Sander enterprises prepared the following sales budget: month: budgeted sales march: $8,000 april: $13,000 may: $12,000 june: $14,000 the expected gross profit rate is 40% and the inventory at the end of february was $10,000. desired inventory levels at the end of the month are 20% of the next month's cost of goods sold.
a. what is the desired beginning inventory on june 1st?
b. what is the desired ending inventory on may 31st?
c. what is the budgeted cost of goods sold for may?
d. what are the total purchases budgeted for april? e. what are the total purchases budgeted for may?

Your dormitory, griffingate, has appointed you central banker of its economy, which deals in the currency of wizcoins. assume that the velocity of wizcoins in griffingate is constant at 10,000 transactions per year. right now, real gdp is 1,000 wizcoins, and there are 2,000 wizcoins in existence.

When paul o’neill joined alcoa as ceo, he set a , that there would be zero workplace accidents. a lot of people in the organization thought this was impossible given how dangerous some aluminum-manufacturing jobs are, but alcoa’s safety record improved tremendously. as the board of governors of the american red cross considers planning, one option is to make strategic plans and then direct managers to align tactical and operational plans accordingly. another option is to have planning specialists managers across the organization make their own plans. why might this organization’s executives opt for the latter approach? check all that apply. (a) the environment is a dynamic one, and department and frontline managers can come up with more responsive plans than can central leadership. (b)resources will be better coordinated across the organization in support of the overall strategy.(c) senior leadership will have more control over the organization’s direction. (d)when managers come up with their own plans, they are likely to be more committed to following through on them.

According to management education expert ashok rao, companies can increase their profitability by through careful inventory management. a. 5% to 10% b. 10% to 25% c. 20% to 50% d. 75%