Responsibility to forecast the sales

Assignment Help Financial Accounting
Reference no: EM13776617

Fiat has introduced a new car in the United States called the 500. Assume that your boss has the responsibility to forecast the sales of the 500 in the United States for the year 2012. He believes that Fiat will sell 85,000 of the 500s for 2012. Support or attack this forecast.

Reference no: EM13776617

Questions Cloud

Accounting for voluntary health and welfare organizations : Discuss the accounting for voluntary health and welfare organizations. What are the objectives of accounting for these organizations? Provide several examples of voluntary health and welfare organizations
Custody of the department of corrections : The inmate, although on probation or parole, is still under the care, control, and custody of the department of corrections. One of the stipulations of his or her parole may be to refrain from interaction or contact with any other person who is a ..
Throughput or variable costing memorandum : Search the Internet for at least one example of an actual organization that uses throughput or variable costing. Prepare a memorandum to your instructor that describes: The organization its name, industry, size, profitability, strategy, and so on. Th..
What the leader states is then passed : This is characterized by 1 leader who acts like a dictator and makes every decision. What the leader states is then passed as the directives to subordinates who will carry out these directives under very close supervision
Responsibility to forecast the sales : Fiat has introduced a new car in the United States called the 500. Assume that your boss has the responsibility to forecast the sales of the 500 in the United States for the year 2012. He believes that Fiat will sell 85,000 of the 500s for 2012. Supp..
What is the causes of arnolds identity crisis : What is the cause(s) of Arnold's identity crisis?  How is the identity crisis resolved? (What did Arnold do to overcome these conflicts?) What important life lesson does Arnold learn by overcoming his conflicts?
Zener regulator concept issues : Watch video entitled "Module 3 - Zener Regulator Circuit in MultiSIM"
Why random access file instead of a sequential access file : Write a 200- to 300-word response to the following question: In which situations would you choose to use a direct access or random access file instead of a sequential access file? Give a specific example and explain your reasoning.
Equity cost of capital : When measuring the cost of capital, many companies measure the cost of the common stock in the company. However, does common stock have a cost when there is no obligation to pay the stockholders except upon liquidation of the company?

Reviews

Write a Review

Financial Accounting Questions & Answers

  How preparers and users of financial statements

Select a global challenge facing international financial reporting and explain how preparers and users of financial statements and capital market regulators have a stake in the outcome.

  Show entries in general journal form

The budget was recorded. It is given for Estimated Revenues for the year in the amount of $325,000, and for Appropriations in the amount of $325,000. A temporary loan of $325,000 was gets from the General Fund.

  Record merchandising operation''s activities

Making the journal entries to record merchandising operation's activities create the journal entries necessary to record the following eight transactions.

  Write journal entry to show the effects of signing note

Write the journal entry to show the effects of (a) signing the note and the receipt of the cash proceeds on Aug 1, 2009. (b) Recording the interest expense for the month of September. (c) Repaying the note on December 31, 2009.

  Using the cost model evaluate the amount

Using the cost model, at what amount could the land be reported in the statement of financial position of Jeng Ting Ltd for each reporting date? Describe your answers.

  Question nbspthe village of harris issued 5000000 in 6

question nbspthe village of harris issued 5000000 in 6 percent general obligation tax supported bonds on july 1 2011 at

  Find the purchase prices of these materials

Factory X produces a single product which is made from 10 kg of Material A as well as 5 kg of Material B. These quantities allow for waste The purchase prices of these materials

  Analysis the financial statements of business

Analysis the financial statements of business. Prepare journal entries and post then in ledger, prepare trial balance, trading p/l a/c and balance sheet from information

  A chain-affiliated hotel with 313 rooms recorded rooms

a chain-affiliated hotel with 313 rooms recorded rooms revenue of 51140 per available room. what is the hotels average

  Prepare journal entries to record the previous transactions

Made final cash disbursements to the partners based on the assumption that all partners other than Savannah are personally solvent - Prepare journal entries to record these liquidation transactions

  The market share Brand K needs to break even

H.M.Alger has just become product manager for Brand K. Brand K is a consumer product with a retail price of $1.00. Retail margins on the product are 23%, while wholesalers have a 10% markup. Variable manufacturing costs for Brand K are $0.10 per unit..

  Calculation of estimated allowance for doubtful accounts

Calculation of Estimated Allowance for doubtful accounts with a change in Sales - What would you answers be for parts 1 and 2 if sales for the current period were $220,000

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd