How many units must be ordered in november

Assignment Help Finance Basics
Reference no: EM13302930

In preparing a budget for the last three months of the current year, Urban Company is planning the units of merchandise it must order each month. The company's policy is to have 15% of the next month's sales in its inventory at the end of each month. Projected sales for October, November, and December are 27,000 units, 29,500 units, and 32,500 units, respectively. How many units must be ordered in November?

Reference no: EM13302930

Questions Cloud

Create mind map about electronic health record : Create a mind map for the storage, input/output (I/O), network and other hardware associated with EHR systems
Calculate the percentage lost by the window : A wall in a house contains a single window. The window consists of a single pane of glass whose area is 0.11 m2 and whose thickness is 3 mm. what is the percentage lost by the window
What are the reasons that caused a decline in the shares : What are the reasons that caused a decline in the shares of depository institutions and increased in the shares of investment companies?
Estimate the peak flood tidal flow velocity at the location : As a tide enters a river and propagates upstream, the water depth at a given location is 3.7m . At this location the tide range is 1m . If the dominant tidal compeonent has a period of 12.4 hours, estimate the peak flood tidal flow velocity at thi..
How many units must be ordered in november : Projected sales for October, November, and December are 27,000 units, 29,500 units, and 32,500 units, respectively. How many units must be ordered in November?
What is the temperature of the hot junction : A copper-constantan thermocouple generates a voltage of 4.75 x 10-3 volts when the temperature of the hot junction is 110 °C, what is the temperature in degrees Celsius of the hot junction
Calculate touring enterprises weighted average cost : Calculate Touring Enterprises' weighted average cost of capital (WACC). Work as follows: first, compute the after-tax cost of debt, then compute the cost of equity. Cite both formulas, and show all your work.
Calculate the surface area of the clay particles : The surface area of clay particles can be determined by measuring the number of adsorbate molecules it takes to form a monolayer. The adsorbate molecules used for these measurements are usually N2 gas, therefore partial pressure "P" is used instea..
Compute the oxygen concentration at the interior end of tube : Insects do not have lungs as we do, nor do they breathe through their mouths. Instead, they have a system of tiny tubes, called tracheae, find the oxygen concentration at the interior end of the tube

Reviews

Write a Review

Finance Basics Questions & Answers

  Use the hamada equation to find harley unlevered beta

Harley Motors has $14 million in assets, which were financed with $7 million of debt and $7 million in equity. Harley's beta is currently 0.75 and its tax rate is 35%. Use the Hamada equation to find Harley's unlevered beta, bU. Round your answer ..

  Find the degree of financial leverage

Gina Dare, who wishes to be a millionaire, plans to retire at the end of forty years. Gina's plan is to invest her money by depositing into an IRA at the end of every year.

  What are some differences in the analysis for a replacement

What are some differences in the analysis for a replacement project versus that for a new expansion project ? (Briefly)

  Compute the incremental net income

The Best Manufacturing Corporation is planning a new investment. Financial projections for the investment are tabulated below. Cash flows are in $ thousands, and the corporate tax rate is 34%.

  Calculated fair value premium over market

Should Acme make a deal if its policy is to never exceed a 20% premium in any tender offer? To defend your position, you must prepare and present an Excel template that includes the calculated fair value premium over market.

  Two mutually exclusive plans for extracting oil on property

The Ewert Exploration Company is considering two mutually exclusive plans for extracting oil on property for which it has mineral rights. Both plans call for the expenditure of $10.5 millionto drill development wells. Under Plan A, all the oil will b..

  Discuss definition of ocf

If you supply 117,000 cartons per year, you can afford as much as $ in fixed costs and still break even. (Do not include the dollar sign ($). Round your answer to 2 decimal places. (e.g., 32.16)) Hint: It's more than $187,200.

  What does the historical record of interest rates

What does the historical record of interest rates and inflation in the United States look like? Explain in details with references to text book.

  What must the coupon rate be on merton bonds

What must the coupon rate be on Merton's bonds? (Do not include the percent sign (%). Enter rounded answer as directed, but do not use the rounded numbers in intermediate calculations. Round your answer to 2 decimal places (e.g., 32.16). )

  Find out the standard deviation of returns over this iod

Find out the variance of returns over this each iod. Find out the standard deviation of returns over this each iod.

  Why is moores law important for managers

Why is Moore's Law important for managers? How does it influence managerial thinking?

  Market risk premium under capm

Analysts give Proctor & Gamble, the consumer products firm, an equity beta of 0.65. The risk-free rate is 4.0 percent. What market risk premium is she assuming?

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!

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