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Elan Coil [88]
3 years ago
6

MARS Chocolate Company is making an estimate of the amount of candy it expects to sell during the Christmas season based on a sp

ecified level of marketing effort. The method MARS uses for forecasting sales includes all of the following except
a. executive judgments.
b. correlation analyses.
c. surveys of buyers or sales personnel.
d. time-series analyses.
e. financial ratios.
Business
1 answer:
andre [41]3 years ago
5 0

Answer:

The correct answer is (E)

Explanation:

MARS chocolate company will apply all the methods except financial ratios. Financial ratios cannot be used to forecast future sales in this specific situation. Financial ratios are used to analyse, and examine the current financial strength of an organisation, and it helps to compare the financial situation of a company. Financial ratios are used specifically for comparison between organisation’s current and preceding financials.  

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The ________ is determined by the amount by which government spending exceeds government revenue in a fiscal year. budget defici
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4 years ago
Effie Company uses a periodic inventory system. Details for the inventory account for the month of January, 2021 are as follows:
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Answer:

Ending inventory : $868

Explanation:

FIFO (First-In-First-Out) is a method of inventory valuation where the inventory that is received first is sold first. In other words, the earliest inventory is used first. This is common for perishable inventory such as fruits and vegetables which if not used fast, will be wasted.

01/01/21 : Beginning Inventory : 200 units x $5 = $1000

01/15/21 : Purchases : 100 units x $5.3 = $530

01/28/21 : Purchases : 100 units x $5.5 = $550

Total units = 200 + 100 + 100 = 400 units

Units sold = Total inventory available for sale - ending inventory

= 400 - 160 = 240 units.

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Beginning Inventory : 200 units x $5 = $1000

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Cost of goods sold : $1000 + $212 = $1212

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When a country that imports shoes imposes a tariff on shoes, buyers of shoes in that country become worse off.
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Big Canyon Enterprises has bonds on the market making annual payments, with 12 years to maturity, a par value of $1,000, and a p
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Answer:

6.32%

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Therefore, the coupon rate on the bonds must be 6.32%.

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