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The Carbondale Hospital is considering thepurchase of a new ambulance. The decision will rest partly on theanticipated mileage to be driven next year. The miles driven duringthe past 5 years are as follows. Year Mileage 1 2,9002 4,0003 3,2004 4,4005 3,700
(a) Forecast the mileage for next year using a2-year moving average.
(b) Find the MAD for your forecast in part(a).
(c) Use a weighted 2-year moving average withweights of .4 and .6 to forecast next year's mileage. (Theweight of .6 is for the most recent year.)
What is the MAD of this forecast?
(d) Compute the forecast for year 6 usingexponential smoothing, an initial forecast for year 1 of 2,900miles.
Sales amount is 20000; 29000;37000;44000; or 50000 (resp). How much advertising would you use if the cost of producing the item is $23.60 per item?
The floor space of Rocky's residence is 2,500 square feet, and he estimates that 20% of this is devoted exclusively to the repair business. Gross income from the business is $12,000, while expenses (other than home office) are $5,000. Expenses rel..
Make the adjusting entry to shift the current installment of the long-term note payable to a current liability. Also accrue interest expense at year end.
Kramer Company values its inventory by using the retail method(LIFO basis, stable prices). The following information is available for the year 2010.
Assume this company uses the FIFO method of process costing and direct material is added uniformly throughout the process. What are the equivalent units produced of direct material?
Explain the auditor's responsibility for discovery of subsequent events occurring after completion of fieldwork but before issuance of the audit report.
Prepare the journal entries for each transaction above regarding the conversion of the bonds (using book value method), and the retirement of the bonds.
A foreign currency transaction gain will be recognized by a U.S. company when it has a receivable from a foreign company
Prepare the necessary journal entry to close the overhead account if the balance is considered immaterial. Prepare the necessary journal entry to close the overhead account if the balance is considered material.
On October 10, 1981, the general fund of Warsaw repaid to the utility fund a loan of $1000 plus $40 interest. The loan had been made earlier in the fisacal year. Prepare JE for Government-based and fund-based financial statements.
Describe situations where you have effectively demonstrated each of the forms of communication mentioned. What did you do to help you communicate effectively?
What are the pros and cons to Toyota of issuing its financial statements according to U.S. GAAP?
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