Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on May 28, 2024

A company is preparing its budgets for next year. The following regression equation has been found to be a reliable estimate of XYZ's de-seasonalised

A company is preparing its budgets for next year. The following regression equation has been found to be a reliable estimate of XYZ's de-seasonalised sales in units: y = 10x + 150 Where y = total sales units and x refers to the accountancy period. What is the expected figure for actual sales in accounting period 19? O a. 340 b. 255 c. 315 d. 150

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Managerial Economics

Authors: Mark Hirschey

12th edition

9780324584844, 324588860, 324584849, 978-0324588866

More Books

Students also viewed these Accounting questions

Question

1.The purpose of using a balanced scorecard is for: Multiple Choice A.companies to make sure their business activities align with strategy. B.companies to compare themselves with their competitors....

Answered: 1 week ago

Question

★★★★★

In mid-2008, Fresenius, a German manufacturer of dialysis equipment, acquired APP Pharmaceuticals for $4.6 billion. The deal includes an earn-out, under which Fresenius will pay as much as $970...

Answered: 1 week ago

Question

★★★★★

ACCOUNT Land ACCOUNT NO. ACCOUNT Buildings ACCOUNT NO. ACCOUNT Accumulated Depreciation-Buildings ACCOUNT NO. ACCOUNT Accumulated Depreciation-Equipment ACCOUNT NO. \begin{tabular}{r|l|c|c|c|c} Date...

Answered: 1 week ago

Question

★★★★★

In your opinion, to what extent should physicians emphasize the creation of a social support network for their patients?

Answered: 1 week ago

Question

★★★★★

For its most recent fiscal year, Carmichael Hobby Shop recorded EBITDA of $512,725.20, EBIT of $362,450.20, zero interest expense, and cash flow to investors from operating activity of $348,461.25....

Answered: 1 week ago

Question

★★★★★

The following financial statement information is for an investor company and an investee company on January 1, 2013. On January 1, 2013, the investor company's common stock had a traded market value...

Answered: 1 week ago

Question

★★★★★

Micro Company, owned by Alexi Blythe, showed these accounts and their corresponding normal balances on May 31, 2019. Account Titles Balance Blythe, Capital $23,380 Insurance Expense $1,220 $15,170...

Answered: 1 week ago

Question

★★★★★

ZENNY 40 mm (d) Calculate the power of the given gearset 80 mm Normal module m = 3mm Normal pressure angle n = 20 Helix angle Y = 25 Face width (2/3) b = 45mm Number of teeth N = 20 3 = 36 Quality...

Answered: 1 week ago

Question

★★★★★

Argyle Industrial has the following information for last year. Feet of metal input Labor hours Tons of output produced What is the partial productivity for metal? 235,000 24,000 15,000

Answered: 1 week ago

Question

★★★★★

The coffee industry continues to grow worldwide. From agriculture (growing of beans) to the production process to retailing to consuming, participants in the coffee industry seem to be increasing...

Answered: 1 week ago

Question

★★★★★

The sales budget of KK Garment Industries for the nine months ended 30-09-2019 follows: the table of data is attached through a picture and the additional information and requirement are given below...

Answered: 1 week ago

Question

★★★★★

Select a case study to use throughout the course to complete the assessments. Review the parameters for choosing your own case study and for selecting a predetermined case study. Once you have read...

Answered: 1 week ago

Question

★★★★★

2. Since the future is uncertain and uncertainty increases as more time elapses, investors should demand returns for assets with a longer maturity even if other terms are equal. The difference...

Answered: 1 week ago

Question

★★★★★

Write the given system without the use of matrices. D) - ()- d (x sin t + 8 (2+ 1)

Answered: 1 week ago

Question

★★★★★

Identify the types of country risk produced by legal systems. L01

Answered: 1 week ago

Question

★★★★★

Identify the types of country risk produced by political systems. L01

Answered: 1 week ago

Question

★★★★★

Describe the participants in political and legal systems. L01

Answered: 1 week ago

Previous Question Next Question