Which judgmental method takes the most current sales and adds a judgmentally determined x percent, where x is the estimated percentage change in sales?
A) Linear extrapolation
B) Naïve extrapolation
C) Exponential smoothing
D) Moving averages
B
Business
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The financial ratio measured as earnings before interest and taxes, plus depreciation, divided by interest expense, is the:
A. cash coverage ratio. B. debt-equity ratio. C. times interest earned ratio. D. gross margin. E. total debt ratio.
Business
The journal entry to record $1,600 of direct labor and $200 of indirect labor incurred will include debit(s) to the ________
A) Manufacturing Overhead account for $1,800 B) Work-in-Process Inventory account for $1,600 and Finished Goods Inventory account for $200 C) Finished Goods Inventory account for $1,800 D) Work-in-Process Inventory account for $1,600 and Manufacturing Overhead account for $200
Business