THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION

question 8

Multiple Choice

THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION:
The table below shows the corporate earnings percentage of an enterprise for 5 years.
The company's forecaster uses the 4-period centered moving average to remove the seasonality component.

-Determine the seasonally adjusted value for x₁.

• A)117.70
• B)0.4259
• C)0.3399
• D)91.58

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Definitions:

Depreciation Tax Shield

A reduction in taxable income resulting from the allowance for depreciation expenses, which ultimately decreases tax liabilities.

Tax Rate

The percentage at which an individual or corporation is taxed, which can be applied to income, property, sales, and other taxes.

Cash Expenses

Outflows of cash during a particular period for operational activities, excluding non-cash expenses like depreciation.