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Microsoft Excel Was Used to Obtain the Following Quadratic Trend

question 54

Short Answer

Microsoft Excel was used to obtain the following quadratic trend equation: Sales = 100 - 10X + 15X2.
The data used was from 2004 through 2013 coded 0 to 9.The forecast for 2014 is .

Calculate goodwill and assess impairment losses for consolidated entities.
Prepare and interpret consolidated balance sheets, income statements, and statements of retained earnings incorporating subsidiary operations.
Understand the significance and treatment of non-controlling interests in consolidated financial statements.
Apply the cost method for investment accounting in parent and subsidiary relationships.

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