Use the table food and beverage sales for luigis italian

Assignment Help Accounting Basics
Reference no: EM13583102

Use the table "Food and Beverage Sales for Luigi's Italian Restaurant" to answer the questions below.

Food and Beverage Sales for Luigi's Italian Restaurant

($000s)

Month

First Year

Second Year

January

218

237

February

212

215

March

209

223

April

251

174

May

256

174

June

216

135

July

131

142

August

137

145

September

99

110

October

117

117

November

137

151

December

213

208

 

Part (a): Calculate the regression line and forecast sales for February of Year 3.
Part (b): Calculate the seasonal forecast of sales for February of Year 3.
Part (c): Which forecast do you think is most accurate and why?

Reference no: EM13583102

Questions Cloud

First you will describe and reflect on your leadership : choose a situation where you served as a leader. ideally choose a business situation such as leading a project or
Choose at random a direction which will keep you on dry : suppose you are standing on the bank of a straight river.a choose at random a direction which will keep you on dry land
Steve sims started a consulting business on january 1 2012 : steve sims started a consulting business on january 1 2012 and the business engaged in the following transactions
Nancy gave her grandson sean twenty acres of land her tax : nancy gave her grandson sean twenty acres of land. her tax basis in the land was 25000. nancys marginal tax rate for
Use the table food and beverage sales for luigis italian : use the table food and beverage sales for luigis italian restaurant to answer the questions below.food and beverage
The european union scientific committee on food conducted a : the european union scientific committee on food conducted a study last year and found that while caffeine levels in
Use the mean absolute deviation mad and mean square error : use the table television sales time series to answer the questions below.television sales time seriesin
Aunt lucys candies sells standard and premium chocolate : aunt lucys candies sells standard and premium chocolate candies through its catalog business. many of the candies are
All what does ifrs require for external reports also why : all what does ifrs require for external reports? also why would most companies use absorption costing for their

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

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