Upper-level operational managers have traditionally taken the lead in encouraging health and safety in their organizations.
Answer the following statement true (T) or false (F)
False
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________ are certificates that entitle the bearer to a stated saving on the purchase of a specific product
A) Samples B) Coupons C) Rebates D) Price packs E) Premiums
One of the problems with using a variety of channels (multiple-channel system) is loss of control over some part of the system
Indicate whether the statement is true or false
What is (are) the major reason(s) more research is not used in public relations program planning, monitoring, and evaluation?
A. Lack of funds D. Both A and C B. Lack of research skills E. Both B and C C. Lack of management pressure
Capes Corporation is a wholesaler of industrial goods. Data regarding the store's operations follow:Sales are budgeted at $410,000 for November, $420,000 for December, and $400,000 for January.
Collections are expected to be 65% in the month of sale and 35% in the month following the sale. The cost of goods sold is 60% of sales. The company desires an ending merchandise inventory equal to 45% of the cost of goods sold in the following month. Payment for merchandise is made in the month following the purchase. The November beginning balance in the accounts receivable account is $76,000. The November beginning balance in the accounts payable account is $263,000. Required:a. Prepare a Schedule of Expected Cash Collections for November and December.b. Prepare a Merchandise Purchases Budget for November and December. ?NovemberDecemberSales??Schedule of Expected Cash Collections?? Accounts Receivable?? November Sales?? December sales??Total cash collections$342,500?$416,500?Merchandise Purchases BudgetNovemberDecemberCost of goods sold?????Total needs498,000?360,000????Required purchases$387,300?$246,600? What will be an ideal response?