Forecast for July, using a 4-period weighted moving average. Assume the following weights: 0.4; 0.3; 0.2; and 0.1

Month Actual Demand
January 480
February 520
March 535
April 550
May 590
June 630

a. More than 0 but less than or equal to 500
b. More than 500 but less than or equal to 545
c. More than 545 but less than or equal to 600
d. More than 600 but less than or equal to 650
e. None of the choices are correct

Answer:

c. More than 545 but less than or equal to 600

Explanation:

The computation is shown below:

Forecast for July is

= 0.4 × June + 0.3 × May + 0.2 × April + 0.1 × Mar

= 0.4 × 630 + 0.3 × 590 + 0.2 × 550 + 0.1 × 535

= 592.5

So, it is more than 545 but lower than or equal to 600

Therefore the option c is correct

Suppose you invest $250,000 in an annuity that returns 5 annual payments, with the first payment one year from now and each subsequent payment growing by 6%. At an interest rate of 7%, how much is the first annual payment you receive

Bo decides to establish a fund that it will use 10 years from now to replace an aging production facility. The company will make a $100,000 initial contribution to the fund and plans to make quarterly contributions of $50,000 beginning in three months. The fund earns 12%, compounded quarterly. What will be the value of the fund 10 years from now

how nike meet the needs of their customers ?​

Companies Heidee and Leaudy have the same sales, tax rate, interest rate on their debt, total assets, and basic earning power. Both companies have positive net incomes. Company Heidee has a higher debt ratio and, therefore, a higher interest expense. Which of the following statements is CORRECT? Explain your selection with at least 200 words.

a. Company Heidee has more net income.
b. Company Heidee pays less in taxes.
c. Company Heidee has a lower equity multiplier.
d. Company Heidee has a higher ROA.
e. Company Heidee has a higher times interest earned (TIE) ratio.

Hurdzan, Inc., has a 30-day average collection period and wants to maintain a minimum cash balance of $20 million, which is what the company currently has on hand. The company currently has a receivables balance of $196 million and has developed the following sales and cash disbursement budgets (in millions):

Q1 Q2 Q3 Q4
Sales $441 $513 $594 $558
Total cash disbursement 368 465 720 456


Required:
Wrtie down cash budget for the company.

For a market to be competitive:______.
a. each buyer and seller is small, relative to the whole market; no single decision maker has any influence over the market price.
b. the price must be a fair price.
c. sellers should have substantial pricing power.
d. all you need are many buyers and many sellers

The prepaid insurance account had a beginning balance of $8,540 and was debited for $530 for premiums paid during the year. Journalize the adjusting entry required at the end of the year, assuming the amount of unexpired insurance related to future periods is $6,010.

A pre-determined overhead rate includes:_____.
a. estimated total manufacturing overhead cost in the numerator.
b. only the fixed portion of the estimated manufacturing overhead cost in the numerator.
c. only the variable portion of the estimated manufacturing overhead cost in the numerator.
d. estimated total manufacturing overhead cost in the denominator.

A successful lease agreement is created so that both the lessee and lessor reap some benefits. Tax and depreciation write-offs are some critical reasons for leasing, but there are several other qualitative reasons for leasing. Below are two situations in which a firm must decide whether to lease or to buy a particular asset. Based on your understanding of the advantages to leasing from a qualitative perspective, what is the firm likely to do in each situation—lease or buy? Assume all other quantitative factors remain constant.

Compnay #1:
Win Jet Corp. is a private-jet charter company. Due to increased demand during the summer, it needs to add three more jets to its fleet. Win Jet is more likely to ___________
Compnay #2:
Kiran owns a medium-sized printing business. She owns three one-color (black) printers and needs a color printer for volume print production. She wants to keep the operating expenses related to the color printer low, so she should ____________ a color printer.

what is goal formulation?? explain the goal formulation process​

Ellen Co. has offered their customers a 1% discount off the amount owed if they pay within 15 days of receiving their bill. Handler Company owed Ellen Co. $2,185 as of May 1st and paid Ellen Co. on May 7th. How much cash did Handler Company send to Ellen Co. on May 7th?

Assume you are planning to invest $7,923 each year for six years and will earn 10 percent per year. Determine the future value of this annuity due problem if your first $7,923 is invested now. (Round answer to 0 decimal places.)

The journal entry for a sale on account under the periodic inventory system includes: Multiple choice question. a debit to sales and a credit to accounts receivable a debit to accounts receivable and a credit to sales a debit to cost of goods sold and a credit to merchandise inventory a debit to cost of goods sold and a credit to merchandise inventory; and a debit to accounts receivable and a credit to sales

A U.S. firm must make a payment of 1 million yen to a Japanese firm that has sold the U.S. firm sets of Japanese baseball-player trading cards. The U.S. firm begins with a dollar checking account. Explain in detail how this payment would be made, including the use of the spot foreign exchange market and banks in both countries.

You own a stock portfolio invested 32 percent in Stock Q, 22 percent in Stock R, 19 percent in Stock S, and 27 percent in Stock T. The betas for these four stocks are 1.63, 1.35, 2.56, and 0.68, respectively. What is the portfolio beta? Enter the answer with 4 decimals (e.g. 1.1234)

The adjusted trial balance of Parsons Company at December 31, 2020, includes the following accounts: Common Stock $15,600, Dividends $7,000, Service Revenue $37,000, Salaries and Wages Expense $16,000, Insurance Expense $2,000, Rent Expense $4,000, Supplies Expense $1,500, and Depreciation Expense $1,300.

Required:
Prepare an income statement for the year.

Gentle Ben's Bar and Restaurant uses 6,700 quart bottles of an imported wine each year. The effervescent wine costs $4 per bottle and is served only in whole bottles because it loses its bubbles quickly. Ben figures that it costs $25 each time an order is placed, and holding costs are 15 percent of the purchase price. It takes three weeks for an order to arrive. Weekly demand is 134 bottles (closed two weeks per year) with a standard deviation of 30 bottles. Ben would like to use an inventory system that minimizes inventory cost and will provide a 95 percent service probability.

Required:
a. What is the economic quantity for Ben to order? (Round your answer to the nearest whole number.)
b. At what inventory level should he place an order? (Round your answer to the nearest whole number.)

Wally owns 200 acres of land.Wally offers to sell the land to Robert for $1,500 per acre.Robert replies that he does not need 200 acres of land but would like to buy 40 acres at $1,500 per acre.Wally agrees to sell but does not identify which 40 acres.Later,Wally refuses to sell any land to Robert.What is the result?
A) Robert wins; this is an enforceable contract with complete and definite terms.
B) Robert wins; the UCC will decide which 40 acres are to be sold.
C) Wally wins; the original offer was not intended to be an offer but merely an invitation to negotiate.
D) Wally wins; this agreement is too indefinite since it does not identify which 40 acres are to be sold.

Garson, Inc. produces three products... Garson, Inc. produces three products. Data concerning the selling prices and unit costs of the three products appear below:
Product
F G H
Selling price $100 $ 80 $110
Variable costs $60 $50 $65
Fixed costs $10 $5 $7
Milling machine time (minutes) 10 6 5
Fixed costs are applied to the products on the basis of direct labor hours. Demand for the three products exceeds the company's productive capacity. The milling machine is the constraint, with only 2,800 minutes of milling machine time available this week.
Required:
a. Given the milling machine constraint, which product should be emphasized?
b. Assuming that there is still unfilled demand for the product that the company should emphasize in part (a) above, up to how much should the company be willing to pay for an additional hour of milling machine time?

Boeing has equipment with a carrying amount of $2,400,000. The expected future net cash flows from the equipment are $2,445,000, and its fair value is $2,040,000. The equipment is expected to be used in operations in the future. What amount (if any) should Torque report as an impairment to its equipment?
A) No impairment should be reported.
B) $360,000
C) $45,000
D) $405,000

On October 1, Ebony Ernst organized Ernst Consulting; on October 3, the owner contributed $82,650 in assets in exchange for its common stock to launch the business. On October 31, the company’s records show the following items and amounts.

Cash $15,200 Cash dividends $460
Accounts receivable 12,410 Consulting revenue 12,410
Office supplies 1,770 Rent expense 2,140
Land 46,080 Salaries expense 5,300
Office equipment 16,450 Telephone expense 750
Accounts payable 6,060 Miscellaneous expenses 560
Common stock 82,650

Required:
Using the above information prepare an October income statement for the business.

Swifty Corporation began the year with retained earnings of $102000. During 2022, the company issued $80000 of common stock for cash. The company recorded revenues of $743000, expenses of $672000, and paid dividends of $40000. What was Swifty's net income for the year 2022

Additional information: During the year, $70 of common stock was issued in exchange for plant assets. No plant assets were sold in 2020. Prepare a statement of cash flows using the indirect method. (Show amounts that decrease cash flow with either a - sign e.g. -15,000 or in parenthesis e.g. (15,000).)

On January 1, 2019, Brooks Inc. borrows $90,000 from a bank and signs a 5% installment note requiring four annual payments of $25,381. The first installment payment is made on December 31.

Required:
Write down the necessary journal entry

By offering more generous unemployment insurance programs, European countries can expect Group of answer choices longer periods of unemployment for their workers. shorter periods of unemployment for their workers. workers to gain new skills quickly in response to fluctuations in the labor market. to pay less in taxes than in the United States.

An unfunded pension liability is reported on the balance sheet as a(n) a.current liability or a long-term liability, depending upon when the pension liability is to be paid. b.long-term liability. c.current liability. d.owners' equity.

Use following information to answer Q31-Q35
A firm produces output according to the following function: q = f(L,K) = L0.5K0.5 . The cost of labor is $4 per hour and the rental cost of capital is $12 per hour. The production function exhibits
A. constant returns to scale.
B. increasing returns to scale.
C. decreasing retums to scale.
D. increasing returns to scale for small levels of output, then constant retums to scale, and eventually decreasing returns to scale as output increases,

During the month of March, Harley's Computer Services made purchases on account totaling $43,500. Also during the month of March, Harley was paid $8,000 by a customer for services to be provided in the future and paid $36,900 of cash on its accounts payable balance. If the balance in the accounts payable account at the beginning of March was $77,300, what is the balance in accounts payable at the end of March?
a. $6,600
b. $75,900
c. $83,900
d. $91,900

Following is selected financial information from General Mills Inc. for its fiscal year ended May 27, 2018 ($ millions). Cost of goods sold (COGS) $14,438.1 Cash from operating activities $3,977.4 Cash from investing activities (12,159.6) Noncash assets, end of year 42,315.0 Cash, end of year 558.6 Cash from financing activities* 7,668.2 Income tax expense 80.2 Total assets, beginning of year 30,537.6 Revenue 22,036.6 Total liabilities, end of year** 33,784.2 Total expenses, other than COGS 4,490.1 Stockholders' equity, end of year 9,089.4 and income tax * Cash from financing activities includes the effects of foreign exchange rate fluctuations. ** Total liabilities includes redeemable interest. a. Prepare the income statement for the year ended May 27, 2018. Note: Do not use negative signs with any of your answers. General Mills Income Statement ($ millions) For the year ended May 27, 2018 Answer Answer Answer Answer Answer Answer Answer Answer Answer Answer Answer Answer Answer Answer b. Prepare the balance sheet as of May 27, 2018. General Mills Balance Sheet ($ millions) May 27, 2018 Answer Answer Answer Answer Answer Answer Answer

Suppose that Dmitri, an economist from a research institute in Texas, and Frances, an economist from a public television program, are arguing over saving incentives. The following dialogue shows an excerpt from their debate: Frances: I think it's safe to say that, in general, the savings rate of households in today's economy is much lower than it really needs to be to sustain an improvement in living standards. Dmitri: I think a switch from the income tax to a consumption tax would bring growth in living standards. Frances: You really think households would change their saving behavior enough in response to this to make a difference.Because I don't. The disagreement between these economists is most likely due to _____. Depite their differences, with which proposition are two economists chosen at random most likely to agree? A. Employers should not be restricted from outsourcing work to foreign nations. B. Central banks should focus more on maintaining low unemployment than on maintaining low inflation. C. Business managers can raise profit more easily by reducing costs than by raising revenue.