Activity 8.8 For each of the examples below, decide what type of training would be most appropriate and why. a S&S plc has just introduced a new computer program into the Accounts offices. All the Accounts employees will need to know how to use the new software. b Sandeep has been given a job as a trainee manager with a large retail company. The training will last for about two years. c James has just got a job as a hotel porter. He has never done this type of job before. He is starting work next week.

Jordan, inc. sells fireworks. the company’s marketing director developed the following cost of goods sold budget for april, may, june, and july. april may june july budgeted cost of goods sold $62,000 $72,000 $82,000 $88,000 jordan had a beginning inventory balance of $3,000 on april 1 and a beginning balance in accounts payable of $14,600. the company desires to maintain an ending inventory balance equal to 15 percent of the next period’s cost of goods sold. jordan makes all purchases on account. the company pays 65 percent of accounts payable in the month of purchase and the remaining 35 percent in the month following purchase. required prepare an inventory purchases budget for april, may, and june. determine the amount of ending inventory jordan will report on the end-of-quarter pro forma balance sheet. prepare a schedule of cash payments for inventory for april, may, and june. determine the balance in accounts payable jordan will report on the end-of-quarter pro forma balance sheet.