In Q1, a firm sold 23,000 units of a particular product. In Q2, the firm sold 25,000 and in Q3 22,850 units were sold. Assume weights of 0.7 and 0.3 (descending for older data). What is the two period weighted moving average forecast for Q4?
a. 23,616
b. 23,525
c. 23,495
d. Forecast for Q4 cannot be determined from the information given
b. 23,525
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When two or more secondary sources provide conflicting information you should:
A) select the one source that has been in business the longest B) evaluate the information from each source and select the source that best suits your needs for reliable and valid information C) probably abandon the project; you will never have objective results upon which to base your decision D) call the client/manager and ask which source is desired E) select the source reporting information that is most likely to please the client
DivetheBlue, a company marketing deep-sea diving equipment, charges very high prices for its products
Despite the availability of many low-priced products in the market, customers seem to prefer DivetheBlue, which has earned a reputation for selling high-quality products. This exemplifies ________. A) a pure monopoly B) an oligopoly C) a nonprice position D) break-even pricing E) target costing
In determining earnings per share, interest expense, net of applicable income taxes, on convertible debt which is dilutive should be
a. ignored for diluted earnings per share. b. added back to net income for diluted earnings per share. c. deducted from net income for diluted earnings per share. d. none of these.
In theory, capital budgeting decisions should depend solely on forecasted cash flows and the opportunity cost of capital. The decision criterion should not be affected by managers' tastes, choice of accounting method, or the profitability of other independent projects.
Answer the following statement true (T) or false (F)