To arrive at an objective forecast of revenues

Assignment Help Financial Accounting
Reference no: EM13793350

Blue Enterprises has determined that three variables play a key role in determining company revenues. To arrive at an objective forecast of revenues for the next accounting period, Wesley should use:

a. simple regression.

b. the high-low method.

c. multiple regression.

d. a scatter diagram.

 

e. complex regression.

Reference no: EM13793350

Questions Cloud

What is the geographic target of the ad : What is the geographic target of the ad
How many shares of common stock were authorized : At the time of this filing, how many shares of common stock were authorized? Issued and outstanding? Were any dividends issued in 2012? Which inventory valuation method do they use? Who are their independent auditors? Whose is the 1st signature on th..
Write a paper on causes on not keeping a personal budget : Write a paper on the causes and effects on not keeping a personal budget. The paper will be presented to the communicaions department of the company so they can create budget forms for customers.
Question regarding the infamous stamp act : In 1765, Parliament passed the infamous Stamp Act. How oppressive was the Stamp Act? How Radical were the responses to the Stamp Act? Was it the beginning of the American Revolution? Why or why not?
To arrive at an objective forecast of revenues : Blue Enterprises has determined that three variables play a key role in determining company revenues. To arrive at an objective forecast of revenues for the next accounting period, Wesley should use:
Which employees do most customers associate with a company : Which employees do most customers associate with a company
Variable and fixed cost per unit amounted : A review of Parrish Corporation's accounting records found that at a volume of 118,000 units, the variable and fixed cost per unit amounted to $8 and $3, respectively. On the basis of this information, what amount of total cost would Parrish anticipa..
Weaknesses of the articles of confederation : Name four weaknesses of the Articles of Confederation and the effects they had on the United States?
Only variable costs and fixed costs : Bowman, Inc., has only variable costs and fixed costs. A review of the company's records disclosed that when 200,000 units were produced, fixed manufacturing costs amounted to $1,000,000 and the cost per unit manufactured totaled $19. On the basis of..

Reviews

Write a Review

Financial Accounting Questions & Answers

  Johnson realty bought a 2000- hectare island for 10000000

johnson realty bought a 2000- hectare island for 10000000 and divided it into 200 equal size lots.as the lots are sold

  Why normal floors available to the tax payer

A taxpayer suffers a casualty loss on personal use property for which he has insurance coverage. However, to avoid a premium adjustment, the taxpayer fails to make a timely claim. In this situation is the full deduction for the casualty, after th..

  How are shares that have not yet been issued included

How many additional shares of common stock could Carnival Corporation sell? How are shares that have not yet been issued included in the company’s balance sheet? Do they represent an asset of the company?

  Inventory to meet customer demand

Is the company's inventory turning over at a satisfactory rate and why or why not? Does the company maintain an adequate level of inventory to meet customer demand?

  The computer workstation furniture manufacturing that

the computer workstation furniture manufacturing that santana rey started january is progressing well. as of the end of

  Operating expenses-cost of goods sold-gross profit

Sales revenue – cost of goods sold – operating expenses = net income. Operating expenses – cost of goods sold = gross profit. Net income + operating expenses = gross profit

  Recording journal entries and preparation of balance

recording journal entries and preparation of balance sheet.the post-closing trial balances of two proprietorships on

  What will the economist suggest the leaders

What will the economist suggest the leaders order their citizens to do in order to change from a centrally planned economy to a market economy?

  What are the tax consequences

Hobby expenses - Effect on A.G.I. C is a successful attorney and stock car racing enthusiast. This year she decided to quit watching the raaces and start participating. She purchased a car and entered several local races. Indicate the tax consequence..

  What is the maximum amount of the distribution

Gander determines that a $500,000 distribution to its shareholders is appropriate at some point during the year, what is the maximum amount of the distribution that could potentially be treated as a dividend?

  Prepare the income statement for 2013

Transaction spreadsheet for 2013 using the data of events for 2013 identified as 1-10 and the additional information a-d and prepare the Income Statement for 2013 - Prepare the statement of shareholders' equity, balance sheet, and statement of cash f..

  Identify the type of lease involved for the lessee

Identify the type of lease involved for the lessee and the lessor, and give reasons for your classifications and prepare all the journal entries for both the lessee and the lessor for 2007 and 2008.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd