Assume That Gerber and Sons Has Sales of $83 Million

question 2

Multiple Choice

Assume that Gerber and Sons has sales of $83 million and fixed assets of $22.4 million in 2018.The corporation utilizes the percentage-of-sales method of financial forecasting.If Gerber is expected to generate sales of $94 million in 2019, what will the firm's investment in fixed assets be? The minimum fixed asset expansion costs $4,000,000.

• A)$19.8 million
• B)$26.4 million
• C)$16.2 million
• D)$25.4 million

Define clickables and their relevance in social media messages.

Identify the use and impact of gamification in digital applications and services.

Describe techniques for engaging readers, like withholding key information through teasers.

Differentiate between orientations and summaries in conveying information.

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Definitions:

Inelastic

Describes a situation where the quantity demanded or supplied changes by a smaller percentage than the percentage change in price.

Total Revenue

is the total amount of money received by a company from its sales of goods or services, before any expenses are subtracted.

Price Elasticity

A measure of how much the quantity demanded of a good responds to a change in its price, with high elasticity indicating sensitivity.

Appropriations

Funds that are set aside by a governing body, like a legislature, for a specific use or purpose as part of a budget or spending bill.