Answer:
D. All of the above.
Explanation:
Those stated are all concerned with cost accounting.
Answer:
3
Explanation:
Data provided in the question:
Sales for the last four months :
8, 10, 15, and 9 units
Last four forecast of sales:
9, 11, 8 and 12 units
Now,
The mean absolute deviation (MAD) value of these forecast will be calculated as:
MAD = [ ∑|Sales - Forecast sales| ] ÷ [ Total number of forecast ]
or
MAD = [ |8 - 9| + |10 - 11| + |15 - 8| + |9 - 12| ] ÷ 4
or
MAD = [ 1 + 1 + 7 + 3 ] ÷ 4
or
MAD = 12 ÷ 4
or
MAD = 3
Answer:
A
Explanation:
Lower class can not usually afford store like this. Hence why they are called lower class
Answer:
$5,070 billion
Explanation:
Given the following:
The real GDP in a year => $3,900 billion
The price index => 130,
The nominal GDP is measured as
=> 100 -130 = 30%
=> 30% × 3,900 = 1,170
=> 1,179 + 3,900 = 5,070
Therefore, in this case, the correct answer is $5,070 billion as the nominal GDP for the year.
