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3 years ago

What is a qualitative forecasting model, and when is its use appropriate?

1 answer:

4 0

Qualitative forecasting model is a subjective technique based on opinions, judgement, emotions and personal experiences of consumers, used to forecast future data as a past function. This method does not rely on any mathematical computations or calculations. It is mainly used when a situation is vague or little data exists about a new product or technology.

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On October 1, Eder Fabrication borrowed $60 million and issued a nine-month promissory note. Interest was payable at maturity. I

7nadin3 [17]

Answer:

cash 55,110,929 debit

note payable 55,110,929 credit

--to record singing of promissory note with discounted interest--

interest expense 1.583.741,77 debit

note payable 1.583.741,77 credit

--to record accrued interest on note payable --

Explanation:

the note plus interest will be for 60 millions.

So to calcualte the isuance ofthe note we must calculate the present value of a lump sum at 12% discount rate:

$\frac{Maturity}{(1 + rate)^{time} } = PV$

Maturity 60,000,000.00

time 0.75

rate 0.12

$\frac{60000000}{(1 + 0.12)^{0.75} } = PV$

PV 55,110,929.18

then at December 31th we solve for the accrued interest:

$Principal \: (1+ r)^{time} = Amount$

Principal 55,110,929.18

time 0.25 (3 months over 12 month a year)

rate 0.12000

$55110929.18154 \: (1+ 0.12)^{0.25} = Amount$

Amount 56,694,670.95

accrued interest: 56,694,670.95 - 55,110,929.18 = 1.583.741,77

8 0

4 years ago

Which of the following scenarios illustrates cost-push inflation?(1 point)

Crazy boy [7]

Answer:

1. Inflation is best described as _____.

- an upward, general trend of prices in the economy

2. Which of the following scenarios illustrates cost-push inflation?

- An increase in the price of raw materials decreases aggregate supply, pushing prices higher throughout the economy.

3. The Consumer Price Index in 2018 was 251. In 2019, the CPI rose to 257. Calculate the inflation rate from 2018 to 2019. Round your answer to the nearest tenth of a percent.

- 2.4%

4. The Consumer Price Index of any given year provides _____.

- the relative price of a basket of consumer goods as compared to base year prices

5. The rate of inflation in a hypothetical economy is projected to be 1.5% in the coming quarter. Given this information, the Federal Reserve is likely to _____.

- make efforts to raise the inflation rate because 1.5% is below the desired rate of inflation

Explanation:

Mark me braliest

These are 100% correct

3 0

2 years ago

A salesperson shows his broker an offer for one of his listings that has a good faith deposit in the form of a promissory note.

12345 [234]

Answer:

The seller must be informed when the offer is presented that the depositis a promissory note

Explanation:

A good faith deposit is one that is done by a buyer in which conditions are stated that could result in the loss of deposit by the buyer.

It is a deposit made by the buyer to show he intends to complete the payment later.

In this instance if there is a Goodwill deposit in form of a promissory note, the broker needs to be aware.

So that when he is bringing in a client he will consider the already existing deposit.

Deals that offer more deposit or full payment will be considered and the original buyer discarded.

8 0

3 years ago

In an open economy, gross domestic product equals $2,450 billion, consumption expenditure equals $1,390 billion, government expe

N76 [4]

Answer:

$735 billion

Explanation:

Calculation to determine the national saving

Using this formula

National saving =Gross domestic product-Consumption expenditure-Government expenditure

Let plug in the formula

National saving=$2,450 billion-$1,390 billion- $325 billion

National saving=$735 billion

Therefore the national saving is $735 billion

7 0

3 years ago

Balance Sheet Below are items that may appear on the balance sheet. Required: Match each item with its appropriate classificatio

JulijaS [17]

Answer:

Item Classification

1. Buildings - Property, plant, and equipment

2. Copyright - Intangible assets

3. Supplies - Current assets

4. Unearned service revenue - Current liabilities

5. Prepaid insurance - Current assets

6. Common stock - Contributed capital

7. Rent payable - Current liabilities

8. Accounts receivable - Current assets

9. Allowance for doubtful accounts - Retained earnings

10. Bonds payable - Long-term liabilities

Explanation:

A. Current assets - Assets that exist for a period not exceeding 12 months such as supplies.

B. Property, plant, and equipment - Assets of a Physical Nature that are expected to be used for more than a year.

C. Intangible assets - Assets that do not have a physical nature and are expected to be used for more than a year.

D. Current liabilities - Short term obligation due within a period of 12 months.

E. Long-term liabilities - Long term obligations due within a period exceeding 12 months.

F. Contributed capital - Capital raised by owners of the company excluding reserves attributed to them.

G. Retained earnings - Amounts set aside out of profits that are distributable to the shareholders of the company. Therefore Incomes and expenses are found here.

3 0

3 years ago