Leaverton's Forecast of Sales Is as Follows: July,$60,000; August,$90,000; September,$130,000

question 91

Multiple Choice

Leaverton's forecast of sales is as follows: July,$60,000; August,$90,000; September,$130,000.Sales are normally 80 percent cash and 20 percent credit in any month.Credit sales are collected in full in the following month.Merchandise cost averages 60 percent of sales price.The company desires an inventory as of September 30 of $52,000.The inventory as of June 30 was $25,000. Total purchases that must be made in order to meet sales and inventory requirements for the quarter amount to

• A) $195,000.
• B) $253,000.
• C) $141,000.
• D) $307,000.

Recognize the challenges and strategies related to managing organizational behaviors like cyberloafing.

Comprehend the relationship between strong organizational cultures and control without bureaucracy.

Grasp the importance of norms in guiding employees' behaviors in organizational culture.

Identify practices that promote an inclusive workplace and the impact of culture on inclusivity.

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Definitions:

Shame and Doubt

A stage in Erik Erikson's psychosocial development theory where toddlers learn to exert autonomy, facing challenges of doubt and shame.

Self-description

The process by which an individual explains or identifies their own attributes, characteristics, or experiences.

Socialization

The process by which individuals learn and internalize the values, beliefs, and norms of their society, shaping their personalities and social behaviors.

Erikson

Refers to Erik Erikson, a developmental psychologist known for his theory on the psychosocial development of humans, highlighting eight stages that span from infancy to adulthood.