A firm launching a new product for which historical data does not exist would likely use which type of forecasting technique?
a. Quantitative
b. Qualitative
c. Qualified
d. Quantified
b. Qualitative
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In 2010, Tru Corporation deducted $5,000 of bad debts. It received no tax benefit from the deduction because it had an NOL in 2010 that it was unable to carry back or forward. In 2011, Tru recovered $4,000 of the amount due.a)What amount must Tru include in income in 2011?b)What effect does the $4,000 have on E&P in 2011, if any?
What will be an ideal response?
Which of the following is the focus for the statement of cash flows?
a. Cash b. Cash and cash equivalents c. Current assets d. Working capital e. None of the answers are correct.
What are the four major factors that influence business buying decisions?
A. Environmental, organizational, interpersonal, and individual B. Environmental, organizational, psychological, and individual C. Environmental, psychological, individual, and technological D. Technological, organizational, environmental, and interpersonal E. Environmental, organizational, technological, and individual
Scrumptious Confections plc is a United Kingdom confectionery company. Scrumptious Inc is forecasting its financial statements for Year 2. Selected financial information for Years 1 and 2 is provided in the table
In Year 2 Scrumptious is planning to invest £53 million in CAPEX and forecasted depreciation is £196 million. What is Property, Plant and Equipment (Net) in Year 2? Selected Financial Information Scrumptious Inc (£ millions) Year 1 Year 2 PP&E £1,904 Depreciation 212 196 CAPEX 45 53 A) £831 B) £861 C) £1,411 D) £1,441 E) £1,761