Analysis of sales (the independent variable) to cash flows (the dependent variable) data for linear regression produces an intercept of -$124,666 and a slope of 0.1823. Which correctly explains the intercept value? If there were no sales in a given period, the firm would have net cash outflows of $124,666 that period The intercept of -$124,666 shows that sales and cash flows are negatively correlated The intercept of -$124,666 shows what sales will be when cash flows equal zero The break-even amount of sales for this organization is $124,666
Analysis of sales (the independent variable) to cash flows (the dependent variable) data for linear regression produces an intercept of -$124,666 and a slope of 0.1823. Which correctly explains the intercept value? If there were no sales in a given period, the firm would have net cash outflows of $124,666 that period The intercept of -$124,666 shows that sales and cash flows are negatively correlated The intercept of -$124,666 shows what sales will be when cash flows equal zero The break-even amount of sales for this organization is $124,666
Chapter2: International Flow Of Funds
Section: Chapter Questions
Problem 5IEE
Related questions
Question
- Analysis of sales (the independent variable) to
cash flows (the dependent variable) data for linear regression produces an intercept of -$124,666 and a slope of 0.1823. Which correctly explains the intercept value?
- If there were no sales in a given period, the firm would have net
cash outflows of $124,666 that period - The intercept of -$124,666 shows that sales and cash flows are negatively correlated
- The intercept of -$124,666 shows what sales will be when cash flows equal zero
- The break-even amount of sales for this organization is $124,666
Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
This is a popular solution!
Trending now
This is a popular solution!
Step by step
Solved in 2 steps
Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, accounting and related others by exploring similar questions and additional content below.Recommended textbooks for you
Principles of Accounting Volume 2
Accounting
ISBN:
9781947172609
Author:
OpenStax
Publisher:
OpenStax College
Auditing: A Risk Based-Approach (MindTap Course L…
Accounting
ISBN:
9781337619455
Author:
Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg
Publisher:
Cengage Learning
Principles of Accounting Volume 2
Accounting
ISBN:
9781947172609
Author:
OpenStax
Publisher:
OpenStax College
Auditing: A Risk Based-Approach (MindTap Course L…
Accounting
ISBN:
9781337619455
Author:
Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg
Publisher:
Cengage Learning
Principles of Accounting Volume 1
Accounting
ISBN:
9781947172685
Author:
OpenStax
Publisher:
OpenStax College
EBK CONTEMPORARY FINANCIAL MANAGEMENT
Finance
ISBN:
9781337514835
Author:
MOYER
Publisher:
CENGAGE LEARNING - CONSIGNMENT
Managerial Accounting: The Cornerstone of Busines…
Accounting
ISBN:
9781337115773
Author:
Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Publisher:
Cengage Learning