This topic contains a solution. Click here to go to the answer

Author Question: MDX Sales Corp is expecting a 10 increase in sales next year. MDX has an inventory balance of ... (Read 33 times)

leo leo

  • Hero Member
  • *****
  • Posts: 566
MDX Sales Corp is expecting a 10 increase in sales next year. MDX has an inventory balance of
  1,000,000 and uses the percent of sales forecasting method.
 
  Which of the following could explain
  why the inventory forecast of 1,100,000 might be too high?
  A) The growth in sales could be as high as 15.
  B) The company is going to change its depreciation method in the coming year.
  C) A fixed amount of inventory is required to do business, so inventory doesn't increase
  proportionally with sales.
  D) The current inventory balance of 1,000,000 is lower than usual because of a one-time end of
  year fire sale.

Question 2

Which of the following is NOT a motive for a corporation to hold cash balances?
 
  A) precautionary B) transactions C) speculative D) float


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

isabelt_18

  • Sr. Member
  • ****
  • Posts: 342
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 64% of students answer this correctly




leo leo

  • Member
  • Posts: 566
Reply 2 on: Jul 10, 2018
YES! Correct, THANKS for helping me on my review


smrtceo

  • Member
  • Posts: 344
Reply 3 on: Yesterday
Great answer, keep it coming :)

 

Did you know?

In 1886, William Bates reported on the discovery of a substance produced by the adrenal gland that turned out to be epinephrine (adrenaline). In 1904, this drug was first artificially synthesized by Friedrich Stolz.

Did you know?

More than 2,500 barbiturates have been synthesized. At the height of their popularity, about 50 were marketed for human use.

Did you know?

In the United States, an estimated 50 million unnecessary antibiotics are prescribed for viral respiratory infections.

Did you know?

Looking at the sun may not only cause headache and distort your vision temporarily, but it can also cause permanent eye damage. Any exposure to sunlight adds to the cumulative effects of ultraviolet (UV) radiation on your eyes. UV exposure has been linked to eye disorders such as macular degeneration, solar retinitis, and corneal dystrophies.

Did you know?

Adults are resistant to the bacterium that causes Botulism. These bacteria thrive in honey – therefore, honey should never be given to infants since their immune systems are not yet resistant.

For a complete list of videos, visit our video library