Answer:
less than $1 million.
Explanation:
According to my research, I can say that based on the information provided within the question this next change is likely to save less than $1 million. We can predict this since the first change saved $1 million but was a reduction of 3%, the second change is a reduction of 2% so it will most likely not reach 1$ million in savings
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Answer:
$227,272
Explanation:
Ending inventory at base-year retail prices =
Ending inventory at current-year retail prices
÷The current-year price index
Ending inventory at current-year retail prices $250,000
The current-year price index 1.10
Hence:
$250,000÷1.10
=$227,272
Answer: Inflation
Explanation:
Time series data are refer to those taken over a period of years with a minimum of four years being satisfactory. The data shown will have variations that fall under four major components being;
- Trend - Data that moves in a predictable fashion and so can be used to predict future behavior.
- Cycles - The variation here follows the business cycle or its own.
- Random Variables - Cannot be predicted.
- Seasonal - These follow a chronological pattern.
Only Inflation does not fall here.
Answer:
$15,000
Explanation:
Realized gain is the profit that is exceeded from the expense for a particular years. Realized loss is the loss that resulted from the excessive expense.
To determine the net realizable gain or loss, we can use the following formula -
Realizable Gain (loss) = Sale amount of tangible assets + mortgage purchasing - purchase price
Given,
Sale amount of tangible assets = $30,000
purchase price = $85,000
mortgage purchasing = $70,000
Putting the value into the formula, we can get-
Realizable Gain (loss) = $30,000 - $70,000 - $85,000
Therefore, Realizable Gain (loss) = $15,000