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For the current month the ABC Firm has a prior forecasted cash flow of $125,000 and actual cash flow of $118,000. If they are using

For the current month the ABC Firm has a prior forecasted cash flow of $125,000 and actual cash flow of $118,000. If they are using an exponential smoothing constant (Alpha) of 0.3, what is the forecast for the next period?

$118,000

$120,100

$122,900

$125,000

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