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3 years ago

An advantage of statistical forecasting methods is that

1 answer:

7 0

Hey there,

Answer:

Under the right circumstances, they provide predictions that are much more accurate than judgmental methods.

Hope this helps :D

~Top♥

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Why does location matter?

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4 years ago

You are starting a lawn care business. Which of the following would be a needed land resource?

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3 years ago

Mitchell wants a notation in his credit report indicating that he has been victimized by an identity thief. Identify what he nee

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3 years ago

Read 2 more answers

You and your roommate are eating pizza and have already consumed all but the last slice. Your roommate claims that he is hungrie

kozerog [31]

Answer:

The correct answer is (B) An interpersonal utility comparison

Explanation:

Solution

Interpersonal utility comparison: refers to the summation of utility functions of different persons determined on the utility functions being comparable with each other; informally, individuals' choices must be evaluated with the same standard.

The ability to produce a social welfare function depends decisively on the ability to contrast utility functions.

In this case your roommate made an Interpersonal utility comparison.

6 0

3 years ago

Van Den Borsh Corp. has annual sales of $68,735,000, an average inventory level of $15,012,000, and average accounts receivable

Romashka-Z-Leto [24]

Answer:

The answer is d. -32 days.

Explanation:

*The before change cash conversion cycle = Days of inventory outstanding + Days of receivables outstanding - Days of payable outstanding.

in which:

Days of inventory outstanding = Average inventory / Cost of good sold x 365 = ( 15,012,000 / ( 68,735,000 x 0.85) ) x 365 = 94 days

Days of receivables outstanding = Average Receivables / Revenue x 365 = ( 10,008,000 / 68,735,000 x 365 = 53 days

Days of payable = 30 days

=> Before change cash conversion cycle = 117 days.

* The after-change cash conversion cycle is calculated with the same formula, however with estimated changes be applied in the formula as followed:

Days of inventory outstanding = Average inventory / Cost of good sold x 365 = ( (15,012,000 - 1,946,000) / ( 68,735,000 x 0.85) ) x 365 = 82 days

Days of receivables outstanding = Average Receivables / Revenue x 365 = ( (10,008,000 - 1,946,000) / 68,735,000 x 365 = 43 days

Days of payable = 40 days

=> After-change cash conversion cycle = 82 + 43 - 40 = 85 days

=> Net change is 85 - 117 = -32 days

6 0

3 years ago