Seasonalized Forecasts 27. A computer manufacturer wants to develop next year's quarterly forecasts of sales revenues for its line of personal computers. The company believes that the most recent eight quarters of sales should be representative of next year's sales Sales (millions of dollars) Sales (millions of dollars) Year Ouarter Year Ọuarter 9.2 5.4 4.3 14.1 2 10.3 6.4 5.4 16.0 2 4 4 Use seasonalized time series regression analysis to develop a forecast of next year's quarterly sales revenues for the line of personal computers

The gomez company, a merchandising firm, has budgeted its activity for december according to the following information: • sales at $500,000, all for cash. • merchandise inventory on november 30 was $250,000. • the cash balance at december 1 was $20,000. • selling and administrative expenses are budgeted at $50,000 for december and are paid for in cash. • budgeted depreciation for december is $30,000. • the planned merchandise inventory on december 31 is $260,000. • the cost of goods sold represents 75% of the selling price. • all purchases are paid for in cash. the budgeted cash disbursements for december are:

Suppose jamal purchases a pair of running shoes online for $60. if his state has a sales tax on clothing of 6 percent, how much is he required to pay in state sales tax?

On january 1, eastern college received $1,350,000 from its students for the spring semester that it recorded in unearned tuition and fees. the term spans four months beginning on january 2 and the college spreads the revenue evenly over the months of the term. assuming the college prepares adjustments monthly, what amount of tuition revenue should the college recognize on february 28?