The forecasted ADR in 2012 based on the exponential smoothing model is 70.27$ among the group of choices.
<h3>The purpose of forecasting</h3>
Businesses can improve their adjustments if they have knowledge of both current data and predictions for the future. Forecasts assist firms in modifying their existing operations and streamlining their plans to change prospective outcomes.
<h3>What is the forecasting procedure?</h3>
Making predictions based on historical and current data is the process of forecasting. Later, these might be contrasted (resolved) with what transpires. An organization can, for instance, forecast its revenue for the following year and then contrast that projection with the actual outcomes. Similar but more generic is the phrase "prediction."
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Answer:
d. cut spending equal to the reduction in tax revenue
Explanation:
Recession is basically a period of temporary economic decline where people usually buy less and less trade happens. When this happens, the government loses TAX revenue (money coming in from taxes) so a good way for govt. to balance the budget (amount that govt needs for spending on different areas) is to cut spending equal to the reduction in tax revenue (the reduction came about due to recession)
In other words, reduce spending by x dollars (here x dollar represents the lost tax revenue.
Answer:
Debt Salaries payable is $8800
Credit Salaries expense is $8800
Explanation:
given data
earn unpaid and unrecorded salaries = $8,800
paid = $22,000
to find out
journal entry to reverse the effect
solution
here journal entry to reverse the effect January 1 journal entry to reverse the effect of the December 31 salary expense accrual is as
particular debt credit
Salaries payable $8800
Salaries expense $8800
as here unpaid salaries of December is paid in January
I believe that the bonds issued by the U.S government are the saving bonds. Corporate bonds are bonds issued by corporations in order to raise money for business expansion. Junk bonds are types of bonds that are lower rated however, they are potentially higher-paying. Municipal bonds are bonds issued by a state or local government for the purpose of financing social amenities and infrastructure such as improvements of highways, state buildings, libraries, parks and schools.
Answer:
gain will treat as capital gain at long term tax rate
Explanation:
given data
bought shares = 1,000
stock for = $60.59 per share
sold = $82.35 per share
solution
as gain from sale of stocks is held for an investment purpose and it is treated as capital gain
when stock is here held for more than year
so gain is taxed as long term capital gain
and when gain is less than year than gain taxed short term capital gain
but here we have given stock for more than year
so here gain will treat as capital gain at long term tax rate
