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Alex
4 years ago
7

A Boston Hallmark store is preparing a budget for the next year and needs to forecast sales. The store notices variation in sale

s around holidays. What pattern describes the data to be forecastedSeasonalityRationalityRoating
Business
2 answers:
rewona [7]4 years ago
8 0

Answer: seasonality

Explanation: seasonality describes a part of the year when something or a particular event happens or peaks that often is repeated. Seasonality is also defined as a predictable fluctuation that occurs in a business or economy during the course of a fiscal year and is essential in analyzing stocks and economic trends, determining certain business decisions etc. One of such example of seasonality is often seen in rising sales during holiday seasons.

Alex73 [517]4 years ago
6 0

The correct answer is A) Seasonality.

A Boston Hallmark store is preparing a budget for the next year and needs to forecast sales. The store notices variation in sales around holidays. The pattern that describes the data to be forecasted is "Seasonality."

This sales term means that during a specific season, the volume of sales increases due to the high demand on the part of the consumers. In this case, when Christmas comes, the Boston store has data that proves that there is a considerable positive variation during the Christmas season and that is why this variation must be included in the budget and the forecasting of sales in that season.

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A Security Classification Guide (SCG) is:
Rudik [331]

Answer: A Security Classification Guide (SCG) is part of the Program Protection Plan. A program protection plan is a document that keeps all protection efforts in one area for ease of use. This plan is used by the military to include all critical information by outlining content that may be needed in the event of protection.

8 0
3 years ago
Suppose that if your income is $100,000, your tax is $20,000, but if your income is $200,000, your tax is $45,000. Such a tax is
Ulleksa [173]

Answer:

"Progressive" would be the correct answer.

Explanation:

  • A Progressive tax was indeed determined by the capability of the tax authorities to charge or compensate. It wants to inflict a lower corporate rate of taxation on low-wage earners unlike those with maximum income levels.
  • This would be generally accomplished by establishing taxation levels for the group of tax-paying citizens based on income frequencies.

That is why the aforementioned seems to be the correct approach.

5 0
3 years ago
Solve for the unknown interest rate in each of the following (Do not round intermediate calculations. Enter your answers as a pe
allochka39001 [22]

Answer:

5.78%

6.59%

8.85%

11.40%

Explanation:

The formula for determining future value (FV) given present value is(PV) :

FV = PV (1 +r)^n

r = interest rate

n = number of years

1. $338 = $270 x (1 + r)^4

( $338 /$270)^0.25 = 1 + r

1.0577 = 1 +r

r = 1.0577 - 1

r = 5.78%

2. 1231 = 390 (1 + r)^18

(1231 / 390)^0.055556 = 1 + r

1.065941 =  1 + r

r = 1.065941 -  1

r = 6.59%

3. 210390 = 42000 (1 +r)^19

(210390 / 42000)^0.052632 =  (1 +r)

1.088505 = 1 + r

r = 8.85%

4.  613,284 = 41,261 (1 + r)^25

(613,284 / 41,261)^0.04 = (1 + r)

1.113999 = 1 + r

r = 11.40%

7 0
3 years ago
Wallis company manufactures only one product and uses a standard cost system. the company uses a predetermined plantwide overhea
ElenaW [278]

Answer:

Estimated manufacturing overhead rate= $10 per direct labor hour

Explanation:

Giving the following information:

estimated manufacturing overhead= $2,886,000

estimated direct labor dollars= 288,600

To calculate the estimated manufacturing overhead rate we need to use the following formula:

Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Estimated manufacturing overhead rate= 2,886,000/288,600= $10 per direct labor hour

8 0
4 years ago
Your best friend wants to borrow $2000 from you today for an emergency purchase they need to make that requires a cash payment.
kvasek [131]

Answer:

a. It is not a fair deal for me.

The question is how much is $1,000 today when received in 12 months' time from now.  The present value of $1,000 at 5% effective interest rate is $952 ($1,000 * 0.952).  The other repayment of $1,100 in 2 years' time from now is worth $997.70 today at the 5% effective interest rate.  This implies that my friend is repaying me $1,949.70 in present value terms.

For friendship sake, I may lend her the money, but in economic analysis terms, the NPV value will yield a negative value of $50.30 ($2,000 - $1,949.70).  My friend is not actually paying me back the amount I would lend to her.  She is paying me less than I actually would lend to her.

b. Cash Flow Diagram:

                 Year 1             Year 2

                    F1                F2

                 $1,000          $1,100     (Inflows)

Fo⇵.................⇵.......................⇵...........................⇵n period

Year 0

$2,000   (outflows)

Explanation:

The cash flow diagram for this loan is the graphical representation of the timing of the cash flows with a clear marking of the repayments made by my best friend in two instalments and the $2,000 that I lent to her.  This cash flow diagram presents the flow of cash as arrows on a timeline scaled to the magnitude of the cash flow, where outflows are down arrows and inflows are up arrows.

The Net present value (NPV) of this loan shows the difference between the present value of repayments by my best friend and the present value of $2,000 that I lent to her over a period of 2 years. To obtain this difference, the present values of cash inflows  of $1,000 in a year's time and $1,100 in two years' time are determined using the discount factor table based on the given interest rate of 5%.

6 0
4 years ago
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