The moving averages and exponential smoothing methods are appropriate for a time series exhibiting
a. a horizontal pattern.
b. a cyclical pattern.
c. trends.
d. seasonal effects.
a
RATIONALE: The moving averages and exponential smoothing methods are appropriate for a time series exhibiting horizontal pattern.
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The Basketball Division of Thunder Sports Enterprises reported the following financial data for the year: Assets available for use $1,200,000 Book Value $1,500,000 Market Value Residual income $108,000 Return on investment 14% Refer to Thunder Sports Enterprises. If the manager of the Basketball Division is evaluated based on return on investment, how much would she be willing to pay for an
investment that promises to increase net segment income by $60,000? a. $ 108,000 b. $ 300,000 c. $ 428,572 d. $1,200,000
The lower-of-cost-or-market rule demonstrates accounting conservatism in action
Indicate whether the statement is true or false
Globalization of the location decision is the result of all EXCEPT which of the following?
A) market economics B) higher quality of labor overseas C) ease of capital flow between countries D) high differences in labor costs E) more rapid, reliable travel and shipping
If a company uses the FIFO cost flow method for its income tax return it must also use FIFO for financial reporting.
Answer the following statement true (T) or false (F)