An economic forecast is a forecast that considers the business cycle by foreseeing planning indicators. a projection of the economy.
<h3>What do you mean by business forecasting?</h3>
A projection of an industry's or firm's future developments made using historical and current data trends and patterns is known as business forecasting.
Types of forecasting :
- Economic,
- the labor market, and
expectations are the three categories.
Thus,
The technique of forecasting the state of the economy using a variety of frequently used indicators is known as economic forecasting.
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Competitive advantages are conditions that allow a company or a country to produce a good or a service at equal value but at a lower price or in a more desirable fashion. If a firm is to maintain sustainable competitive advantage, it must control a set of exploitable resources that have four critical characteristics. These resources must be; valuable, rare, imperfectly imitable (tough to imitate) and also they should be non substitutable.
Answer:
Production= $353,500
Sales= $151,500
Explanation:
Giving the following information:
The annual cost of computer services is $505,000.
The production department employs 35 employees, and the sales department employs 15 employees.
First, we need to calculate the proportion of employees in each department:
Production= 35/50= 0.7
Sales= 15/59= 0.3
Now, we can allocate overhead:
Production= 505,000*0.7= $353,500
Sales= 505,000*0.3= $151,500
Answer:
$36,000 loss
Explanation:
net effect after taxes = [(operation's revenue - operation's expenses) - gain/loss resulting from sale] x (1 - tax rate)
= [($120,000 - $100,000) - $80,000] x (1 - 40%) = ($20,000 - $80,000) x 60% = -$60,000 x 60% = -$36,000 or $36,000 loss
Answer:
2.618%
Explanation:
Current annual interest rate on a HELOC = 3.85%
Tax rate = 32%
After-tax interest rate = Before tax interest rate * (1 - Tax rate)
After-tax interest rate = 3.85% * (1 - 0.32)
After-tax interest rate = 0.0385 * 0.68
After-tax interest rate = 0.02618
After-tax interest rate = 2.618%
So, the after-tax interest rate you will pay on any borrowings under the HELOC is 2.618%.