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ASHA 777 [7]
3 years ago
7

Forecast error a. is associated with measuring forecast accuracy. b. takes a positive value when the forecast is too high. c. ca

nnot be zero. d. cannot be negative.
Business
1 answer:
rusak2 [61]3 years ago
5 0

Answer:

The correct answer is a. is associated with measuring forecast accuracy

Explanation:

Measurement error can be defined as the difference between a measured value and a true value. If we transport this to the business environment, in our demand forecasts, and in the most general sense, we can define forecast error as the comparison between the forecasted value and the real value.

Their calculation allows us to make decisions against which forecasting method is the best and they manage to detect when something in our demand forecast is not going well, with which we manage to change the direction of our decisions in order to make the best choices.

There will always be an error in the calculation of a demand forecast. In practice, we try to minimize both types of errors by choosing the best forecasting method, and that is why there is an error measurement in demand forecasts.

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LIBOR is A. a resource used in production. B. an interest rate paid on Eurodollar loans in the London market. C. an interest rat
zubka84 [21]

Answer:

B. an interest rate paid on Eurodollar loans in the London market.

Explanation:

London InterBank Offered Rate (LIBOR)

This is simillar to the federal funds rate.

It is a rate at which banks offer fonds to other banks, thus "interbank", for short-term loans.

It is generallyaccepted to evaluate and compare interest rate and indicate the borrowing cost between banks.

<u> It is based on five currencies:</u>

  • the US dollar
  • the euro
  • the British pound
  • the Japanese yen
  • and the Swiss franc

<u>Also, there are LIBOR for different maturities:</u>

  • overnight,
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3 0
3 years ago
On January 1, 2018, Crane Corp. changed its inventory method to FIFO from LIFO for both financial and income tax reporting purpo
vagabundo [1.1K]

Explanation:

Data provided in the question

Change in the inventory = $1,030,000

i.e Opening inventory = $1,030,000

Income tax rate = 35%

So, the cumulative effect in the year 2018 is

Opening inventory   $1,030,000

Less: income tax rate i.e 35% -$360,500

Balance                         $699,500

This balance would be addition to the beginning balance of the retained earning statement

                   

3 0
3 years ago
You are bullish on Telecom stock. The current market price is $40 per share, and you have $8,000 of your own to invest. You borr
Marrrta [24]

The rate of return if the price of Telecom stock goes up by 6% during the next year is 8.00%

What is rate of return?

The rate of return on the bullish strategy is the return on the stock minus the interest on the borrowing.

The share price increase of 6% means the total amount invested would increase by 6%

new value of investment=$16000*(1+6%)

new value of investment=$16,960

interest on borrowing=4%*$8000

interest on borrowing=$320

Gain on investment=new value of investment-initial investment-interest on borrowing

Gain on investment=$16,960-$16,000-$320

Gain on investment=$640

rate of return=gain on investment/equity investment

rate of return=$640/$8000

rate of return=8.00%

Find out more about rate of return on:brainly.com/question/18716615

#SPJ1

7 0
1 year ago
Computer-mediated learning products-whether they are guided practice exercises, tutorials, simulations, games, hypertext, multim
enot [183]
The tutor and students. a computer system is a medium it's about business ethics class
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3 years ago
What are the resources og microeconomics?
VikaD [51]

Answer:

resources like land, tools, money, time, labor and enterprise

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2 years ago
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