Question
1.The sales manager for APC Pty Ltd has decided to use statistical modelling to help prepare the sales forecasts for the year ahead. The forecast
1.The sales manager for APC Pty Ltd has decided to use statistical modelling to help prepare the sales forecasts for the year ahead. The forecast figures for 2018 will be based on linear extrapolation of the last three years of sales volumes. With the assistance of Excel, work out the forecast figures for 2018.
Product
2015 Actual
2016 Actual
2017 Actual
2018 Forecast
A
2015- 1,400
2016- 1,450
2017- 1,630
2018 ?
B
2015- 975
2016- 1,050
2017- 1,020
2018?
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Financial Accounting A Business Process Approach
Authors: Jane L Reimers
2nd Edition
131473867, 978-0131473867
