:
https://brainly.com/question/1645709
#SPJ4
what's one way the customer 360 platform allows you to quickly transform and scale your business?
The first real-time CRM in the world, Customer 360, unites your marketing, sales, commerce, service, and IT teams around each customer.
What is real-time CRM ?Real-time In order to decide the best course of action to take or the best recommendations to make, CRM analytics often works by analysing an incoming client request against a set of predefined business rules and/or data mining algorithms.
The idea combines the necessity to react fast to shifting market conditions with the need to get the most out of client data. It is crucial in fiercely competitive industries like financial services, retail, and telecoms, where businesses are increasingly turning to CRM analytics to comprehend consumer preferences, buying habits, and patterns, as well as to pinpoint individuals who have a high value.
CRM software is frequently combined with infrastructure elements like datawarehouses, enterprise application integration technology, and tools for Olap and data mining that can analyse real-time data in real-time analytics.
To learn more about CRM refer :
https://brainly.com/question/25656282
#SPJ4
The country of nemedia does not trade with any other country. its gdp is $20 billion. its government collects $4 billion in taxes and pays out $3 billion to households in the form of transfer payments. consumption equals $13 billion, and investment equals $2 billion. what is the value of the goods and services purchased by the government of nemedia? a. $17 billion b. $3 billion c. $19 billion d. $5 billion
The total of the goods and services purchased by the government of nemedia is $5 billion. It can be calculated by subtract the GDP with total government investment and also consumption.
In economic and business, Gross domestic product or known as GDP generally can be defined as a monetary measure of the market value of all the services and also final goods produced and sold in a specific time period by countries.
The calculation:
Gross Domestic Product (GDP) = private consumption + gross private investment + government investment + government spending + (exports – imports)
Government purchase of Goods and services = GDP - Investment - Consumption
Government purchase of Goods and services = $20 billion - $ 13 billion - $2 billion
Government purchase of Goods and services = $5 billion
Here you can learn more about GDP https://brainly.com/question/15682765
#SPJ4
suppose you own a retail bookstore and want to analyze your sales by item. as you prepare your visualization, you realize that you have 3 items (pencils, bookmarks, bookcovers) that have relatively little sales as compared with your other items, and you want to group them together. to do this, you need to:
Select the labels (items), click the paper clip icon to group the items, and then right click the row to rename the group using "edit alias"
What is right click?The right click is also called a "secondary click". Right-click typically opens a context menu that provides actions related to the right-clicked menu, filename, or icon. Right-click, for example, is the usual way to find file properties. If your Windows laptop does not have a right-click button, click the bottom right corner of your touchpad.If you have only one button under your trackpad, press right to right-click.Buttons may or may not have left and right dividers. The right mouse button is normally used to provide additional information or properties of the selected item. For example, highlighting a word in Microsoft Word and pressing the right button will bring up a drop-down menu with cut, copy, paste, change font, and more.to learn more about right click from the given link :
https://brainly.com/question/3929266
#SPJ4
if a paper mill shuts down its operations for three months so that it produces nothing, which part of its cost is reduced to zero?
The variable cost of a paper mill is reduced to zero if it stops production for three months.
What is a variable cost?A variable cost is a type of business expense that varies depending on how much a company produces or sells. Variable expenses grow and fall with changes in production, depending on a company's amount of sales.
Examples of variable costs include raw material and packaging costs for manufacturing companies, as well as credit card transaction fees and shipping costs for retail businesses, which fluctuate with sales. A fixed cost can be contrasted with a variable cost.
What Is the Total Variable Cost Formula?
Every unit of production should ideally have the same amount of variable expenses because they scale together. As a result, the total output quantity can be multiplied by the unit variable cost to determine total variable costs.
Learn more about variable costs with the help of the given link:
brainly.com/question/22233872
#SPJ4
the nominal interest rate is 5 percent and the real interest rate is 2 percent. what is the inflation rate?
The inflation rate will be 3% if the nominal interest rate is 5% and real interest rate is 2%.
What is the inflation ?The rate at which prices increase over a specific time period is known as inflation. Inflation is often measured in broad terms, such as the general rise in prices or the rise in a nation's cost of living.
As goods and services become more expensive, a currency unit loses some of its purchasing power. This affects a nation's cost of living as well. High levels of inflation result in rising living expenses, which eventually slow down economic growth. The economy needs a certain amount of inflation to encourage spending and discourage holding onto money through savings.
Deflation is a drop in the average level of prices for goods and services. When the inflation rate is less than 0%, deflation sets in.
To learn more about inflation rate refer :
https://brainly.com/question/1100560
#SPJ4
problems in a new process for electronic receipt of lab results. on the first day of the new process, the receptionist called the central lab to complain that they did not receive their daily results fax. where did this problem likely originate?
This problem likely originates from the new process itself being flawed and not receiving their daily results fax.
A receptionist is an employee taking a workplace or administrative help role. The work is typically carried out in a waiting place along with a foyer or the front office desk of a business enterprise or commercial enterprise. The identified receptionist is attributed to the person that is hired by using a company to get hold of or greet any visitors, patients, or clients and answer smartphone calls.
The term front table is used in lots of accommodations for an administrative department wherein a receptionist's responsibilities additionally may consist of room reservations and assignments, guest registration, cashier work, credit score assessments, key control, and mail and message provider. Such receptionists are regularly referred to as front table clerks. Receptionists cowl many regions of work to assist the companies they paint for, along with setting appointments, filing, report maintaining, and other workplace tasks.
To learn more about receptionists visit here:
brainly.com/question/24340546
#SPJ4
What will happen to the price and quantity of footballs as a result of an increase in the price of leather used to make footballs?.
Price will increase and the quantity will decrease if there is an increase in the price of leather used to make football. The correct option to this question is B.
When overall prices rise (inflation) as a result of rising costs for wages and raw materials, this phenomenon is referred to as cost-push inflation, also referred to as wage-push inflation. The total amount of production in the economy may decline as a result of higher production costs. Cost-push inflation results from the product price increases being passed on to consumers because the demand for goods hasn't changed.
Cost-push inflation is an increase in overall prices (inflation) brought on by rising labor and raw material costs. It can happen when increased production costs cause the economy's overall supply, or aggregate supply, to decline. It results from the manufacturing price increases being passed on to consumers because the demand for goods hasn't altered.
For more information on cost-push inflation kindly visit to
https://brainly.com/question/28190771
#SPJ4
Complete question is
What will happen to the price and quantity of footballs as a result of an increase in the price of leather used to make footballs?.
A) price will increase and quantity will increase.
B) price will increase and quantity will decrases.
C) price will decrease and quantity will increase.
D) price will not change and quantity will not change.
what is one way in which the executive branch helps create the legal environment for human resource management?
The President of the United States, who also serves as head of state and commander-in-chief of the armed forces, is given control over the Executive Branch. The greatest good for the greatest number of people must be the end result of human resource practices.
The President picks the leaders of all government agencies, including the Cabinet, in order to carry out and enforce the laws passed by Congress. The Vice President is a member of the Executive Branch and is prepared to take over as President if necessary.The daily enforcement and implementation of federal legislation is the responsibility of the Cabinet and independent federal agencies. These divisions and organizations have objectives that are as dissimilar from one another as the Department of Defense's and the Environmental Protection Agency's, the Social Security Administration's and the Securities and Exchange Commission's, are.The greatest good for the greatest number of people must be the end result of human resource practices.
Learn more about to Human resource visit here : https://brainly.com/question/13190588
# SPJ4
countess corporation is expected to pay an annual dividend of $3.85 on its common stock in one year. the current stock price is $67.35 per share. the company announced that it will increase its dividend by 3.10 percent annually. what is the company's cost of equity?
The current share price is $67.35. The corporation declared a 3.10 percent yearly dividend increase. The company's cost of equity is =8.82%. (Approx).
A company is a legal entity that exists apart from its owners. Corporations have many of the same rights and obligations as persons under the law. They can enter into contracts, lend and borrow money, sue and be sued, hire people, possess assets, and pay taxes. A corporation is legally distinct from its owners. Corporations have many of the same legal rights and obligations as individuals.
A key feature of a corporation is limited liability, which means that its shareholders are not personally liable for the company's debts. A company can be formed by an individual or by a group of people who share a same aim. This may not always imply making a profit.
Learn more about company's cost here
https://brainly.com/question/28231447
#SPJ4
which evidence-based forecasting methods are useful in turning market research results into sales forecasts? select one: a. chain ration analysis, swag analysis, analogy b. swag ratio, analogy, judgment c. observation, survey, long interview d. analogy, chain ratio analysis, judgment
Chain ration analysis, swag analysis, analogy evidence-based forecasting methods are useful in turning market research results into sales forecasts. Using historical data as inputs, forecasting is a process that produces accurate predictions of the future course of trends.
Businesses use forecasting to decide how to spend their budgets and make plans for the upcoming expenses. The term "business forecasting" describes the instruments and research employed to foresee changes in the business world, such as sales, expenses, and profits. The Business forecasting seeks to improve strategy by making more accurate predictions. By using forecasting, your business may actively shape its future.
To learn more about forecasting, click here.
https://brainly.com/question/28839529
#SPJ4
after adding three bundles to a quote, you notice that you can't tell which products go with which bundles. what package level setting do you change to show which products go together?
The quote line should display the bundle components. A list of selected product options and user-defined static text are displayed in the quote line's Package Product Description field.
It can be used by sales representatives to rapidly refer to the setup of a quoted bundle product. Configuring the product is the first step in the CPQ process. Before continuing with the sales process, it is imperative that you fill out the necessary information about the goods or services. Your product or service will be used to its full potential if it is tailored to the demands of your customers. Option for Related Product is connected but completely independent.
To learn more about product, click here.
https://brainly.com/question/22852400
#SPJ4
At which point in the accounting cycle should an accountant prepare a trial
balance?
A. Just before preparing financial statements
OB. At any point he or she chooses
OC. At the end of the cycle only
D. At the beginning of the cycle only
At the end of the cycle only in the accounting cycle should an accountant prepare a trial balance. The correct option is C.
Why do accountants prepare a trial balance?A trial balance's purpose is to ensure that all entries made to an organization's general ledger are properly balanced. Each general ledger account's ending balance is listed in a trial balance. Each accounting entry's total dollar amount of debits and credits is supposed to match.
The trial balance is created after all transactions in the ledger accounts have been recorded. All ledger account balances to the credit and debit sides are recorded in the trial balance. It is typically prepared at the end of the fiscal year, prior to the preparation of final accounts.
Thus, the ideal selection is option C.
Learn more about a trial balance here:
https://brainly.com/question/15059786
#SPJ1
