Lorton's Web Services Has Assets of $265,000 and Liabilities of $130,000.Calculate

question 169

Short Answer

Lorton's Web Services has assets of $265,000 and liabilities of $130,000.Calculate the amount of equity.

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Definitions:

Disaggregate Forecasts

Breaking down aggregate forecasts into more detailed, specific forecasts for individual products, locations, or time periods.

Standard Deviation

A statistical measurement that sheds light on the dispersion of a dataset, indicating how much individual data points differ from the mean.

Error Relative

A measure of the difference between an observed or calculated value and the true value, often expressed as a percentage.

Causal Forecasting Methods

Forecasting techniques that assume relationships between the item being forecasted and other variables, such as promotional campaigns or economic conditions, to predict future trends.