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lord [1]
3 years ago
10

A forecast is defined as a(an) Select one: A. set of observations on a variable measured at successive points in time. B. quanti

tative method used when historical data on the variable of interest are either unavailable or not applicable. C. prediction of future values of a time series. D. outcome of a random experiment.
Business
1 answer:
Brilliant_brown [7]3 years ago
8 0

Answer:

The correct answer is option C.

Explanation:

Forecast is the prediction of future values of a time series.

Forecast in literal sense means prediction or estimate.

Forecast is based on the examination of a systematic data in time series, which reflects some past behavior and future predictions are made on the basis of that.

Time series can be described as the sequence of observations regarding a variable which is recorded over a certain time period.

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Summary financial information for Paragon Company is as follows. Dec. 31, 2014 Dec. 31, 2013 Current assets $ 203,600 $ 254,000
beks73 [17]

Answer:

Current assets:

Amount = 2014 value - 2013 value

             = $203,600 - $254,000

             = -($50,400) (Negative)

percentage changes = \frac{Amount}{2013\ value}\times100

                                    = \frac{50,400}{254,000}\times100

                                    = (19.84)%

Plant assets:

Amount = 2014 value - 2013 value

             = $1,397,000 - $831,700

             = $565,300

percentage changes = \frac{Amount}{2013\ value}\times100

                                    = \frac{565,300}{831,700}\times100

                                    = 67.96%

Total assets:

Amount = 2014 value - 2013 value

             = $1,600,600 - $1,085,700

             = $514,900

percentage changes = \frac{Amount}{2013\ value}\times100

                                    = \frac{514,900}{1,085,700}\times100

                                    = 47.42%

6 0
3 years ago
Select the correct statement regarding the contribution margin ratio. Multiple Choice The contribution margin ratio equals contr
Art [367]

Answer:

The contribution margin ratio can be calculated using either total amounts or per unit amounts.

Explanation:

Contribution margin ratio = \frac{Contribution\:per\:unit}{Selling\:price\:per\:unit}

This can even be done by \frac{Total\:Contribution\:}{Total\:Sales}

This will calculate contribution as a percentage of Sales, with this margin ratio we get break even sales value, and not the units.

Whenever there is an increase in variable cost it decreases the contribution.

Therefore, correct statement is

The contribution margin ratio can be calculated using either total amounts or per unit amounts.

8 0
3 years ago
A conversion strategy whereby an organization uses the new system with select users/parts of the organization until issues are r
hoa [83]

Answer:

A) Pilot strategy

Explanation:

Under a pilot strategy, before a new system is fully implemented, it is first subjected to testing under a given situation by using it in selective parts of the organization , to assess it's compatibility with the situation or if the system requires necessary changes.

This could also be a kind of experimentation to evaluate the feasibility of a system before deciding upon it's final implementation.

If the system under consideration matches the desired results, the organization proceeds with it's full implementation in the entire organization.

If not, necessary changes need to be incorporated in the system.

5 0
4 years ago
I need help please! <br> what do you think is positive about franchises in general? negative?
mote1985 [20]

It may seem that franchise has many benefits since it allows for a person to open and operate a business without much knowledge of how to run a business and generally franchises are well advertised so not much marketing costs are needed, however negative impacts are much more, since you need to pay lifetime percentages for sales and operating under franchise as well as there is no room for creativity and too much dependence on a big business. Also the funds needed to open a franchise are much higher than same business but operating independently. So negative side is prevailing.

7 0
4 years ago
Based on your interpretation of your responce to the survey questionaire what does this reveal about your interest in engaging t
Gwar [14]

Answer:

Answer:

I realized that sports is my thing, although I'm not that athletic. I always have a blast whenever I'm engaging in sports. I also like watching it on television.

I fell in love with sports because exercise is good for our health. Engaging in sports also help improve my mood and boost my energy.

#BrainliestBunch

7 0
3 years ago
Read 2 more answers
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