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What is the primary assumption behind the experience approach to forecasting?
The experience approach to forecasting is relies on the assumption that things will happen a fixed way in the future as they happened that way in the past. For example, if it has all the time taken you fifteen minutes to drive to the grocery store, then you will almost certainly assume that it will take you approximately fifteen minutes the next time you drive to the store. Likewise, financial managers often assume sales, expenses, or earnings will grow at fixed rates in the future as they grew at that rate in the past.
How would you judge the potential profit of Bajaj Electronics on the first year of sales to Booth Plastics and give your views to increase the profit.
As of November 1, 1999, the exchange rate in between the Brazilian real and U.S. dollar is R$1.95/$. The agreement forecast for the U.S. and Brazil inflation rates for the next 1-y
PEST analysis Political for instance political culture, bureaucracy of regulating competition Economic for instance exchange rates, interest rates, taxation or busines
State the Analytical procedures at the planning stage Auditors must apply analytical procedures at the planning stage to help in understanding the entity's business, in identi
conflicts between shareholders and government in agency relationship
How to compare minimax and maximin with figures and commentary ?
You've just won a huge $100 million lottery. You've decided to invest your winnings in the following way: $30 million in real estate, $30 million in corporate bonds and $40 mil
Compare and contrast the book value and liquidation value per share for common stock. Is one method more reliable? Explain. The Book Value of a firm's common stock is institute
Purchasing and discounting of bills is the most important, from in which a bank lends without any collateral security. Present day commerce is build upon credit. The seller draws a
Deficiency in Design - This exists when a control essential to meet the control objective is missing or an existing control isn't properly designed so that even if control operates
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