Consider the following data and calculate S2 using simple exponential smoothing and ? = 0.3.
S2 = 19.18
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In a pictograph, the area of each section, as a percentage of the total circle, reflects the percentage associated with the value of a specific variable
Indicate whether the statement is true or false
In the context of the CAPM and assuming investors' past expectations have been fulfilled, the average historical market risk premium is a useful initial estimate of the expected future market risk premium
Indicate whether the statement is true or false
James and Debra Reid purchased a home for $623,000 in January 2014. They put down $62,300 and financed the remainder with Fifth Third Bank. Fifth Third Bank recorded its mortgage on February 1, 2014. On March 31, 2014, the Reids purchased a swimming pool and the pool contractors, Cristoria Pools, financed the construction for $45.000. Cristoria recorded a second mortgage on the property on April
15, 2014. On December 15, 2014, the Reids sold their house to the Griffins for $720,000. The Griffins put $120,000 down and agreed to pay the Reids for the existing mortgage in wrap-around. The mortgage balance at the time of the sale was $619,000. The balance on the Cristoria mortgage was $42,000. On August 15, 2015, the Griffins defaulted on their payments. The Reids had already purchased another home and were unable to make the payments on the home. Fifth Third Bank foreclosed on the mortgage. ?Who has first priority on the sales proceeds after expenses are paid? A)?Fifth Third Bank B)?Cristoria Pools C)?The Reids D)?The Griffins
On January 1, Year 2, the Supplies account of Sheldon Company had a balance of $1,200. During the year, the company purchased $3,400 of supplies on account and made partial payments totaling $3,000 on those accounts. On December 31, Year 2, Sheldon determined that there were $1,400 of supplies on hand. Which of the following would be reported on Sheldon's Year 2 financial statements?
A. $1,600 of supplies; $200 of supplies expense B. $1,400 of supplies; $2,000 of supplies expense C. $1,600 of supplies; $3,400 of supplies expense D. $1,400 of supplies; $3,200 of supplies expense