Suppose a firm has had the following historic sales figures. What would be the forecast for next year’s sales usingregression to estimate a trend? . . .
You have overheard the following statements: (a) ‘A budget is a forecast of what is expected to happen in a business during the next year.’ (b) ‘Monthly budgets must be prepared with a column for each month so that you can see the whole year at a glance, month by month.’ (c) ‘Budgets are OK […]
Cost Based Pricing and profit calculations A Grocery store makes pricing decisions based on cost of the products All other costs are fixed at $800,000 per year The average cost of inventory at the store is $1,000,000 The inventory turns over eight times a year a If prices are set at 12% above costs, what […]
Betas Answer the questions below for assets A to D shown in the table. Asset Beta A 0.50 B 1.60 C 20.20 D 0.90 a. What impact would a 10% increase in the market return be expected to have on each asset’s return? b. What impact would a 10% decrease in the market return be […]
The comparative statements of Osborne Company are presented here.
Question 7 Match the term with the correct description – A B C D E F G Air – A B C D E F G Environmental lapse rate – A B C D E F G Weather – A B C D E F G Radiosonde – A B C D E F G Aerosols […]
Value-added, nonvalue-added costs. The Marino Repair Shop repairs and services machine tools A summary of its costs (by activity) for 2011 is as follows: a. Materials and labor for servicing machine tools $800,000 b. Rework costs 75,000 c. Expediting costs caused by work delays 60,000 d. Materials-handling costs 50,000 e. Materials-procurement and inspection costs 35,000 […]
The local police department must write, on average, 5tickets a day to keep department revenues at budgeted levels.Suppose the number of tickets written per day follows a Poissondistribution with a mean of 5.5 tickets per day. Interpret thevalue of the mean. QUESTION TITLE :- The local police department must write, on average, 5 tickets a […]
Sales Forecast Why do you think most long-term financial planning begins with sales forecasts? Put differently, why are future sales the key input?
300 tissues = $3.25 ?cents/100 tissues
