User Account

All Pages

What is the inventory forecast for next year

Assignment Help Accounting Basics
Reference no: EM133190185

Question - CPS Corporation's CFO uses this equation, which was developed by regressing inventories on sales over the past 5 years, to forecast inventory requirements: Inventories = $23.0 + 0.125(Sales). The company expects sales of $400 million during the current year, and it expects sales to grow by 25% next year. What is the inventory forecast for next year?

Reference no: EM133190185

Questions Cloud

Administrator within a healthcare organization : You were recently hired as an administrator within a healthcare organization that have been suffering from:
Replacement applications for existing technologies : 1. How would you differentiate an invention from an innovation as it applies to science and technology? Provide two examples of each type & explain your thought
Meeting a sustainable development goal : You hire Raja to work in the retail portion of your business. After a few months, Raja shows up to work on crutches with his leg in a cast. Concerned that Raja
Difference and relationship between personality and attitude : Difference and relationship between personality and attitude, Why are both important, Which do you feel is more important to solving business problems
What is the inventory forecast for next year : The company expects sales of $400 million during the current year, and it expects sales to grow by 25% next year. What is the inventory forecast for next year
Generating novel cross computable measures : Should the company continue supporting disease-specific validated measures that were familiar to clinicians but were often regarded as burdensome and inefficien
Calculate the employment insurance premium on her next pay : To date this year, Michelle has paid $937.99 in Employment Insurance premiums. Calculate the Employment Insurance premium on her next pay
Have you ever done volunteer work : Have you ever done volunteer work, how has this helped you to learn about diversity, What is the common theme between Bowman exercise and the Minor article
Identify key community values and organisational philosophy : Identify key community values and organisational philosophy (200 words) It is vital to identify the key community and organisational values prior to the develop

Reviews

Write a Review

Accounting Basics Questions & Answers

  Determine the selling price of the bonds

Katarina Witt, Inc. manufactures skating equipment. As the controller of the company, determine the selling price of the bonds

  Determine the cost of debt and equity for genesis energy

Determine the cost of debt and equity for Genesis Energy and its weighted average cost of capital. Identify sources of long-term financing for Genesis Energy

  Applying overhead to production

In a labor intensive company in which more overhead is used by the more highly skilled and paid employees, which activity base would be most appropriate for applying overhead to production?

  Calculate lower-of-cost-or-net realizable value

Calculate lower-of-cost-or-net realizable value of Gianni's inventory at December 31, 2020, applying the rule to the inventory classifications

  Record the purchase of the trucks on January

ACC102 - Fundamentals of Accounting Assignment - Record the purchase of the trucks on 1 January 2017. Record the depreciation expense on the trucks for 2022

  Hour for part-time employees

The Judge's Best uses a specialty brand of Yirgacheffe1coffee beans costing $6.60 per pound.  Each pound of coffee beans produces 256 ounces of coffee.  Coffee is sold in three sizes: a small cup holding 8 ounces, a medium cup holding 10 ounces, a..

  Comment on the implications of this statement

"The IFRS standards are considered to be more principles based than the U.S. rules-based GAAP." Comment on the implications of this statement

  Prepare a journalize vopat admission to firm of vopat

Prepare a Journalize vopat admission to firm of vopat and sigma?It is agreed that the allowance for doubtful accounts should be $2400 for the partnership.

  Discuss the short term credit risk of the company

discuss the short term credit risk of the company

  Compute the ending finished goods inventory

Its cost of goods manufactured was $75,000; its gross margin was $80,000; and its sales were $140,000. The ending finished goods inventory was

  Cash coverage of growth ratio

MBA 6315 - Cash Flow Analysis Cash Coverage of Growth Ratio and the Free Cash Flows in the columns to the right of each scenario

  What would be the projected loan payments

If your company would borrow $10,000,000 in a loan to purchase a machine, What would be the projected loan payments

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