A minority of states have adopted the common law lien theory of mortgages which gives the mortgagor the right of ownership and possession
Indicate whether the statement is true or false
False
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Over sufficiently long time periods, the amount of net income equals
a. cash inflows minus cash outflows from operating activities. b. cash inflows minus cash outflows from operating and investing activities. c. cash inflows minus cash outflows from operating, investing, and debt servicing activities. d. cash inflows minus cash outflows from operating and debt servicing activities. e. cash inflows minus cash outflows from investing and debt servicing activities.
Using the information provided, what is the length of the production cycle for the firm?
Perfect Purchase Electronics Selected Income Statement Items, 2014 Cash Sales $1,500,000 Credit Sales $7,500,000 Total Sales $9,000,000 COGS $6,000,000 Perfect Purchase Electronics Selected Balance Sheet Accounts 12/31/2014 12/31/2013 Change Accounts Receivable $270,000 $240,000 $30,000 Inventory $125,000 $100,000 $25,000 Accounts Payable $110,000 $90,000 $20,000 A) 6.08 days B) 7.60 days C) 53.33 days D) 6.84 days
Oral arguments are not allowed in appellate courts
Indicate whether the statement is true or false
Answer the following statement(s) true (T) or false (F)
1. Smoothing methods are more appropriate for a stable time series than when significant trend or seasonal patterns are present. 2. The exponential smoothing forecast for any period is a weighted average of all the previous actual values for the time series. 3. The mean squared error is obtained by computing the average of the squared forecast errors. 4. If a time series has a significant trend pattern, then one should not use a moving average to forecast. 5. For a time series with relatively little random variability, we should use larger values of the smoothing constant to provide the advantage of allowing the forecasts to react more quickly to changing conditions.