How many units would the company plan to produce in august

Assignment Help Accounting Basics
Reference no: EM131784797

Question - Smith, Inc. anticipates sales of 50,000 units, 48,000 units and 51,000 units in July, August and September, respectively. Company policy is to maintain an ending finished-goods inventory to 40% of the following month's sales. On the basis of this information, how many units would the company plan to produce in August?

a. 46,800

b. 49,200

c. 49,800

d. 52,200

e. Some other amount

Reference no: EM131784797

Questions Cloud

Assemble bundled pricing program for the amenities : You are to assemble a bundled pricing program for the amenities of the hotel.
What is nominal return that you require from an investment : If inflation rate in the next year is 3% and if you want the real return of 8%, what is the nominal return that you require from an investment?
Tyco for trying to evade sales taxes on his art purchases : What do you think Kozlowski’s motivation was in regards to Tyco for trying to evade sales taxes on his art purchases? Explain
Path that touches every vertex exactly once : Question: Does G contain a directed path that touches every vertex exactly once?
How many units would the company plan to produce in august : On the basis of this information, how many units would the company plan to produce in August
What is companys yield to maturity : A company has 7 percent coupon bonds on the market with 9 years left to maturity. What is its yield to maturity? What if the current price is only $980.30?
Discuss cruise lines purchased a five-year insurance policy : Demaet Cruise Lines purchased a five-year insurance policy for its ships on April 1, 2013
Write a cover letter to a prospective employer : Write a cover letter to a prospective employer. The letter, which should accompany your resume, should summarize why you are interested in the job.
Explain the return type of string : Prior to Java 1.5, if you needed a list of Strings, there were at least two approaches you could take. The first approach was to create an object.

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.

  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!

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