Members of certain social groups are privileged in our society

Which of the following is a true statement?

A. Meals are never deductible as a business expense. B. An employer can only deduct half of any meals provided to employees C. The cost of business meals must be reasonable D. A taxpayer can only deduct a meal for a client if business is discussed during the meal. E. None of these is true.

A company has developed a linear trend regression model based on 16 quarters of data. The independent variable is the measure of time (t = 1 thru 16 where quarter 1 is winter quarter, 2 is spring, etc.)

The company has also developed seasonal indexes for each quarter as follows: Winter Spring Summer Fall 1.20 1.00 0.70 1.10 The linear trend forecast equation is: y= 120 + 56t. Given this information, what is the seasonally unadjusted forecast for period 19? A) 1,064 B) 1,184 C) 828.80 D) 986.7