Armed only with his fingers, the owner decides that the safest forecasting approach is a linear trend line. Generate a forecast for the year using this technique and then calculate forecast errors using MAD
What is the mean absolute deviation for this forecasting approach?
A) 33.3
B) 21.7
C) 28.2
D) 25.9
Answer: D
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If Investor Company owns 20% of the stock of Investee Company and Investee Company reports profits of $100,000, then Investor Company reports equity income of:
a. $80,000. b. $20,000. c. $40,000. d. $60,000. e. None of the answers are correct.
The residual dividend policy implies that investors prefer to have the firm retain and reinvest earnings rather than pay them out in dividends if the rate of return the firm can earn on reinvested earnings:?
A. ?exceeds the cost of retained earnings that can be invested in projects with negative net present value. B. ?is less than the weighted average cost of capital (WACC) that is composed of both debt and equity. C. ?exceeds the cost of debt that will be taken from banks as loans or by issuing bonds to the public. D. ?exceeds the rate investors, on average, can earn themselves on other investments of similar risk. E. ?is less than the discount rate offered by the firm for dividend reinvestment.
An enduring belief that a specific mode of conduct is personally or socially preferable to an alternative mode of conduct is called a(n):
A. lifestyle B. self-concept C. attitude D. value E. perception
A _____ error occurs because the selected sample is an imperfect representation of the overall population.
A. frame B. field C. measurement D. random E. representational