Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. finance
  3. assume that zybo, inc. has sales of $10 million an

Assume that Zybo, Inc. has sales of $10 million and inventory of $2 million. The...

50.1K

Verified Solution

Question

Finance

Assume that Zybo, Inc. has sales of $10 million and inventory of $2 million. The company uses the percent-of-sales method for long-term forecasting. If Zybo expects to generate sales of $14 million this next year, how much will it be?
the firm's investment in inventory?

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

Problem 10-3 A helical compression spring is wound using 2.5- mm -diameter music wire. The spring has an outside...

Mechanical Engineering
Q

Operating Room The hospital has to allocate a certain amount of operating room (OR) time to specific...

General Management
Q

The following picture shows a saprotroph feeds on detritus by external digestion This fungus like...

Biology
Q

For the circuit shown in the figure initially capacitor C is uncharged Switch S is...

Physics
Q

op 400 m s 2 600 m s 3 60 m s 4 An ice...

Physics
Q

Question 3 What is the volume of the right cylinder pictured below 10 mm A...

Geometry
Q

The table below shows the number of individuals infected with a disease t days after...

Basic Math
Q

Given vector u 1 1 and v 4 2 find a linear combination of the...

Algebra
Q

Should accounting include more than monetary units? additional insights into how companies are attempting...

Accounting
Q

The purchase price variance was $_____, the usuage (or efficiency) variance was $_____. The Flexible...

Accounting
Q

An 80-year-old taxpayer with eamed Income and no dependent children could qualify for the earned...

Accounting
Q

Marginal and average tax rates Using the tax rate schedule given in Table 1.2, per-form...

Finance