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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.
Illustration An investor with a 1-year investment horizon purchases a 20-year 5% corporate bond. The prevailing price of the bond is Rs.82.3488 for a yield of 6.2%
what is the relevance of virements to public sector accounting
Beta Beta is a measure of the market risk, or methodical risk, of a particular privacy or portfolio. Systematic risk defines any risk that influences the value of a huge numbe
Question : (A) The following data for the current year relate to a sterile pack purchased by the Apollo Hospital: Annual demand 90,000 units Ann
How can an industrial company inflate the value of its inventory so as to decrease net income and the taxes is has to pay that year? If a company increases the value of its inv
Memorandum Memo to: Blackwater plc Main Board. Subject: Proposed Pollution Control Project. From: Lower down the hierarchy. Date: That'll be the day. On purely non-
Explain the flow of goods and paper work in Diagram on Page 74 Ed. 10 [P. 70 in Ed. 9] of your textbook. Explain a. how the transaction would work without a Letter of Credi
Q. How to develop career strategy? in this step employees need to focus on developing the knowledge experience and skills necessary to market self to prospective organizations.
Explain Swap Dealer A swap dealer is a market maker of swaps and predicts a risk position in matching opposite sides of a swap and in making sure that every counterparty fulfil
Five Cs of Obtaining Credit The five crucial parts lenders examine previously issuing credit include: 1. Character. This is a calculation of the borrower's integrit
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