The Marcus Motel uses the moving average approach to forecast its rooms sales for each week and linear regression for forecasting its food sales. The moving average approach utilizes the most recent five weeks of actual data. An adjustment is made for extremes as follows: If during the five weeks the actual rooms sold for a week differ by more than 30 percent from the budgeted room sales for that week, the actual is considered to be an extreme. In such case, the extreme is ignored and the budgeted number of rooms sold is used in its place.

For each example identify the most appropriate ctso

Oliver's company is planning the launch of their hybrid cars. the company has included "never-before-seen" product benefits in the hybrid cars. which type of advertising should oliver's company use for the new cars?

On january 2, well co. purchased 10% of rea, inc.’s outstanding common shares for $400,000, which equaled the carrying amount and the fair value of the interest purchased in rea’s net assets. well did not elect the fair value option. because well is the largest single shareholder in rea, and well’s officers are a majority on rea’s board of directors, well exercises significant influence over rea. rea reported net income of $500,000 for the year and paid dividends of $150,000. in its december 31 balance sheet, what amount should well report as investment in rea?