The trend equation for quarter sales data (in millions of dollars) for 2011-2015 is given by y = 6.8 + 1.2t, where t = 1 for the first quarter of 2011 . The seasonal index for the third quarter of 2008 is 1.25 . The forecasted sales' value for the third quarter of 2016 is:
a. 34.40
b. 27.52
c. 43.00
d. 35.65
C
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The following frequency distribution shows the GMAT scores of a sample of MBA students: GMAT ScoreFrequency 300 up to 4002 400 up to 5006 500 up to 6005 600 up to 7005 700 up to 8002 ? For the above data, compute the mean GMAT score.
What will be an ideal response?
The income statement provides information for assessing the operating profitability of a firm. One tool used for analysis is the common-size income statement that expresses
a. each expense and net income as a percentage of revenues. b. each revenue and net income as a percentage of expenses. c. each expense and net income as a percentage of total assets. d. each expense and net income as a percentage of shareholders' equity. e. each revenue and net income as a percentage of shareholders' equity.
Discuss inventory accounting concepts and issues
Product followers who purchase older generation models with lower prices and fewer features are called ________.
A. the late majority B. the early majority C. early adopters D. laggards E. innovators