This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: MDX Sales Corp is expecting a 10 increase in sales next year. MDX has an inventory balance of ... (Read 89 times)

leo leo

  • Hero Member
  • *****
  • Posts: 566
on: Jul 10, 2018
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
Foundations of Finance ¦ Keown, Petty, Martin ¦ 9th Edition
Buy Test-Bank


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
Reply #1 on: Jul 10, 2018
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
Great answer, keep it coming :)

triiciiaa

  • Member
  • Posts: 349
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

The first oncogene was discovered in 1970 and was termed SRC (pronounced "SARK").

Did you know?

Thyroid conditions cause a higher risk of fibromyalgia and chronic fatigue syndrome.

Did you know?

Asthma attacks and symptoms usually get started by specific triggers (such as viruses, allergies, gases, and air particles). You should talk to your doctor about these triggers and find ways to avoid or get rid of them.

Did you know?

Warfarin was developed as a consequence of the study of a strange bleeding disorder that suddenly occurred in cattle on the northern prairies of the United States in the early 1900s.

Did you know?

There are over 65,000 known species of protozoa. About 10,000 species are parasitic.

Reindeer antlers grow again each year under a layer of fur called velvet. This reindeer is losing th Reindeer antlers grow again each year under a layer of fur called velvet. This reindeer is losing th
(A) A 62-year-old patient with myxedema exhibiting marked edema of the face and a somnolent look. Th (A) A 62-year-old patient with myxedema exhibiting marked edema of the face and a somnolent look. Th
Why Different Constellations Are Visible at Different Times of the Year Why Different Constellations Are Visible at Different Times of the Year
Renal regulation of sodium and potassium balance Renal regulation of sodium and potassium balance
Acid–Base Balance Acid–Base Balance
Acid–Base Balance Acid–Base Balance
Video: Cognitive development by Piaget (Preoperational stage or intelligence)

For a complete list of videos, visit our video library