Taft Technologies has the following relationships: Annual sales $1,200,000 Current liabilities $ 375,000 Days sales outstanding (DSO) (365-day year) 40 Inventory Turnover ratio 4.8 Current ratio 1.2 The companys current assets consist of cash, inventories, and accounts receivable. How much cash does Taft have on its balance sheet

Suppose an economist believes that the price level in the economy is directly related to the money supply, or the amount of money circulating in the economy. the economist proposes the following relationship: p=a x m - p=price level - m=money supply - a=a composite of other factors, including real gdp, that change very slowly over time. how might an economist gather empirical data to test the proposed relationship between money and the price level? an economist would persuade the federal reserve to change the money supply to various levels, and observe the resulting changes in the price level. unlike researchers in the hard sciences, economists cannot study complex relationships using data. economists do not usually develop theoretical models of the economy but only analyze summary statistics about the current state of the economy. an economist would look for data on past changes in the money supply, and note the resulting changes in the price level

Individual consumers belong to which step of choosing a target market? possible customers competition demographics communication

Salt corporation's contribution margin ratio is 78% and its fixed monthly expenses are $30,000. assume that the company's sales for may are expected to be $89,000. required: estimate the company's net operating income for may, assuming that the fixed monthly expenses do not change.