If a Quarterly Seasonal Index Is 0

Multiple Choice

If a quarterly seasonal index is 0.56, it implies that:

A) the quarter's sales are 56% above the yearly average.
B) the quarter's sales are 56% of the year total sales.
C) the other three quarter percentages will total 44%.
D) the quarter's sales are 56% of the yearly average.
E) the quarter's sales are 56% below the yearly average.