On the projected Balance Sheet, select what is included in the Inventory account Final inventory of each raw material Final inventory of finished product Purchased quantity of finished product and raw materials Sold quantity of the finished product The computer equipment that is stored

All are necessary information to make the raw material cost budget except for: Cost of materials Final inventory of materials raw material produced production hours

A company that in the current year closed with an Operating Profit Margin of 45% and for the next year estimates that its margin will change to 53%. Most likely: You are reducing your price and your quantity sold You are reducing your sales and increasing your sales costs Be increasing your sales and reducing your sales costs It is becoming less profitable

The cash flow projection is important because it allows us to identify the company's profits and the impact of cash on the Income Statement TRUE FALSE

A company obtains its ROA and ROE You realize that in your projection for next year your ROA stayed the same, but your ROE fell and the company's Assets did not change This is because Capital was received from shareholders or profits from the previous year were recorded Net profit decreased Liabilities grew Dividends were paid

For a company that sells backpacks, its sales plan for the next year is 500 backpacks each month. The sales price per backpack will be $350, current price is $300. Additionally, you know that your cost per backpack will be $200. What will be your annual sales budget in pesos?

Next year it is planned to produce 188 jackets and 397 pants. Each jacket requires 1.4 hours of labor and each pair of pants requires 0.8 hours.

Calculate the total labor budget if each hour costs $32 (include a decimal in your answer) What will be the required production of backpacks for next year with the following information? Backpacks to be sold = 10,000 Initial inventory of backpacks =200 Final inventory of backpacks = 350