Question 21 Not yet The marketing department of Jamal Corporation has submitted the following sales forecast for the upcoming fiscal year answered Marked out of 1.00 1st Quarter 2nd Quarter 3rd Quarter 4th Quarter Budgeted unit sales 11,000 12,000 14,000 13,000 P Flag question The selling price of the company's product is $18.00 per unit. The company expects to start the first quarter with 1,650 units in finished goods inventory Management desires an ending finished goods inventory in each quarter equal to 15% of the next quarter's budgeted sales. The desired ending finished goods inventory for the fourth quarter is 1,850 units. What is the budgeted production for the 2nd Quarter? 13,850 units 12.900 units 12.300 units 11,150 units cuvate WHERE Question 22 Answer saved The ratio that measures the number of times inventory was sold on the average during the period is Asset Turnover Marked out of 1.00 Flag question Payables Turnover Inventory Turnover Receivables Turnover Asset Turnover Question 23 Not yet A high P/E ratio means that answered Marked out of 1.00 reflects the market's expectations of slow growth and a share value based on current eamings the company has enough profits to meet its interest payments shareholders have high expectations for future growth and development the company has enough profits to pay dividend Flag question Question 24 . A report on wastage of materials would be suitable for Not yet answered Marked out of 1.00 Production Manager Managing Director General Manager Sales Manager Flag