Marjen Manufacturing Has Purchases Equal to 40% of Sales

question 11

Multiple Choice

Marjen Manufacturing has purchases equal to 40% of sales.They purchase one month prior to sales and pay one month after sales.Given the following sales forecast,calculate Marjen's payments for March.

• A)$40,000
• B)$60,000
• C)$80,000
• D)$100,000

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Definitions:

Small Businesses

Enterprises that operate on a smaller scale compared to larger corporations, often characterized by limited revenue, personnel, and operations.

Employ

To hire or use the services of individuals as workers in exchange for compensation.

Start-Up

A new venture that is trying to discover a profitable business model for future success.

New Venture

An entrepreneurial endeavor that entails the creation and establishment of a new business or enterprise.