The most useful breakdown of data in a sales analysis is by
A. geographic region.
B. customer type.
C. size of order.
D. product, package size, grade, or color.
E. Any or all of these may be useful-depending on the situation.
Answer: E
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October November December Budgeted S&A Expenses Salary expenses10,000 10,500 11,000 Sales commissions, 5% of sales5,000 5,500 5,300 Insurance expenses2,000 2,000 2,000 Rent2,400 2,400 2,400 Depreciation on equipment1,500 1,500 1,500 Utilities1,100 1,300 1,500 Total operating expenses22,000 23,200 23,700 Schedule of Cash Payments for S&A Expenses Salary Expenses? 10,500 ? 100% of prior month sales commissions5,100 ? ? Insurance Expense2,000 2,000 2,000 Rent? ? 2,400 100% of Prior months utilities expenses1,200 ? ? Total payments foe S&A expenses? ? ? What is the total amount of S&A expenses for the fourth quarter that the company will report on its pro forma income statement?
A. $64,400 B. $23,700 C. $63,900 D. $68,900
On January 1, Year 1 a company borrowed $70,000 cash by signing a 9% installment note that is to be repaid with 4 annual year-end payments of $21,607, the first of which is due on December 31, Year 1.(a) Prepare the company's journal entry to record the note's issuance.(b) Prepare the journal entries to record the first and second installment payments.
What will be an ideal response?
In the ______ of integrating international activity, each subsidiary reports to more than one group (product, geographic, or functional) for the purpose of integrating international operations with functional areas, product areas, or both.
A. functional division B. international division C. geographic division D. matrix structure
An essential aspect of the marketing concept is ensuring that the firm has adequate production capabilities to satisfy future demand.
Answer the following statement true (T) or false (F)