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What is the name for a forecast figure used to set a target for future sales or costs?
Wiki User
∙ 7y ago
There could be any number of words to do that. There is no industry standard for that. With that said, many firms use the term of "expected". For example: "Expected sales growth in the first quarter of 2017 is $23 million.
Wiki User
∙ 7y ago
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The percent-of- sales method can be used to forecast?
Direct costs
Sample of feasibility study of a boarding house?
A feasibility study is what is done to figure out if it would be a good idea to do something. To do a study for a boardinghouse, a person would need to figure out all costs involved, plus how much someone would be willing to pay to see if it is a feasible thing to do.
What are the best ways of undertaking telemarketing lead generation?
Telemarketing lead generation is the understanding of how to identify potential business ideas in the target market and how to reduce costs but also bring up profits.
In selecting a target market for a bank's checking accounts the bank's marketers should consider the bank's strengths who would get the most value from those strengths and .?
the costs of reaching different segments. Apex
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1. Huge massive reach of your business target group and beyond. XXX more than Word of Mouth campaigns or any other Marketing Instrument. 2. The lower costs in relation to conventional Marketing campaigns.
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It allows you to forecast future costs needed to do business.
Why are costs estimated for individual jobs?
The reason for estimating the costs of either one job or many jobs is to provide a forecast for the organization filling and/or creating new jobs to see if the organization can afford them. If the job (s) are already in existence, then the answer is to provide a forecast for what the costs will entail at some future date. The items to be estimated are numerous and actually the items themselves are irrelevant to the question.
The percent-of- sales method can be used to forecast?
Direct costs
What is the difference between forecast and prediction?
Difference between Budget and Forecast Once the financial objectives have been set, it is possible to prepare and agree a budget. A budget should relate the overall plan in figures. It is different from a forecast in the sense that the plan, and therefore the budget, sets minimum requirements, whereas a forecast is usually an expectation of what is likely to happen. Example: You might choose to budget for sales of £180,000 and use this figure in calculating your likely expenditure, profit and so on. Based on your market research, however, you predict sales of £200,000, and set a target of £220,000, in order to stretch your sales force. If all your costs are covered by the budgeted figure, then you will make a greater profit if you achieve the forecast and a still greater one if you achieve the target. (Whilst this is an important distinction, in practice for most businesses the forecast and budget will be the same.)
What is the target net income?
Target Net income = (Target Operating income)-(Target Operating income x Tax rate) Target operating income = (Revenues-Variable costs)- Fixed Costs
What is the difference in how future costs and past costs are used by companies?
Future cost versus past cost. Effective decision making analyzes only present and future outlay costs, or out-of-pocket costs. Optimal decisions result from using future costs, whereas financial reporting uses past costs.
What is targets net income?
Target Net income = (Target Operating income)-(Target Operating income x Tax rate) Target operating income = (Revenues-Variable costs)- Fixed Costs
Where is the mortgage finder and why would someone use it?
You can find the mortgage finder online when you are trying to find out what might be your mortgage for the future and your monthly payments. It is a calculator to help figure out your costs.
How much will the apple costs in the future?
It will costs about $300 dollars becuz they'll probably make something better in the future. So ima get me one in the future not now.
How much will the fourth Gen iPod touch cost?
Mostly it costs $200, but at target it costs $190, And on amazon it costs $189
Who are good construction management trainers?
A good construction estimator is one who accurately forecast the cost of future projects and compiles and analyzes data of all the factors that can influence construction costs. These cost include construction materials, construction labor, construction location, and special machinery requirements.
Future costs that do not differ between alternatives in a decsion are avoidable costs is this true or false?
TRUE
