Main motive behind the experience approach to forecasting
Explain the main motive behind the experience approach to forecasting?
Expert
The experience approach to forecasting is mainly made on the assumption that the things might happen in a certain way in the future as the same happened that way in the past.
a) For illustration, if it always takes you fifteen minutes to reach the grocery store, then you will most likely presume that it will take you fifteen minutes the next time you go to the store.
b) In the same way, financial managers frequently presumes earnings, expenses and sales will rise at some particular rates in the future since they did the same in the past.
How are financial or economic variable represented by index?
What are the interest areas for financial managers when they go through pro forma financial statements?
Give explanation: Trade credit is free credit.
How are short or future option margins to be paid at credit risk?
At the beginning of the year of 1996, the yearly interest rate was 6 percent in the United States and 2.8 percent in Japan. At the time the exchange rate was 95 yen per dollar. Mr. Jorus, the manager of a Bermuda-based hedge fund, thought that the substantial
Letters of Credit: It is a binding document which a buyer can request from his bank in order to pledge that the payment for goods will be moved to the seller. Principally, a letter of credit provides the seller reassurance that he will obtain the paym
Society's interests can influence financial managers. Explain.
Explain the term Linear or non-linear in finite-difference methods.
Differentiate between compound interest and discounting.
From books of Aggarwal Bors, following information has been extracted: Rs. Sales 2,40,000 Variable costs 1,44,000 Fixed costs 26,000 Profit before tax 70,000 Rate of tax
18,76,764
1954509 Asked
3,689
Active Tutors
1452705
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!