After John presents his speech in class, his classmate Ryan raises his hand and asks him a question regarding one of his points. Ryan’s question is a form of
a. noise.
b. feedback.
c. sound.
d. reaction.
b. feedback.
You might also like to view...
Which of the following would not be an example of the use of a multiple when valuing common equity?
a. Price-to-operating cash flow b. Price-to-book. c. Price-to-earnings. d. Multiperiod discounted earnings models.
The Aston researchers identified five variables drawn from Max Weber’s initial list of fifteen: __________ refers to the extent to which the organization uses manuals of organizational procedures.
a. Formalization b. Centralization c. Specialization d. Standardization
______ is the average of the sum of the absolute differences between the actual and forecasted demand values.
a. Mean squared error (MSE) b. Mean absolute deviation (MAD) c. Mean absolute percentage error (MAPE) d. Cumulative sum error (CSE)
The ZYX Corporation is planning to request a line of credit from its bank and wants to estimate its cash needs
for the month of September. The following sales forecasts have been made for 2010: July $500,000 August 400,000 September 300,000 October 200,000 November 100,000 Collection estimates were obtained from the credit collection department as follows: 20% collected within the month of sale; 70% collected the first month following this sale; and 10% collected the second month following the sale. Payments for labor and raw materials are typically made in the month in which these costs are incurred. Total labor and raw material costs each month are 50% of sales. General administrative expenses are $30,000 per month, lease payments are $10,000 per month, and depreciation charges are $20,000 per month. The corporation tax rate is 40%; however, no corporate taxes are paid in September. Prepare a pro forma income statement and cash budget for September.