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 112 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
Excellent

at

  • Member
  • Posts: 359
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

Atropine was named after the Greek goddess Atropos, the oldest and ugliest of the three sisters known as the Fates, who controlled the destiny of men.

Did you know?

The word drug comes from the Dutch word droog (meaning "dry"). For centuries, most drugs came from dried plants, hence the name.

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?

HIV testing reach is still limited. An estimated 40% of people with HIV (more than 14 million) remain undiagnosed and do not know their infection status.

Did you know?

The B-complex vitamins and vitamin C are not stored in the body and must be replaced each day.

Acid-base balance and imbalance. Acid-base balance and imbalance.
On May 15, 1916, after deliberating for one hour, an all-white jury in Waco, Texas, found seventeen- On May 15, 1916, after deliberating for one hour, an all-white jury in Waco, Texas, found seventeen-
Enterohepatic recirculation of a drug can increase its half-life in the body and prolong its ... Enterohepatic recirculation of a drug can increase its half-life in the body and prolong its ...
The Concept of Water Balance The Concept of Water Balance
Balance the given redox reduction equation in basic solution using the half reaction method Balance the given redox reduction equation in basic solution using the half reaction method
Analysts expect Virtucon to make payouts of $8.7643B at the end of this year. Assume that all ... Analysts expect Virtucon to make payouts of $8.7643B at the end of this year. Assume that all ...
Video: Chemical Equilibrium between N2O4 (colorless gas) and NO2 (brown gas)

For a complete list of videos, visit our video library