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2 years ago

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________ for forecasting relies on the assumption that underlying relationships in the past will continue into the future, resul

ting in its simplicity as a method but inaccuracy in times of change.

1 answer:

Nitella [24]2 years ago

7 0

Answer: The answer is Trend extrapolation

Explanation:

You might be interested in

Which of the following are the two most important sources of contract law?

nadezda [96]

Answer:

The correct answer is B

Explanation:

Contract Law is the law or an agreement among the private parties establishing the mutual obligations which is enforceable by law. The basic or primary elements are required for the agreement or contract to be legally enforceable agreement are expressed by a acceptance and valid offer, legality, mutual assent and adequate consideration.

The two most vital sources of the contact law are Statutory Law (The Uniform Commercial Code) and the Case law.

6 0

3 years ago

Converse Florists & Co. reported assets of $ 1 comma 200 and equity of $ 350. What is its debt ratio? (Round your percenta

Bas_tet [7]

Answer:

70.83%

Explanation:

Given that,

Company's assets = $1,200

Equity = $350

Dept = Reported assets - Company's equity

= $1,200 - $350

= $850

Dept ratio = (Debt ÷ Total assets) × 100

= ($850 ÷ $1,200) × 100

= 0.7083 × 100

= 70.83%

Therefore, the Dept ratio of Converse Florists & Co. is 70.83%.

7 0

3 years ago

What type of economy is an economic system in which private businesses can operate freely with minimal state control

kkurt [141]

Market economy is the economic system which private businesses can operate freely with minimal state control

7 0

3 years ago

Read 2 more answers

MacDonald Products, Inc., of Clarkson, New York, has the option of (a) proceeding immediately with production of a new top-

Romashka-Z-Leto [24]

Answer:

The EMV for option a is $5,679,100

The EMV for option b is $5,719,200

Therefore, option b has the highest expected monetary value.

Explanation:

The EMV of the project is the Expected Money Value of the Project.

This value is given by the sum of each expected earning/cost multiplied by each probability.

So

a) proceeding immediately with production of a new top-of-the-line stereo TV that has just completed prototype testing.

There are these following probabilities:

77% probability of selling 100,000 units at $610 each.

23% probability of selling 70,000 units at $610 each.

So

$EMV = 0.77*E_{1} + 0.23*E_{2}$

$E_{1} = 100,000*610 = 6,100,000$

$E_{2} = 70,000*610 = 4,270,000$

$EMV = 0.77*E_{1} + 0.23*E_{2} = 0.77*(6,100,000) + 0.23*(4,270,000) = 5,679,100$

(b) having the value analysis team complete a study.

There are these following probabilities:

74% probability of selling 85,000 units at $720.

26% probability of selling 70,000 units at $720.

The cost of value engineering, at 120,000. So this value is going to be dereased from the EMV.

$EMV = 0.74*E_{1} + 0.26*E_{2} - 120,000$

$E_{1} = 85,000*720 = 6,120,000$

$E_{2} = 70,000*720 = 5,040,000$

$EMV = 0.74*E_{1} + 0.26*E_{2} - 120,000 = 0.74*6,120,000 + 0.26*5,040,000 - 120,000 = 5,719,200$

4 0

3 years ago

A contract in which a buyer takes goods primarily for resale, with a right to return any goods that fail to sell, is a sale on a

Jobisdone [24]

<span>This question is actually false. The type of contract described is actually a Sale or Return. When negotiating a Sale or Return, it is useful to define a period in which the goods will be returned if they are not satisfactory. It is also useful to have a requirement that the goods be returned unaltered and undamaged.</span>

7 0

3 years ago