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3 years ago

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

f ( t ) = 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.

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Wolverine, Inc. began operations on January 1 of the current year with a $12,400 cash balance. 45% of sales are collected in the

steposvetlana [31]

Answer:

$7,700 increase

Explanation:

We can determine the change in Wolverine's cash balance by deducting the cash disbursement and operating expenses from the cash receipts.\

Change in cash balance = Cash receipts - Cash disbursement - Operating expense

Change in cash balance = $48,000 - $33,800 -$6,500

Change in cash balance = $7,700

WORKING:

Cash Receipts

Sales

February ( 59,000 x 45%) $26,550

January ( 39,000 x 55%) $21,450

Total $48,000

Cash disbursement

Purchases

February ( 44,000 x 15%) $6,600

January ( 32,000 x 85%) $27,200

Total $33,800

Operating expenses

Incurred $9,400

Depreciation ($2,900)

Net $6,500

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3 years ago

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snow_tiger [21]

While most people consider blogs and wikis to be less than credible, in fact a lot can be learned from them. These types of sites are set up so anyone with access to the Internet can contribute, and make their thoughts and ideas public. Wikis are mostly factual accounts; while there may be some facts included, for the most part blogs consist of opinions and experiences.

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3 years ago

The difference between the actual amount paid and the standard price paid to purchase an item is called a

Ksivusya [100]

Answer:

Purchase Price Variance (PPV)

Explanation:

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3 years ago

Until this past century, infancy was the life-stage with the highest mortality rate. ______ was/were also a time of high risk, d

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The answer in the space provided is early childhood and toddler hood because they are likely to be prone to infectious disease as they are still young and have a weak immune system that made them susceptible to be associated with diseases that they could obtain easily.

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3 years ago

"carrie bought a house five years ago for $150,000. at that time she borrowed $140,000 from her bank. the house is now worth $16

vesna_86 [32]

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3 years ago