"the sales forecast is the cornerstone for budgeting." why? a. the sales forecast is based on demand, and without demand for the product there would be no sales. b. because production and inventory levels generally depend on the forecasted level of sales. c. the cost of goods sold budget, as the starting point for the operating budget, uses the budgeted unit sales. d. none of the above. g

Grace period is a period of time before the credit card company starts charging late fees.truefalse

(a) what was the opportunity cost of non-gm food for many buyers before 2008? (b) why did they prefer the alternative? (c) what was the opportunity cost in 2008? (d) why did it change?

It is estimated that over 100,000 students will apply to the top 30 m.b.a. programs in the united states this year. a. using the concept of net present value and opportunity cost, when is it rational for an individual to pursue an m.b.a. degree. b. what would you expect to happen to the number of applicants if the starting salaries of managers with m.b.a. degrees remained constant but salaries of managers without such degrees decreased by 20 percent