Answer:
Sales for September= 55,000 units
Explanation:
Giving the following information:
July August September Sales in units 40,000 52,000 ?
Production in units:
July= 41,200
August= 52,300
September= 56,650.
10% of the next month's sales in units should be on hand at the end of each month.
Production August:
Sales August= 52,000
Ending inventory= ?
Beginning inventory= (52,000*0.10)= 5,200 (-)
Total= 52,300
Ending inventory= 52,300 - 52,000 + 5,200
Ending inventory= 5,500 units
Sales for September= 5,500/0.10= 55,000 units
Answer: Chad took an illegal listing
Explanation:
From the question, we are informed that Seller Wanda told her broker Chad that she wants to clear $75,000.00 when she sells her home and that Chad took the listing and sold the home for $150,000 and gave Wanda her $75,000.00 and he kept the other $75,000.00.
In this scenario, Chad took an illegal listing. Wanda has the right to know the amount that the home was sold. All written offers should have been sent to Wanda for her to review.
Answer:
The principal amount to be to be invested=$46,613.95
Explanation:
The total amount that Lou needs to invest with Reel bank in order to have for new equipment in 7 years is known as the principal amount.
The formula for calculating total amount on investment compounded quarterly;
A=P(1+r/n)^nt
A = the future value of the investment, including the interest
P = the initial investment amount
r = the annual interest rate
n = the number of times that interest is compounded per unit t
t = the time the money is invested or borrowed for
For our case;
A=$70,000
P=p
r=6/100=0.06
n=compounded quarterly=4
t=7 years
replacing;
70,000=p(1+0.06/4)^(4×7)
70,000=p(1.015)^28
70,000=1.517 p
1.517 p=70,000
p=70,000/1.517
p=46,613.95
The principal amount to be to be invested=$46,613.95
Answer:
E. Rational decision making.
Explanation:
Rational decision making: It is a process of decision making that involve multi steps process of analysis, logic and knowledge of expert for decide on alternative. It does not favor insight or subjectivity in the process of decision making. Identifying a few possible courses of action is the first step involved in the rational decision-making process.
Steps that followed in rational decision making:
- Define the problem.
- Identify the decision criteria.
- Allocate weights to the criteria.
- Develop the alternatives.
- Evaluate the alternatives.
- Select the best alternative.
In the given case, during a meeting with Greg, Scott said "Our decision is limited by numerous constraints, such as our understanding of the complexity of technology, time and money, imperfect information, and our conflicting goals.", which are hindrance to Rational decision making.
