MYLAB EXCELLENCE IN BUSSI COMM ETEXT
12th Edition
ISBN: 9780135854907
Author: BOVEE
Publisher: PEARSON
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Chapter 15, Problem 15.12E
Summary Introduction
To determine: - A better action verb for the given statement.
Introduction: - Choosing a better phrase or action verb and rewriting “Was a manager of a department with seven employees working for me”.
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Swifty Corporation's trial balance reported the following normal balances at the end of its first year:
Cash $14440
Prepaid insurance 530
Accounts receivable 2660
Accounts payable 2130
Notes payable 3190
Common stock 4100
Dividends 530
Revenues 22040
Expenses 13300
What amount did Swifty Corporation's trial balance show as total credits?
A. $31460
B. $32520
C. $30930
D. $31990
Consider the following gasoline sales time series. If needed, round your answers to two decimal digits.
Week
Sales (1,000s of gallons)
1
17
2
21
3
19
4
23
5
18
6
16
7
20
8
18
9
22
10
20
11
15
12
22
(a)
Show the exponential smoothing forecasts using α = 0.1, and α = 0.2.
ExponentialSmoothing
Week
α = 0.1
α = 0.2
13
(b)
Applying the MSE measure of forecast accuracy, would you prefer a smoothing constant of α = 0.1 or α = 0.2 for the gasoline sales time series?
An smoothing constant provides a more accurate forecast, with an overall MSE of .
(c)
Are the results the same if you apply MAE as the measure of accuracy?
An smoothing constant provides a more accurate forecast, with an overall MAE of .
(d)
What are the results if MAPE is used?
An smoothing constant provides a more accurate forecast, with an overall MAPE of .
Monty Inc., a major retailer of high-end office furniture, operates several stores and is a publicly traded company. The company is currently preparing its statement of cash flows. The comparative statement of financial position and income statement for Monty as at May 31, 2020, are as
The following is additional information about transactions during the year ended May 31, 2020 for Monty Inc., which follows IFRS. Plant assets costing $69,000 were purchased by paying $47,000 in cash and issuing 5,000 common shares. In order to supplement its cash, Monty issued 4,000 additional common shares. Cash dividends of $35,000 were declered and paid at the end of the fiscal year.
create direct method cash flow statement, show your work
Chapter 15 Solutions
MYLAB EXCELLENCE IN BUSSI COMM ETEXT
Ch. 15 - Prob. 1CACh. 15 - Prob. 2CACh. 15 - Prob. 1LOCCh. 15 - Prob. 2LOCCh. 15 - Prob. 3LOCCh. 15 - Prob. 4LOCCh. 15 - Prob. 5LOCCh. 15 - Prob. 6LOCCh. 15 - Prob. 7LOCCh. 15 - Prob. 8LOC
Ch. 15 - Prob. 9LOCCh. 15 - Prob. 10LOCCh. 15 - Prob. 11LOCCh. 15 - Prob. 12LOCCh. 15 - Prob. 13LOCCh. 15 - Prob. 14LOCCh. 15 - Prob. 15LOCCh. 15 - Prob. 16LOCCh. 15 - Prob. 17LOCCh. 15 - Prob. 18LOCCh. 15 - Prob. 19LOCCh. 15 - Prob. 20LOCCh. 15 - Prob. 21LOCCh. 15 - Prob. 15.1AYKCh. 15 - Prob. 15.2AYKCh. 15 - Prob. 15.3AYKCh. 15 - Prob. 15.4AYKCh. 15 - Prob. 15.5AYKCh. 15 - Prob. 15.6PYSMFACh. 15 - Prob. 15.8ECh. 15 - Prob. 15.9ECh. 15 - Prob. 15.10ECh. 15 - Prob. 15.11ECh. 15 - Prob. 15.12ECh. 15 - Prob. 15.13ECh. 15 - Prob. 15.14ECh. 15 - Prob. 15.15ECh. 15 - Prob. 15.16ECh. 15 - Prob. 1EYSCTPCh. 15 - Prob. 1SYCKO
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