You have recorded your company sales over the last 2 years and notice an increasing trend in sales. After plotting the sales in Excel, it shows you the following best-fit line: y = 1036.7x+2729.5 where y is units sold and x is the time period. You also observe that the sales show seasonality and calculate the seasonal indices for each season in the table below.
Season
winter
Spring
Summel
Fall
Seasonal index 0,82
0,78
1.26
1.13
Using the trendline and seasonal index, what is the forecast for the next Summer (time period 11)? (slides 31-34 and Practice Problem #28)
10,215
17.808
13,097
12,060
17,142
9,889
14,133
15.170
Answers
Using the trendline equation and seasonal index, the forecast for the next summer (time period 11) is approximately 17,808 units sold.
To forecast the sales for the next summer (time period 11), we can use the trendline equation and apply the seasonal index for summer.
The given trendline equation is: y = 1036.7x + 2729.5, where y represents the units sold and x represents the time period.
First, let's calculate the baseline forecast without considering the seasonality. Substituting x = 11 into the trendline equation:
y = 1036.7(11) + 2729.5
y = 11403.7 + 2729.5
y = 14133.2
The baseline forecast for time period 11 is 14,133 units sold.
Next, we need to adjust the baseline forecast by applying the seasonal index for summer, which is 1.26.
Adjusted forecast = Baseline forecast * Seasonal index
Adjusted forecast = 14,133 * 1.26
Adjusted forecast ≈ 17,808
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Related Questions
THEATRE PLEASE HELP 100 POINTS HAHA
A screenwriter is working on an episode of a comedy series about a group of employees working at an advertising agency. At some point in the episode, the protagonist is at risk of losing her biggest client if she doesn't deliver a successful social media campaign. A set of ridiculous circumstances leads to a brilliant idea that just might save the day and her career. Which two elements of Freytag's plot pyramid are present?
Climax and resolution
Exposition and resolution
Falling action and resolution
Rising action and climax
Answers
Exposition and resolution, the first two tiers of Freytag's plot pyramid, are covered. As a result, option (B) is correct.
Who is called a Screen Writer ?A freelance occupation is screenwriting. As long as you have strong storytelling skills and imagination, you can work as a professional screenwriter without having a degree. In contrast to other professions, screenwriters are recruited as independent contractors.
The majority of screenwriters, if not all of them, begin their careers by penning scripts purely out of passion and do it without getting paid or employed for it. It is referred as as a spec script if such a script is sold. Professional screenwriters are distinguished from amateur ones by the fact that they frequently have talent agencies as their representatives.
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Define the following:
1. Allocation of resources
2. Economic system
3. Market economy
Answers
1. Allocation of resources
apportionment of productive assets among different uses.
2. Economic system
by which societies or governments organize and distribute available resources, services, and goods across a geographic region or country.
3. Market economy
an economic system where two forces, known as supply and demand, direct the production of goods and services.
eg: US, Japan
if $220,000 was the average price of a house five years ago, what is the average price (in $) of a house today?
Answers
Without any additional information, it is difficult to determine the average price of a house today. However, we can make an educated guess based on trends in the housing market over the past five years.
Since the housing market is known to fluctuate, we can assume that the average price of a house today is likely higher than it was five years ago. According to data from the National Association of Realtors, the median existing-home price for all housing types in July 2021 was $359,900, which is an increase of 23.3% from July 2020. This suggests that the average price of a house today is likely to be significantly higher than $220,000.
However, it's important to note that the average price of a house can vary widely depending on factors such as location, size, and condition. Additionally, the COVID-19 pandemic has had a significant impact on the housing market, with some areas experiencing increased demand and higher prices, while others have seen a decline in demand and lower prices.
Overall, while we can't determine the exact average price of a house today based solely on the information provided, we can infer that it is likely to be higher than $220,000 based on trends in the housing market.
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Define a Small Scale Enterprise as per ‘MSMED Act, 2006’.
Answers
Explanation:
the Government of India has in acted, small and medium enterprises development (MSMED) Act, 2006 in terms of which the definition of micro, small and medium enterprises is an enterprise where the investment in plant and machinery is more than rate 25 lakh but does not exceed rate.
According to public choice theory, individual self-interests influence the actions of.
Answers
Public choice theory is undisruptive of economics. It describes how human beings participate in making decisions. Various studies have shown that individual self-interest is the force behind taking decisions.
Although there are some people who make decisions for the sake of others the majority make decisions for self-interest. Public choice theory argues that individuals in the public sector make choices that maximize their utility.
People seek solutions consistent with their self-interest. Public choice seeks to maximize his or her own utility. The public choice theory explains government decisions making as a result of individual self-interest. Public choice insists on using the same model of behavior throughout.
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outline 2 advantages to H&H of using secondary market research
Answers
Explanation:
It provides quick information and factual background perspectives
It is less expensive and affordable
PLEASE help im stuck
What management principle caused the cost per bushel to change? Explain how the principles applied to this example.
Answers
Answer:
Microeconomics uses a set of fundamental principles to make predictions about how individuals behave in certain situations involving economic or financial transactions. These principles include the law of supply and demand, opportunity costs, and utility maximization. Microeconomics also applies to businesses.
Payment is made for machinery purchases previously on credit. what effect does this transaction have on the accounting equation?
Answers
When machinery that was previously purchased on credit is paid for, both liabilities and assets on the balance sheet increase by the same amount.
A balance sheet, also referred to as a statement of financial position or a statement of financial condition in financial accounting, is an overview of the financial standing of an individual or organization, including a sole proprietorship, a business partnership, a corporation, a private limited company, or other entities like the government or not-for-profit organizations.
A balance sheet is frequently referred to as a "snapshot of a company's financial condition". Of the four fundamental financial statements, the balance sheet is the only one that only relates to a certain moment in a company's fiscal year.
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fast pls The Fair Labor Standards Act does not cover which of the following?
unemployment compensation
child labor
minimum wage
overtime pay
Answers
Doug offers to sell a computer router to Eve, but it is stolen before Eve accepts. Doug:
a. is not required to obtain a similar item for Eve, because it could take an unreasonable period of time to obtain a replacement.
b. is not required to obtain a similar item for Eve, because the theft of the original router terminated the offer.
c. must obtain a similar item for Eve, if Eve offers to pay before delivery.
d. must obtain a similar item for Eve, if Doug tells Eve that he accepts the offer.
Answers
Answer:
The answer is B
Explanation:
Since its been stolen he can't offer her anything anymore based on that transaction
sue invested $15,000 in the abc limited partnership and received a 10 percent interest in the partnership. the partnership had $40,000 of qualified nonrecourse debt and $40,000 of debt sue is not responsible to repay because she is a limited partner. sue is allocated a 10 percent share of both types of debt, resulting in a tax basis of $23,000 and an at-risk amount of $19,000. during the year, abc lp generated a ($230,000) loss. how much of sue's loss is disallowed due to her tax basis or at-risk amount?
Answers
Sue's loss disallowed due to her tax basis or at-risk amount is $4,000.
Sue invested $15,000 in the ABC Limited Partnership and received a 10% interest in the partnership. The partnership had $40,000 of qualified nonrecourse debt and $40,000 of debt for which Sue is not responsible to repay as a limited partner. Sue is allocated a 10% share of both types of debt.
Sue's tax basis is determined by taking into account her investment, her share of the qualified nonrecourse debt, and her share of the debt she is not responsible to repay. In this case, her tax basis is calculated as follows: $15,000 (investment) + 10% of $40,000 (share of qualified nonrecourse debt) + 10% of $40,000 (share of nonrecourse debt) = $23,000.
The at-risk amount is calculated by considering only the qualified nonrecourse debt. Sue's at-risk amount is determined as follows: 10% of $40,000 (share of qualified nonrecourse debt) = $4,000.
Since the partnership generated a loss of ($230,000), Sue's loss disallowed due to her tax basis or at-risk amount is limited to the lower of her tax basis ($23,000) or her at-risk amount ($4,000). Therefore, $4,000 of Sue's loss is disallowed for tax purposes.
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Which type of interest rate saves you the most money if you carry a balance
on a loan from one month to the next?
OA. Effective rate
B. Compound interest rate
C. Simple interest rate
OD. Annual percentage yield
Answers
The type of interest rate that saves you the most money if you carry a balance on a loan from one month to the next is the C. simple interest rate.
How does simple interest save money ?The interest on a loan can be calculated using either the simple interest rate or the compound interest method. Simple interest calculations only apply to the principal balance of the loan, where no additional interest is charged on the debt itself.
Conversely, with compounded interest, the original amount borrowed increases when interest accumulates into the total owed, causing future interest charges to be higher than previous ones. This accrues until the full balance has been repaid along with the accumulated interest.
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Helen inherited some money from her grandmother. She decided to open a coffee shop. She explored the main market area near her house to scope out the competition. The competitors were all famous branded coffee houses. They heavily advertised their coffee and had a lot of brand awareness among the customers. They sold their coffee at a low price, because they could divide the cost of operations over a large number of sales. There was an area near a business center that seemed distant from these branded coffee houses. She decided to rent this location for her shop. She realized that she would also need to serve coffee that at least equalled the standards of the branded coffee houses.
Answers
Answer:
Helen decided to rent her shop in this location.
Explanation:
Helen choose to rent her shop in the location where there are many competitors. The competitors are well established branded coffee houses who serve coffee to their customers at very low price. In this situation customers will not move to any new coffee house. So Helen decided differentiating her coffee shop from other coffee houses and she decided to open a coffee shop where there are less or no competitors available.
Disadvantages of choosing a job that is extremely popular or in demand
Answers
The disadvantage of choosing a job that is very popular or a job that is in high demand is that after a while such a job may become saturated or it would become monotonous.
What is a high demand job?This is the term that is used to refer to a job that the people that wpould employ labor are constantly in need of. Such a job is one that would require the people that have the qualification to opt in and get the places and the roles that they are to fill.
The issues that may arise from such a job that is in high demand is that after a period, such a job may have a lot of persons that would want to fulfil the role.
The number of qualified persons may become more than the job that is available for the people to do in the long run.
Hence this is a disadvantage. Therefore I would conclude by saying that the disadvantage of choosing a highly popular job is that the number of persons that are willing to fulfil the role may exceed the job overtime.
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What is the hazard? Chris works for a city public works department. One hot afternoon the temperature outside reached 92 degrees. While Chris was shoveling dirt in a vacant lot, he started to feel dizzy and disoriented. He fainted due to the heat.
Answers
Answer: dehydration
Explanation:
Answer:
dehydration and heat exhaustion.
Explanation:
I hope this helps! :)
Which of the following is most likely reason that a regulated product may go
to market?
Answers
Answer:
B) it has passed testing and certification standards
Explanation: hope this helps!
Answer:
B IS CORRECT :))))
Explanation:
A demand schedule shows A. various quantities of a good or service demanded at various prices. B. individual preference for more income rather than less. C. consumer preferences for different combinations of goods and services. D. the relation between price and income when all other things remain equal.
Answers
Answer:
Option "A" is correct.
Explanation:
Option “A” is correct because the demand schedule is a tabular statement that shows the different prices and quantities. Basically, this tabular statement shows the different quantity demanded at different prices. At the higher price, the demand is lower and at lower prices, the demand is higher. Therefore, the price and demand have an inverse relationship, and the demand curve is downward sloping.
my boss just took 70 dollars out of my paycheck and he said, "i cant believe you yelled at one of our costumers." and I have no idea what he is talking about. Is this something i should take to the owner of the store?
Answers
Which of these is a financial service offered to business owners?
A.) Core Competencies
B.) Dividend payments
C.) Insurance
D.) Operational efficiencies
Answers
Answer:
C.) Insurance
Explanation:
Financial services include the services offered by banks, insurance companies, investment houses, real estate brokers, lenders, and finance companies. These services have a commercial aspect of either saving (pooling of resources), borrowing, or investing.
In this list, insurance is a financial service. Insurance is the purchase of protection or cover against risks. Insurance companies undertake to provide financial compensation in the event of loss arising from the risk insured against in exchange for premiums. Insurance companies pool resources together to compensate a member who has suffered a financial loss.
if your annual income rises by 50% while prices of the things you buy rise by 100%, then your:
Answers
If your annual income rises by 50% while prices of the things you buy rise by 100%, then your purchasing power has decreased.
This means that even though you are earning more money, the increase in prices of goods and services has made them more expensive to purchase, and you will not be able to buy as much with your increased income as you could before the price increase. This is because the increase in prices outpaces the increase in your income, making it more difficult to afford the same goods and services as before.
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Question 12 of 20 How is an equilibrium price determined? A. By finding a price that meets the highest quantity supplied by producers B. By finding a price that exceeds the expenses producers take on to create supply C. By finding a price that meets the highest quantity demanded by consumers D. By finding the price where quantity supplied matches quantity demanded
Answers
Answer:
D. By finding the price where quantity supplied matches quantity demanded
Explanation:
The equilibrium price refers to a price where there is no excess or shortage in demand and supply. Both sellers and buyers are happy to trade the current volumes at the stated price. In a graphical presentation, the equilibrium price is the point at which the demand and supply curves intersect.
The equilibrium price is the prevailing market price where demand matches supply.
briefly describe the risk and the negative impact of outsourcing in information systems operations.
Answers
Outsourcing in information systems operations poses risks and negative impacts.
Outsourcing certain aspects of information systems operations can introduce risks and negative impacts for organizations. When companies choose to outsource their IT operations to external service providers, they relinquish direct control over critical functions and sensitive data. This lack of control can lead to potential risks such as compromised data security, loss of intellectual property, and reduced service quality. Additionally, outsourcing can result in a loss of in-house expertise, limited flexibility in responding to changing business needs, and difficulties in managing vendor relationships. These factors can have a detrimental impact on the organization's overall performance and productivity.
Outsourcing information systems operations exposes the organization to the risk of compromised data security. By entrusting sensitive data to external providers, the company may face increased vulnerability to data breaches, unauthorized access, or data leaks. This can lead to reputational damage, legal implications, and financial losses.
Furthermore, outsourcing can result in a loss of in-house expertise. When key IT functions are outsourced, the organization may rely heavily on the expertise of the external vendor, which can limit the development and retention of internal knowledge and skills. This dependence can hinder the organization's ability to adapt to technological advancements or address complex IT issues promptly.
Managing vendor relationships also poses a challenge when outsourcing. Organizations may face difficulties in ensuring service quality, maintaining effective communication, and enforcing contract terms. Lack of alignment between the organization's goals and the vendor's priorities can lead to conflicts, delays, and subpar performance.
In conclusion, while outsourcing information systems operations can offer benefits such as cost savings and access to specialized skills, it also carries risks and negative impacts. Companies must carefully evaluate the potential risks and develop robust strategies to mitigate them, ensuring that the benefits of outsourcing outweigh the associated drawbacks.
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Please post detailed answers to the following questions. Please use complete sentences.
You may have noticed that honesty and ethics are important in finance and business careers. Why is this so important?
Answers
Answer:
see below
Explanation:
Ethics are a set of regulations and that guide people's behaviors. They are a set of generally accepted behavior in society. Ethics in business refers to the deliberate efforts to do the right thing.
Honesty and ethics are important in finance and business careers due to the following reasons
Asset Protection and AssuranceFinance and business professionals deal with sensitive information. They have access to financial records, accounting records, and personal shareholders and employees' records. Honesty and integrity are essential to ensure that the reports they present are accurate and reliable.
The majority of fraudulent activities originate from finance and business departments. Having employees of high integrity in those units will help protect business assets and assure the reliability of financial data.
2. Public Image and Brand Value Increases
Honest and ethical workers add to the goods reputation of a company. Business partners and customers will feel more confident transactions with the company. The company's brand image and value increase in the eyes of the public.
3. Team Work develops:
Honest workers have a relatively easy time working with others. Teamwork increases when employees work responsibly and as expected.
An income is measured as
A all money received, including gifts, in the course of a year.
B an amount spent in one week’s time.
C an amount received in a specific period: weekly, biweekly, or yearly.
D all money saved during a year’s time.
Answers
Answer:
C. An amount received in a specific period: weekly, biweekly, or yearly.
Explanation:
Income is an amount received in a specific period: weekly, biweekly, or yearly.
Income
It is a particular amount of money that is paid to you when you work for some organization or company, or when you earn in a business.
How is income measured?It is measured as an amount that is received in a specific period : weekly, biweekly, or yearly. It is pre-decided and depends on the type and amount of work you do.
Hence, income is an amount received in a specific period: weekly, biweekly, or yearly.
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How is a cryptocurrency exchange different from a cryptocurrency wallet?
Answers
A cryptocurrency exchange is a platform that enables users to buy, sell, and trade various cryptocurrencies. It acts as an intermediary between buyers and sellers, facilitating transactions and maintaining the order book. Cryptocurrency exchanges typically charge fees for their services, which can vary depending on the exchange and the type of transaction.
On the other hand, a cryptocurrency wallet is a software application or a physical device that is used to store, send, and receive cryptocurrencies. A cryptocurrency wallet can store private keys, which are used to sign transactions and prove ownership of the cryptocurrencies stored in the wallet. Cryptocurrency wallets can be either hot (connected to the internet) or cold (offline), and they can have different levels of security features to protect the user's assets.
Omar is having trouble paying his rent and making minimum payments on his student loan and credit cards. What should Omar consider doing to improve his situation?
Answers
Answer:
Omar should get budgeting advice from a consumer credit counselor
Explanation:
It is apparent from the question that Omar is having a financial problems as he is finding it difficult to meet up with his student loan and credit cards repayment plan.
It is advisable at this point that he should engage the service of a consumer credit counselor for budgeting advice to improve on his situation.
Consumer credit counselling service is a form of service that help to proffer solution to financial problems through financial education , budgeting assistance and debt management.
Answer:
Omar should get budgeting advice from a consumer credit counselor
Explanation:
Derrick has accepted a job in another state. His wife, who is not employed, is not happy about moving but doesn't have a choice. This is an example of:
Answers
Answer: A Fate control
Explanation:
Fate control is used to describe a situation where one person controls how the life of another person will go or rather their fate. This is very prevalent in relationships where a person is the sole breadwinner or in relationships where a person is the legal guardian of another.
The breadwinner or the guardian has fate control over those depending on them. In this case, Derrick has fate control over his wife as his activities such as taking a job in another state, dictate what his wife is to do which is to follow him to that state.
Explain two reasons why having good managers is important to their business
Answers
Answer:
Managers can lead their teams by giving a sense of purpose and direction that employees can rely on.
Answer:
Managers can provide leadership to their teams, providing a purpose and direction that employees can trust. They help employees reach their goals and handle the daily production and processes of a business. They also plan the next steps for managing projects and potential hires.
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Bird Enterprises has no debt. Its current total value is $48 million. Assume debt proceeds are used to repurchase equity. a. Ignoring taxes, what will the company’s value be if it sells $18.9 million in debt? (Do not round intermediate calculations and enter your answer in dollars, not millions of dollars, round your answer to the nearest whole number, e.g., 1,234,567.) b. Suppose now that the company’s tax rate is 25 percent. What will its overall value be if it sells $18.9 million in debt? (Do not round intermediate calculations and enter your answer in dollars, not millions of dollars, rounded to the nearest whole number, e.g., 1,234,567.)
Answers
If Bird Enterprises sells $18.9 million in debt and ignores taxes, its value will increase to $66 million.
Currently, Bird Enterprises' total value is $48 million, and it has no debt. If it sells $18.9 million in debt, this will increase its value. To calculate the new value, we can use the formula:
New Value = Current Value + Debt Proceeds
New Value = $48 million + $18.9 million
New Value = $66.9 million
However, we need to round the answer to the nearest whole number, so the new value will be $66 million.
Now, if we consider taxes, the new value will be different. If the company's tax rate is 25%, it will have to pay taxes on the interest payments it makes on the debt. To calculate the new value, we can use the formula:
New Value = Current Value + (Debt Proceeds x (1 - Tax Rate))
New Value = $48 million + ($18.9 million x (1 - 0.25))
New Value = $48 million + $14.175 million
New Value = $62.175 million
Rounding the answer to the nearest whole number, the new value will be $62 million. So, with taxes taken into account, Bird Enterprises' value will increase to $62 million if it sells $18.9 million in debt.
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Kendra needs to organize information about last year's sales. She wants to calculate how much revenue was generated and compare it to sales data from previous years. Which type of program will be the best for Kendra to use to help her achieve task
Answers
Answer:spreadsheet program - apex
Explanation:
Just took the test and failed that question