Qualitative forecasting model is a subjective technique based on opinions, judgement, emotions and personal experiences of consumers, used to forecast future data as a past function. This method does not rely on any mathematical computations or calculations. It is mainly used when a situation is vague or little data exists about a new product or technology.
Business agents are most needed when local members work on projects and move between employers.
<h3 /><h3>What is a Business Agent?</h3>
Corresponds to a professional position where an individual is responsible for running a business of a company for the time, conditions and responsibilities provided for by a contract.
This professional can act in different ways in an organization or a group, being a project leader, financial manager, carrying out negotiations, being public relations of the company and others, depending on the needs of the company in question.
Therefore, a business agent is a positive way for a company to achieve a certain objective, such as a project with a certain time to start and end, being the agent responsible for managing the course of actions for the company to achieve its objectives and goals.
Find out more about business agent here:
brainly.com/question/7284696
#SPJ1
Answer:
normal credit balance
Explanation:
The accumulated depreciation is the sum of all the depreciation that has been allotted to an asset over the period of use. Depreciation is the systematic allocation of expense to an asset.
To account for it,
Debit depreciation
Credit Accumulated depreciation.
As such, accumulated depreciation which is netted off the cost of an asset to get the asset's net book value is a normal credit balance.
Answer:
Explanation:
going by the given question above,
a)As the annuity pay is beginning of each year, it is annuity due
b)Present value(P)=$ 1.5/3 million= $ 0.5 million= $ 5*105
Periodic Payment When PV is known
i=0.072/4=0.018
N=5*4=20
x=(1+i)N-1=(1+0.018)19=1.403
A=5*105 / [ ((1- (1/1.403))/0.018)+1]
A=$ 29,485
Annuity pay at the starting of each quarter is $ 29,485
Answer:
1. $8,000
2. $20,000
3. $16,000
Explanation:
The computation is shown below using the double-declining balance method:
First we have to find the depreciation rate which is shown below:
= One ÷ useful life
= 1 ÷ 6
= 0.16667
Now the rate is double So, 0.3333%
In year 1, the original cost is $36,000, so the depreciation is $12,000 after applying the 33.33% depreciation rate
And, in year 2, the ($36,000 - $12,000) × 33.33% = $8,000
1. So the depreciation expense is $8,000
2. Accumulated depreciation is
= $12,000 + $8,000
= $20,000
3. And, the book value is
= $36,000 - $20,000
= $16,000
