What do we understand by seasonality?

What will be an ideal response?

Answer: For many firms, sales are seasonal, i.e., they are not evenly distributed over all months but are concentrated in some months more than others. This is called seasonality of sales.

Business

You might also like to view...

Most commodity futures are traded on the NYSE Amex

Indicate whether the statement is true or false.

Business

The return on assets compares ________ to average total assets during the year

a. net operating income b. net income c. net sale d. net cash flow

Business