The Table Below Shows the Sales for a Plastics Manufacturer

question 19

Short Answer

The table below shows the sales for a plastics manufacturer recorded over the past year. The seasonal indexes for each quarter are also provided. To track the trend for these four quarters, use the indexes to deseasonalize the sales data Overall, sales are:

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Definitions:

Pre-Acquisition Entry

An accounting entry made to record the assets and liabilities of a company before it is officially acquired by another entity.

Direct Non-Controlling Interest

A portion of equity interest in a subsidiary not directly held by the parent company but rather through a direct subsidiary.

Indirect NCI

Stands for Indirect Non-Controlling Interest, which refers to the ownership interest in a company held by investors that do not have control or significant influence over the company.

Direct NCI

Direct non-controlling interest (NCI) refers to the portion of equity in a subsidiary not held directly by the parent company, giving those external shareholders a proportional share of the entity's net assets and profits.