Apple Two Enterprises Expects to Generate Sales of $5,950,000 for Fiscal

question 42

Multiple Choice

Apple Two Enterprises expects to generate sales of $5,950,000 for fiscal 2014;sales were $3,450,000 in fiscal 2013.Assume the following figures for the fiscal year ending 2013: cash $70,000;accounts receivable $250,000;inventory $400,000;net fixed assets $520,000;accounts payable $235,000;and accruals $155,000.Use the percent-of-sales method to forecast accruals for the fiscal year ending 2014.

• A)$890,001
• B)$412,316
• C)$267,319
• D)$350,814

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Definitions:

Interactional Skills

Abilities that facilitate effective and positive communication and interaction with others, including listening, empathy, and negotiation.

Analytic Skills

The ability to assess complex information or problems in order to identify patterns, solutions, or insights.

Political Skills

The ability to understand and influence others in a political context, navigating complex social situations and organizational dynamics effectively.

Political Conflict

Disputes or confrontations that arise within or between political entities, often involving differences in opinions, policies, or governance.