Interpret the coefficient of population. a.As the number of women over the age of 60 increases by 1 million, sales of StrongBones is predicted to increase by $8.47 million, holding income constant. b.As the number of women over the age of 60 increases by 1 million, sales of StrongBones is predicted to increase by $7.62 million. c.As the number of women over the age of 60 increases by 1 million, sales of StrongBones is predicted to increase by $7.62 million, holding income constant. d.As the number of women over the age of 60 increases by 1 million, sales of StrongBones is predicted to increase by $8.47 million.

Jordan, inc. sells fireworks. the company’s marketing director developed the following cost of goods sold budget for april, may, june, and july. april may june july budgeted cost of goods sold $62,000 $72,000 $82,000 $88,000 jordan had a beginning inventory balance of $3,000 on april 1 and a beginning balance in accounts payable of $14,600. the company desires to maintain an ending inventory balance equal to 15 percent of the next period’s cost of goods sold. jordan makes all purchases on account. the company pays 65 percent of accounts payable in the month of purchase and the remaining 35 percent in the month following purchase. required prepare an inventory purchases budget for april, may, and june. determine the amount of ending inventory jordan will report on the end-of-quarter pro forma balance sheet. prepare a schedule of cash payments for inventory for april, may, and june. determine the balance in accounts payable jordan will report on the end-of-quarter pro forma balance sheet.

Asmartphone manufacturing company uses social media to achieve different business objectives. match each social media activity of the company to the objective it the company achieve.

Which of the following statements about cash basis accounting is true? a. it is more complicated than accrual basis accounting. b. the irs allows all types of corporations to use it. c. it follows gaap standards. d. it ensures the company always knows how much cash flow it has.