Question
A sales budget provides for an annual sales amount of 200 million euros. This budget is broken down by quarter. What is the sales forecast
A sales budget provides for an annual sales amount of 200 million euros. This budget is broken down by quarter. What is the sales forecast for the fourth quarter, given that the first quarter has a seasonality coefficient of 0.6, the second quarter a coefficient of 1.1 and the third quarter a coefficient of 0.8?
A- 50 million
B- 25 million
C- 75 million
D- 60 million
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Measurement And Internal Audit Operations
Authors: Andrew Fight
1st Edition
184112401X, 978-1841124018
