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2. TIME SERIES: An auditor from a school system studied inventory records to verify whether the textbook inventory was typical. The following records correspond to
2. TIME SERIES:
An auditor from a school system studied inventory records to verify whether the textbook inventory was typical. The following records correspond to five years. Estimate the value of inventory for 2014.
Years | Inventory in thousands of dollars |
2009 | 4,620 |
2010 | 4,910 |
2011 | 5,490 |
2012 | 5,730 |
2013 | 5,990 |
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