On january 1, 2013, celtic surf, inc. has beginning inventory of 2,000 surfboards. celtic estimates it will sell 5,000 units during the first quarter of 2013 with a 14% increase in sales each quarter. celtic's policy is to maintain an ending inventory equal to 20% of the next quarter's sales. each surfboard costs $90 and is sold for $140. how much is budgeted purchases in units for quarter 2 in 2013?

Which of the following is an example of formal management controls? answers: a firm's culturethe willingness of employees to monitor each otherbudgeting and reporting activitiesmanagerial motivation

Match the given situations to the type of risks that a business may face while taking credit.(there's not just one answer)1. beta ltd. had taken a loan from a bankfor a period of 15 years, but its salesare gradually showing a decline.2. alpha ltd. has taken a loan for increasing its production and sales,but it has not conducted any researchbefore making this decision.3. delphi ltd. has an overseas client. the economy of the client’s country is going through severe recession.4. delphi ltd. has taken a short-term loanfrom the bank, but its supply chain logistics are not in place.a. foreign exchange riskb. operational riskc. term of loan riskd. revenue projections risk

Post test question number 9 for entering the job market