Demand for soccer balls at a new sporting goods store is forecasted using the following regression equation:
Y = 98 + 2.2X where X is the number of months that the store has been in existence. Let April be represented by
X = 4.
April is assumed to have a seasonality index of 1.15. What is the forecast for soccer ball demand for the month of April (rounded to the nearest integer)?
A) 123
B) 107
C) 100
D) 115
E) None of the above
B
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Assume the indirect method is used to compute net cash flows from operating activities. For this item extracted from the financial statements-Decrease in Accrued Liabilities-indicate the effect on net income in arriving at net cash flows from operating activities by choosing one of the following:
A) Add to net income to arrive at net cash flows from operating activities. B) Subtract from net income to arrive at net cash flows from operating activities. C) Not used to adjust net income to calculate net cash flows from operating activities.
The Leadership Grid, also known as the Managerial Grid, classifies leadership along two dimensions. These are
a. initiating structure, showing consideration b. Theory X, Theory Y c. Concern for People, Concern for Results d. intrinsic motivators, extrinsic motivators
Clark hires Dimitri to act as his agent to purchase Expo Sports Arena, Inc Clark tells Dimitri to reveal that he is buying the firm and its assetson behalf of a third party and to tell the seller who that third party is. Clark is
a. a disclosed principal. b. an apparent principal. c. an undisclosed principal. d. a partially disclosed principal.
A contract sales force consists of independent salespeople with a wide range of experiences and contacts. These salespeople are employees of a company on a contract basis.
Answer the following statement true (T) or false (F)