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Levart [38]
3 years ago
5

Which method of forecasting analyzes historical data and involves a panel of experts A. Time series analysis B. Cost-benefit ana

lysis C. Delphi method D. Sales force estimation method E. Moving averages method
Business
1 answer:
defon3 years ago
4 0

Time series analysis method forecast historical data and involves a panel of experts

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Powell Company had the following errors over the last two years: 2019: Ending inventory was overstated by $58,500 while deprecia
erastovalidia [21]

Answer:

-$27,800

Explanation:

When the inventory closing balance is overstated, the cost of goods sold is understated and as such the net income which is posted to the retained earnings will be overstated . When an expense is overstated, the net income is understated and so is the retained earnings.

The net overstatement of inventory across the two periods

= $58,500 - $10,500

= $48,000

The net overstatement of depreciation across the two periods

= $24,800 - $4,600

= $20,200

Adjustments to retained earnings

= - $48,000 + $20,200

= -$27,800

7 0
3 years ago
In a competitive market, all of the choices along the production possibility frontier display .efflctency, whrle the spectfic chor
Alja [10]

Answer:

Productive; Allocative

Explanation:

The production possibility frontier shows the various combinations of two products that a limited resource.can produce.

So in competitive markets any choice along the PPF shows productive efficiency (where increased production of one good leads to reduced production of the other).

A specific choice by society on the PPF is allocatively efficient (concerned with consumer satisfaction, consumers choose which good will most satisfy them).

8 0
3 years ago
All that blooms provides environmentally friendly lawn services for homeowners. its operating costs are as follows. depreciation
babunello [35]

To get the break-even point, the Total Cost must equal to the Total Revenue or Profit. The Total Cost is the sum of Fixed Costs and Incremental Costs. Fixed costs are depreciation, advertising and insurance which is equal to $5,871 per month. Incremental Costs are weed and feed materials, direct labor, and fuel which is equal to $32 per lawn. The Marginal Revenue is equal to $89 per lawn. Letting “N” to be the break-even point in number of lawns, the break-even equation becomes: $5,871 + $32N = $89N. Then calculating N, the break-even number of lawns is equal to 103.

4 0
3 years ago
An esop: allows an owner to transfer all or part of his company to the employees as gradually or as quickly as he chooses. works
Serggg [28]
All the options given above about ESOP are TRUE. ESOP is an acronym for Employee Stock Ownership Plan. ESOP is an employee benefit plan designed as an investment stock shares in the sponsoring employer's company. In this type of arrangement, the company has the liberty to transfer the company to its employees at its own discretion. ESOP is only practicable in companies whose pre-tax profits is greater than $100,000 and whose employees are at least twenty in number.
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3 years ago
Which of the following statements reflects the nature of the global economy of the twenty-first century? question 6 options: a n
OlgaM077 [116]
The global economy of the 21st century can be summarized as: <span>an economic system that is more favorable for international business. Trade and imports are at an all time high, especially into the United States from places like China, Japan, and Hong Kong.</span>
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