The partial-autocorrelation function correlogram should show spikes close to _______ lags if an ARMA (2, 3)-type model generates the true data.
A. one
B. two
C. three
D. four
E. None of the options are correct.
Answer: B
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One significant area where value engineering has produced impressive results is with regard to ______.
A. reducing costs of inputs into a product B. the information technology in product manufacture C. analyzing the market to ensure customers receive value D. reducing the cost of reverse logistics
The extra expense incurred by a business to stay in operation following a fire is an example of a(n)
A) fundamental risk. B) speculative risk. C) direct loss. D) indirect loss.
A company needed a new building. It found a suitable location with an existing old building on the land. The company reached an agreement to buy the land and the building for $960,000 cash. The old building was demolished to make way for the needed new building. Following is information regarding the demolition of the old building and construction of the new one: Construction cost of new building $8,900,000Cost for parking lot………………………………………. $260,000Demolition of old building…………………………………. 200,000Proceeds from sale of salvaged materials from old building 70,000Prepare a single journal entry to record the above costs assuming all transactions are paid in cash.
What will be an ideal response?
Bigg Stores had net sales of $254,700 for July. They maintain a gross margin of 56% on sales, and estimate their ending inventory for July to be $78,400. What is the amount of goods available for sale?