If a Quarterly Seasonal Index Is 0

question 70

Multiple Choice

If a quarterly seasonal index is 0.56, it implies that:

• A) the quarter's sales are 56% above the yearly average.
• B) the quarter's sales are 56% of the year total sales.
• C) the other three quarter percentages will total 44%.
• D) the quarter's sales are 56% of the yearly average.
• E) the quarter's sales are 56% below the yearly average.

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