Which of the following is the correct sequence of events in the percentage of sales method?
A) Find assets as a percentage of sales and multiply change in sales.Find liabilities as a percentage of sales and multiply change in sales,Multiply forecasted sales by the historic profit margin Find percentage of profit owner takes out of the business.
B) Multiply forecasted sales by the historic profit margin Find assets as a percentage of sales and multiply change in sales.Find liabilities as a percentage of sales and multiply change in sales.Find percentage of profit owner takes out of the business.
C) Find percentage of profit owner takes out of the business.Find assets as a percentage of sales and multiply change in sales.Find liabilities as a percentage of sales and multiply change in sales,Multiply forecasted sales by the historic profit margin.
D) Find percentage of profit owner takes out of the business.Find assets as a percentage of sales and multiply change in sales.Multiply forecasted sales by the historic profit margin.Find liabilities as a percentage of sales and multiply change in sales.
Correct Answer:
Verified
Q3: Which of the following is the correct
Q5: Once we have a forecasting model,the specific
Q6: The absolute value of any number is
A)negative.
B)zero.
C)positive.
D)positive
Q7: XYZ Company has assets that are traditionally
Q9: The forecasting model that is not a
Q10: The forecasting model that assumes previous time
Q11: The forecasting model that uses a panel
Q12: Which of the following is not one
Q13: Which of the following is a cash
Q56: The formula for a regression line is
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents