Using many periods of data in a moving average will produce a more stable forecast than using three or four periods
Indicate whether the statement is true or false
True
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On January 1, 2018, Global Sales issued $25,000 in bonds for $29,800. These are eight-year bonds with a stated rate of 15% and pay semiannual interest. Global Sales uses the straight-line method to amortize the bond premium. On June 30, 2018, when Global makes the first payment to bondholders, what is the amount that will be reported as Interest Expense? (Round your intermediate answers to the nearest dollar.)
A) $1575 B) $1875 C) $3225 D) $1225
Clearwater Hampers is a small British company that sells luxury food and drink in various combinations in picnic hampers. Food and wine are seen as classic, fail-safe gifts in a market where gift-giving is increasingly tricky. Corporate customers, both in the United Kingdom and abroad, are important to the business. The firm's products are also available in a number of retail establishments around the world. The leading salesperson for Clearwater Hampers is Peter Austin who has been with the company since it began operation in 1979. The firm's owners were originally trout farmers who needed a source of income during the winter months and who diversified into selling fine liquors, cheeses, chocolates, and other luxury food items. The company uses a variety of promotions to make prospects
aware of the company's products.Clearwater Hampers spends money on advertising for all of the following reasons EXCEPT to: A. create cognitive dissonance about recent purchases. B. educate customers about the company's picnic hampers. C. increase overall sales. D. inform prospects that a product is on the market. E. develop leads for Austin and the rest of its sales force.
Which of the following costs incurred by a paper manufacturer would be included in the group of costs referred to as conversion costs?
A) Advertising costs B) Raw lumber (direct materials) C) Machine operator's wages (direct labor) D) Sales salaries
Overtime pay must always be set at twice the regular pay of an employee
Indicate whether the statement is true or false