Answer:
weighted moving average
Explanation:
Of all these 4 options, the weighted moving average is the most accurate, as it is possible to place specific weights according to their significance.
The other techniques, such as an average, straight line, or exponential curve, assume things. The weighted average can change to any form.
However, the weighted average can be complicated to use if a long time frame is taken.
Additionally, the consumer will most likely want to adjust the weights as time periods pass. That will contribute to the complexity of applying the methods to a wide range of applications, such as predicting inventory item demand.
Hence, the first option is correct
Answer:
1. Dr Cash 10000
Cr Common stock 10000
2. Dr equipment 12000
Cr Cash 4000
Cr Accounts payable 8000
3. Dr Accounts payable 2400
Cr Cash 2400
4.a) Dr Retained Earning 500
Cr Dividend payable 500
b) Dividend payable 500
Cash 500
Explanation:
b.
Cash Common Stock
_Dr_______ Cr_____ Dr______________Cr_____
10000 --- 4000 --- 10000
--- 2400
--- 500
Equipment Accounts payable
Dr____________Cr____ _Dr_______________Cr______
12000 --- 2400 ---- 8000
Retained Earning Dividend Payable
Dr______________Cr_______ Dr__________________Cr___
500 ---- 500 -- 500
Trial Balance
Cash 3100 - 10000 Common Stock
Equipment 12000 - Dividend payable
- 5600 Account payable
Retained earning 500 -
Total 15600 = 15600 Total
Answer:
Explanation:
a.)
Amount deposited ; PV = 2,500
Monthly interest rate; r = 3.25% / 12 = 0.2708% or 0.002708 as a decimal
Duration of investment ; n = 5 months
Use future value formula to find the accumulated amount by the end of the 5th month;
FV = PV *(1+r)^n
= 2,500* (1.002708)^5
= 2,500 * 1.01361
= 2,534.025
Therefore, the account will have $2,534.03
b.)
Compound interest is the interest earned on the initial amount deposited(Principal) and on the accumulated interest already earned.
The compound interest is therefore total future value minus the initial amount invested;
= $2,534.03 - 2,500
= $34.03
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