Reference no: EM133111622
Question - Digital Solutions Inc. uses flexible budgets that are based on the following data:
Sales commissions 15% of sales
Advertising expense 20% of sales
Miscellaneous administrative expense $6,000 per month plus 12% of sales
Office salaries expense $30,000 per month
Customer support expenses $12,000 per month plus 20% of sales
Research and development expense $31,000 per month
Required - Prepare a flexible selling and administrative expenses budget for October for sales volumes of $400,000, $500,000, and $600,000.
Determine the amount of dividends allocated
: The Long Island Ducks has stock outstanding as follows: 12,000 shares of cumulative preferred 2% stock. Determine the amount of dividends allocated
|
What are the influences of behavioral biases
: What are the influences of behavioral biases in financial decision making? Cite examples and elaborate. (10-15 sentences)
|
What is john stock a yield-return
: 1. Mandeep Kaur is currently 22 years old and wants to retire by the age of 50 and has set a target of 1,500,000 as the future value of cash in her bank accoun
|
What is the minimum stake of su
: VV Ventures is a VC firm that is considering an investment in Start-Up, Inc (SU). VV is projecting SU's annual sales to grow from the current level of $8,000,00
|
Prepare flexible selling and administrative expenses budget
: Prepare a flexible selling and administrative expenses budget for October for sales volumes of $400,000, $500,000, and $600,000
|
Advice on a potential stock purchase
: Wally wants your advice on a potential stock purchase. There is excess capital on the balance sheet - and he wants to put it to good use. He is excited because
|
What is the romi for potential event
: The organizers of the annual Osheaga Music Festival are seeking ways of increasing annual attendance at the Montreal-based festival. The 3-day late summer event
|
Complete the income statements and the cost of goods sold
: Complete the income statements and the cost of goods sold calculation under the FIFO, LIFO, and weighted average costing methods
|
Probability of an average economy
: Avery Company stock is expected to return 17.70% in a booming economy; 6.10% in an average economy, and minus 6.50% in a recession.
|