Daily demand for newspapers for the last 10 days has been as follows: 12, 13, 16, 15, 12, 18, 14, 12, 13, 15 (listed from oldest to most recent). Forecast sales for the next day using a two-day weighted moving average where the weights are 3 and 1

A) 14.5
B) 13.5
C) 14
D) 12.25
E) 12.75


A

Business

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A corporation has 60,000 shares of $25 par value stock outstanding that has a current market value of $120. If the corporation issues a 5-for-1 stock split, the number of shares outstanding will be:

A) 60,000 B) 10,000 C) 300,000 D) 30,000

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Under the effective interest method, the cash paid on each interest payment date will:

A) decrease if bonds are issued at a premium. B) increase if bonds are issued at a premium. C) remain constant regardless of the issuance price. D) increase if bonds are issued at a discount.

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Answer the following statement true (T) or false (F)

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Indicate whether the statement is true or false

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