1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
bagirrra123 [75]
3 years ago
10

Bass new product forecasting model is used for estimating long term sales potential of a product True False

Business
1 answer:
kobusy [5.1K]3 years ago
7 0

Answer:

True

Explanation:

The Bass New forecasting model is a forecasting model that is commonly used to estimate the sales of a product at a certain in future and it is used for highly durable goods.

The bass new forecasting model wad developed by Frank Bass and it has a formula

<u> f ( t )   </u>    =   p + qF ( t )

1 - f ( t )

where:

f ( t )  is the change of the installed base fraction

F(t) is the installed base fraction

p is the coefficient of innovation

q is the coefficient of imitation

Cheers.

You might be interested in
In the long run, each firm in a competitive industry earns
madam [21]

Answer:

The correct answer is option B.

Explanation:

In a competitive industry there is no restriction on entry or exit of firms in the market. So, when in the short run the firms are enjoying super normal profits or positive economic profits, this would attract potential firms to join the industry in the long run.

As a result the industry supply will increase in the long run. The increase in supply would cause the price to fall. This would further contribute in reducing revenue and profit.

This process will continue till the profit is reduced to zero. If profit falls below zero, then firms incurring loss will exit the industry. Then again zero profits will be restored by reduction in supply and increase in price.

So, we can say that perfectly competitive firms will have zero economic profits or only normal profits in the long run.

5 0
3 years ago
Why do you think so many people borrow money for large purchases instead of using a sinking fund
sergey [27]
It is so they have more money for the business
6 0
3 years ago
Very urgent, i need this answered asap
inn [45]

Answer:

Yes they offer no fee but then they want payed for a small fee....... Aaaa business this days

8 0
3 years ago
Chadwick Enterprises, Inc., operates several restaurants throughout the Midwest. Three of its restaurants located in the center
zalisa [80]

Answer:

1. $2.5 million

2. $0

Explanation:

1. Since the book value is more than the generated future cash flows so book value cannot be recovered. In this case, the generated future cash flows are ignored  

In this scenario, we compare the values between book value and the fair value of machinery, the difference would be the loss on impairment of the asset

In mathematically,  

= Book value  - fair value

= $6.5 million  - $4.0 million

= $2.5 million

2. In this case, the sum of future cash flows is exceeded than the book value. So, no impairment loss would be recognized i.e zero amount

6 0
3 years ago
Analysis of a foreign subsidiary's financial statements denominated in Euro, its local currency, shows a growth rate in revenue
Maksim231197 [3]

Answer:

The appropriate answer is "Greater than 16%".

Explanation:

  • Throughout this situation, the country's currency of companies has shown a 16 percent raise, which means that the sales of the subsidiaries would increase more than 16 percent whenever represented among Us dollars.
  • As several currencies are increasing inside this valuation of the national currency, the transformation rate is greater than 16% as that the incidence increases.
8 0
3 years ago
Other questions:
  • A bank has $8,000 in deposits and $6,000 in loans. it has loaned out all it can given the reserve requirement. it follows that t
    6·1 answer
  • At a price of $3.50 per loaf, a bakery is willing to supply 450 loaves of bread per week. At a price of $4.00 per loaf, the bake
    8·1 answer
  • You are attending college in the fall and you need to purchase a computer. You must finance the purchase because your parents wi
    12·1 answer
  • The risk associated with the unlikelihood that one of the key members will be struck by lightning would most likely be handled b
    12·1 answer
  • If a tax on unhealthy food items like soda and candy bars causes people to purchase less of these items and eat more healthful a
    14·1 answer
  • On January 1, 2019, Ola Company paid $388,900 for a $400,000 face value 3% corporate bond yielding 4%, interest paid annually on
    11·1 answer
  • How did capitalism fuel industrialization?
    6·1 answer
  • Marginal analysis studies how individuals decide: a. whether to go to college. b. whether to live on the margin of society. c. h
    13·1 answer
  • Which of the following is a benefit of tracking the demographic information of a customer?
    12·2 answers
  • On Jordan's 20th birthday he decides to invest 10,000 that he has saved. He will not be adding any money to the initial investme
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!