Answer:
The quarterly sales forecast for 2021, using the seasonal index approach:
Estimated 2021 Sales
Q1 52
Q2 191
Q3 17
Q4 140
Total 400
Explanation:
a) Data and Calculations:
Annual demand for 2020:
2020 Sales Estimated 2021 Sales
Q1 30 52 (30/230 * 400)
Q2 110 191 (110/230 * 400)
Q3 10 17 (10/230 * 400)
Q4 80 140 (80/230 * 400)
Total 230 400
b) The seasonal index approach uses an average to compare an actual observation relative to an estimated observation based on the removal of annual seasonal variations.
Answer:
I think the answer should be .b.charge your roommate at least $50 but no more than $100 to keep you from complaining about the mess
Answer:
a. start with output and then determine the resources necessary to create that output.
Explanation:
Activity-based budgets start with output and then determine the resources necessary to create that output.
Answer:
d. The Fiedler theory made the assumption that new leaders could take over as situations change, whereas in the path-goal theory, leaders change their behaviours to match the situation.
Explanation:
Fiedler's theory of leadership is based on the assumption that the leaders can be different and their effectiveness can be measured as when the the situation changes. Accordingly he prefers new management to a new situation, rather than the old one.
Whereas the path goal theory of leadership is based on the assumption and study that allows the managers to change in their behaviours as and when their situation demands. This provides for better working environment and encouragement for employees.
Answer:
$487,400
Explanation:
Equity which represents the amount owed to the owners of the business includes retained earnings (which is the accumulation of the net income/loss over the years less dividends paid) and common shares.
The total shareholders’ equity at the end of Year 1
= $442,400 + $98,000 + $1,000 - $54,000
= $487,400
Common stock, net gain on available-for-sale investments in debt securities and report net profit increases the shareholder's equity while dividend paid reduces it hence the signs assigned.