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what would be the forecasted value of cash and equivalents for June-09 with an estimated total revenue of 92,520? a. $3,843.65 b. $4,073.95 c. $4,274.76
what would be the forecasted value of cash and equivalents for June-09 with an estimated total revenue of 92,520?
a. $3,843.65 b. $4,073.95 c. $4,274.76 d. $4,409.84 e. $4,685.49
equivalents the dependent variable. ere total revenues is the independent variable and cash & 1 2 Date Total Revenue Cash & Equivalen 3 June-08 4 June-07 5 June-06 6 June-0s 7 June-04 so consider the following results: Cash vs Revenues 83,620 77,192 68,683 56,978 51,562 3,344 5,359 6,757 6,391 4,247 Cash vs Revenues 8,000 7,000 y-0.0332x + 7463.2 R" = 0.0965 6,000 5,000 4,000 3,000 2,000 1,000 Cash & Equivalents Linear (Cash & Equivalents) 50,000 100,000 Total RevenueStep by Step Solution
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