Business, 11.10.2020 02:01 caggh345

Marketers use estimates all the time. These educated guesses help them with all sorts of decisions, including product planning, promotional planning, and budgeting. Since estimates are not facts, they are
sometimes adjusted to suit marketers' purposes. For example, data may suggest that the research phase of
development for a new product will cost anywhere from 10 to 15 million dollars. A marketer knows that his
company will not allot more than 10 million dollars and includes only the lower figure to get the project
approved. Since estimates aren't facts, he feels that it is OK to use the lower dollar figure.
1. What do you think of his actions?

Answers: 1

Show answers

Another question on Business

Business, 21.06.2019 14:40

Jansen company borrowed $12,000 on a 1-year, 5 percent note payable from the local bank on april 1. interest was paid quarterly, and the note was repaid one year from the time the money was borrowed. calculate the amount of cash payments jansen was required to make in each of the two calendar years that were affected by the note payable.

Answers: 2

Answer

Business, 21.06.2019 20:20

Miller mfg. is analyzing a proposed project. the company expects to sell 8,000 units, plus or minus 2 percent. the expected variable cost per unit is $11 and the expected fixed costs are $287,000. the fixed and variable cost estimates are considered accurate within a plus or minus 5 percent range. the depreciation expense is $68,000. the tax rate is 32 percent. the sales price is estimated at $64 a unit, plus or minus 3 percent. what is the earnings before interest and taxes under the base case scenario?

Answers: 1

Answer

Business, 22.06.2019 10:10

conquest, inc. produces a special kind of light-weight, recreational vehicle that has a unique design. it allows the company to follow a cost-plus pricing strategy. it has $9,000,000 of average assets, and the desired profit is a 10% return on assets. assume all products produced are sold. additional data are as follows: sales volume 1000 units per year; variable costs $1000 per unit; fixed costs $4,000,000 per year; using the cost-plus pricing approach, what should be the sales price per unit?

Answers: 2

Answer

Business, 22.06.2019 11:10

Yowell company granted a sales discount of $360 to a customer when it collected the amount due on account. yowell uses the perpetual inventory system. which of the following answers reflects the effects on the financial statements of only the discount? assets = liab. + equity rev. − exp. = net inc. cash flow a. (360 ) = na + (360 ) (360 ) − na = (360 ) (360 ) oa b. na = (360 ) + 360 360 − na = 360 na c. (360 ) = na + (360 ) (360 ) − na = (360 ) na d. na = (360 ) + 360 360 − na = 360 na

Answers: 1

Answer

You know the right answer?

Marketers use estimates all the time. These educated guesses help them with all sorts of decisions,...

Questions