Abernathy Company's accounting department has finished preparing the master budget for this year. The chief financial...
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Abernathy Company's accounting department has finished preparing the master budget for this year. The chief financial officer (CFO) would like your assistance in creating data visualizations that she can use to better explain the master budget to the company's senior management team. More specifically, the CFO would like you to prepare some data visualizations that depict trends in sales, net income, cash collections, current assets, and operating cash flows. ces Marks # O ajo B Latel Deta Te Path MONTH Manthand SUMSales Monthly Sales Trend Colum Rows www 2000 1500 100 January February March Apri May Month August September October Provencer December ok ences 1a. Which of the following statements is true regarding the line chart that you just created? The company's sales peak during the summer months. The company's sales peak during the winter months. The company's sales peak during the autumn months. The company's sales peak during the spring months. 1b. Which of the following statements is true regarding the line chart that you just created? The company's lowest sales occur in November. The company's lowest sales occur in February. The company's lowest sales occur in March. The company's lowest sales occur in December. 1c. Which of the following statements is true regarding the line chart that you just created? The monthly sales continuously increase from August through December. ? The monthly sales continuously decrease from January through April. The monthly sales continuously increase from January through April. The monthly sales continuously decrease from August through December. Abernathy Company's accounting department has finished preparing the master budget for this year. The chief financial officer (CFO) would like your assistance in creating data visualizations that she can use to better explain the master budget to the company's senior management team. More specifically, the CFO would like you to prepare some data visualizations that depict trends in sales, net income, cash collections, current assets, and operating cash flows. ces Marks # O ajo B Latel Deta Te Path MONTH Manthand SUMSales Monthly Sales Trend Colum Rows www 2000 1500 100 January February March Apri May Month August September October Provencer December ok ences 1a. Which of the following statements is true regarding the line chart that you just created? The company's sales peak during the summer months. The company's sales peak during the winter months. The company's sales peak during the autumn months. The company's sales peak during the spring months. 1b. Which of the following statements is true regarding the line chart that you just created? The company's lowest sales occur in November. The company's lowest sales occur in February. The company's lowest sales occur in March. The company's lowest sales occur in December. 1c. Which of the following statements is true regarding the line chart that you just created? The monthly sales continuously increase from August through December. ? The monthly sales continuously decrease from January through April. The monthly sales continuously increase from January through April. The monthly sales continuously decrease from August through December.
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Related Book For
Financial Accounting Tools for Business Decision Making
ISBN: 978-1118644942
6th Canadian edition
Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso, Barbara Trenholm, Wayne Irvine
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