Victoria corporation manufactures quality vases. budgeted sales and production data for the vases are as follows:

month 1 budgeted unit sales 2,000
month 2 budgeted unit sales 2,500
month 3 budgeted unit sales 3,200
month 1 budgeted unit production 2,400
month 2 budgeted unit production 2,700
month 3 budgeted unit production 3,400
raw material required for each finished unit (in pounds) 1
the ending inventory for each month should be equal to 20% of the next month's production needs. each vase requires one pound of clay in its manufacture. victoria corporation has a policy that the inventory of clay at the end of each month needs to be equal to 20% of the production needs for the following month. at the beginning of january, 480 pounds of clay were in inventory. how many pounds of clay would victoria corporation need to purchase in february (month 2)?

a. 2940

b. 2840

c. 2660

d. 3620

both are integral parts of a corporate balance sheet. the cash flow statement, or statement of cash flows, measures the sources of a company's cash and its uses of cash over a specific time period. the income statement measures a company's financial performance, such as revenues, expenses, profits or losses over a specific time period (in fact, it's sometimes called a statement of financial performance).

a cash flow statement shows exactly how much money a company has received and how much it has spent, traditionally over a period of one month. it captures the current operating results and changes on the balance sheet, such as increases or decreases in accounts receivable or accounts payable, and does not include noncash accounting items such as depreciation and amortization. the cash flow generally comes from revenue received as a result of business activity, but it may be augmented by funds available as a result of credit. a cash flow statement is used to determine the short-term viability and liquidity of a company, specifically how well it is positioned to pay its bills and vendors.

answer: 11/12

step-by-step explanation: 4 1/4 and 3 1/3 is equivalent to 4 3/12 and 3 4/12. 4 3/12 - 3 4/12 =11/12

1   all nations face the problem of scarcity because there are limited resources and unlimited wants. nations do not have enough factors of production to produce everything that their population wants. entrepreneurial resources initiate businesses to make new goods and services; labor resources produce goods and services.

2 there are four factors of production: natural resources, labor resources, capital resources, and entrepreneurial resources. natural resources are raw materials from nature that are used to produce goods. trees, water, and grains are natural resources. some natural resources, such as wheat and cattle, are renewable

3 wants

things that you do not need to have in order to survive, but would like to have

needs

things that you must have in order to survive

goods

physical products

services

tasks that a business perform for customers

resources

items that people can use to make or obtain what they need or want

determine

to settle or decide by choice of alternatives or possiblities

4 i really dont know