The accuracy of the percent of sales forecast method is impaired if
A) asset needs are independent of sales level.
B) scale economies are present for assets.
C) assets must be purchased in discrete quantities.
D) All of the above impair the accuracy of the percent of sales forecast method.
D
You might also like to view...
During its first three years of operations a company reported pre-tax book income of $1,000,000 in year 1, ($1,800,000) in year 2, and $3,000,000 in year 3. The income tax rate applicable to each of the years was 40%.Assume that there weren't any temporary differences and a valuation allowance was not necessary.What is the amount of the deferred tax asset reported in the year 2 year-end balance sheet if the company elected a loss carryback?
A. $0. B. $720,000. C. $400,000. D. $320,000.
Terrence owns a successful coffee bar. He’d like to expand his business by adding a second location across town, but has found that economic uncertainty has made most banks reluctant to provide him with the loan he would need to do so. With which type of resource is Terrence struggling?
a. human b. financial c. physical d. informational
What kinds of ideas make the best topics for concept speeches?
a. Particular ideas b. Abstract ideas c. Specific ideas d. Advanced ideas
Bisha created a new recipe for a sandwich spread and applied for a patent to protect her trade secret. She is likely to receive this patent
a. True b. False Indicate whether the statement is true or false