Recession
A. Increase cash
B. Decrease cash
Which should be included in a cash budget?
A. Depreciation and sales
B. Depreciation and payments received
Cost of non-current assets and sales
D. Cost of non-current assets and payments received
What is the two year moving average for 20X4?
A. $16,000
B. $15,325
C. $15,663
D. $15,587
Using the multiplicative model, what is the 20X1 quarter three seasonal variation using a 3 quarter moving average?
A. 0.34
B. 0.73
C. 0.85
D. 1.36
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