User Account

All Pages

Determine the total budgeted sales for february

Assignment Help Accounting Basics
Reference no: EM133170441

Question - Partial sales budget information for Charlie's Cracker Company follows:

January

February

March

Total

Cash sales

$30,000

A

B

C

Sales on account

90,000

D

E

F

Total budgeted sales

120,000

G

H

I

The ratio of sales to sales on account will remain stable throughout the quarter. Due to a recently implemented advertising campaign, Charlie's expects a 20% growth rate in sales each month.

Required - Determine the total budgeted sales for February (Item "G" above)?

a. $180,000

b. $144,000

c. $98,000

d. $28,000

Reference no: EM133170441

Questions Cloud

Evolving roles in clinical documentation improvement : Evaluate the main discussion points in this article and make a recommendation on the need for CDI in healthcare. You should have a least two paragraphs, elabora
What is lucinda''s opportunity cost : The first person offered $35, and another later offered $70. What is Lucinda's opportunity cost of keeping the raffle ticket
Does politics play in emergency management : What role, if any, does politics play in emergency management?
Important economic transformation : China has experienced the largest mass migration of people from the countryside to the city in world's history. An estimated 277 million Chinese (1/3 of China's
Determine the total budgeted sales for february : Due to a recently implemented advertising campaign, Charlie's expects a 20% growth rate in sales each month. Determine the total budgeted sales for February
Explain an idea for a database : Explain an idea for a database - organize your album collection; organize your recipes; organize your movie collection; organize your books; organize club or or
National leadership to support local hospitals : You are a part of a hospital's executive leadership team-outline a plan for staffing your hospital as the COVID-19 pandemic has reduced staff numbers by 20%.
Calculate the increase in the fund for the fourth year : Equal deposits are made into a sinking fund at the end of each year for five years. Interest is 8.3% compounded annually, Calculate the increase in the fund
What is a learning organization : 1. What is a learning organization? 2. How can you teach employees to become exemplary followers?

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd