How many units should be produced next year
DeArmond Corporation has budgeted sales of 18,000 units, target ending finished goods inventory of 3,000 units, and beginning finished goods inventory of 900 units. How many units should be produced next year?
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During the fiscal year that just ended on December 31, 2009, Delta earned $3.00 per share, and the firm’s managers expect to earn this amount per share during fiscal years 2010 and 2011, as well.
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