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What is the primary assumption behind the experience approach to forecasting?
The experience act to forecasting is based on the assumption that things will happen a certain way in the future for the reason that they happened that way in the past. For illustration, if it has forever taken you fifteen minutes to drive to the grocery store, then you will probably suppose that it will take you about fifteen minutes the next time you drive to the store. Likewise, financial managers often presume expenses, sales, or earnings will grow at certain rates in the future because they grew at that rate in the past.
Q. Explain about Deferred Payment? suppose a person take a loan of a specified amount at a given rate of the interest. he wants to repay this loan together with the interest in
Telephone service costs the Eggleston Motor Hotel $250 per week. The business pays its phone service bill on the fifteenth day of each month, but it prepares its financial statemen
Explain the term- administration of decisions Conformance, compliance and efficiency This is focussed on the "administration of decisions" . Processes and procedures m
State the second element of capital budgeting decision The second element of capital budgeting decision is the analysis of risk and uncertainty. As the benefits from investment
Meaning of Returns The return from holding an investment over some period - say, a year, is simply any cash payments received due to ownership, plus the change in market price,
What is Face Value/ Par Value Value of security as mentioned on certificate of the security. Face values and par values are two terms that are used interchangeably. Corporate
Describe in brief about finance Managing this flow of funds resourcefully is the purview of finance. So we can describe finance as the study of the methods that help us plan,
Can a company have a default rate on its accounts receivable that is too low? Explain. A company could comprise a default rate on AR that would be referred too low if by liberal
While poverty reduction has become the main goal of development efforts, there is an on-going and sometimes heated debate about the elements that would be at the center of any sens
Pension funds Pension funds offers retirement income in the form of annuities to employees covered by a pension plan. They obtain contributions from employers or employees and
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