Which of the Following Methods for Calculating Sales Forecasts Is

question 103

Multiple Choice

Which of the following methods for calculating sales forecasts is a subjective method?

• A)Market test
• B)Decomposition
• C)Jury of executive opinion
• D)Statistical demand analysis
• E)Exponential smoothing

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Definitions:

In-The-Black

A financial term indicating that a business is making a profit, as opposed to being "in the red" which means it is incurring losses.

Quick Ratio

A liquidity metric that indicates a company's capacity to pay its current liabilities without needing to sell inventory, calculated as (cash + marketable securities + accounts receivable) / current liabilities.

Current Assets

Assets that are expected to be converted into cash, sold, or consumed within a year or within the business's operating cycle.

Current Liabilities

Obligations or debts that a company must pay within a year.