Instruction 14-3
the Number of Cases of Merlot Wine Sold

question 200

Short Answer

Instruction 14-3
The number of cases of merlot wine sold by a Barossa Valley Winery in an eight-year period follows.
$\begin{array}{ll}\text { Year } &\text { Coses of }\\& \text { Wine } \\2003 & 270 \\2004 & 356 \\2005 & 398 \\2006 & 456 \\2007 & 358 \\2008 & 500 \\2009 & 410 \\2010 & 376\end{array}$


-Referring to Instruction 14-3,a centred five-year moving average is to be constructed for the wine sales.The moving average for 2008 is_______.

Calculate the amount of discount applied to transactions.

Determine the cash discount expiry date based on payment terms.

Calculate payment amounts to meet specific outstanding balance goals.

Understand the scope and application of Title VII of the Civil Rights Act of 1964 and its impact on employment discrimination.

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Definitions:

Disposable Income

The amount of income available to households after taxes and social security charges have been deducted, available for spending or saving.

Consumption

The total amount of goods and services consumed by households and organizations within an economy.

Autonomous Consumption

The level of consumption that occurs when income is at zero, representing the expenditures that consumers must make even when they have no income.

Disposable Income

The fiscal resources available to households for allocation towards saving and spending post income tax adjustments.