Here are eamings per share for two companies by Quarter from the first quarter of tree years ago through the second quarter of this year. Forecast earnings per share for the rest of this year and next year. Use exponential smoothing to forecast the third period of this year, and the time series decomposition method to forecast the two tons of this year and all four cartons of next year. It is much easier to solve this problem on a computer spreadsheet so you can see what is happening.) 3 years ago 2 years ago EARNINOS PER SHARE QUARTER COMUNYA COMENYS 5164 5010 2.30 0.25 M1.10023 M 1.21 0.32 1.62 024 !! 2.04 0.33 1.19 034 IV 020 045 1 0.29 031 11 03 040 -0.93 040 DAT 1 --151 os 027 0.34 47 at you 2- this ye For the exponential smoothing method, choose the first quarter of 3 years ago as the beginning forecast. Make two forecasts: one with a 0.20 and one with a = 0.30 (Negative values sho sign. Round your answers to decimal places) Forecast Company Forecast g0.20 1.64 Quarter 1 Forecast G020 16 a=0.30 1.64 3 3 years ago Corrpany Forecast 0.30 .16 TV 2 years ago 1 M 1 last year III this year 1 Bach forecast using data starting with second quarter of 3 years ago through second quarter of this your. (Round your answers to 3 decimal places.) MAD Company A Company B a= 0.20 g=0.30 . Using the MAD method of testing the forecasting model's performance, plus actual data from 3 years ago through the second quarter of this year, how well did the model perform sed on MAD, an a of 0.3 performs better than ang of 0.2 Using the decomposition of a time series method of forecasting, forecast earnings per share for the last two quarters of this year and all four quarters of next year. (Negative value und your answers to 3 decimal places.) Company A Seasonal Factor Quarter II Forecast Company B Seasonal Factor this year Foncast IV next year 1 11 111 IV d. Using your forecasts, comment on each company Company A's EPS is an downward trend Company B's EPS is an upward trend Problem 3-29 Here are earnings per share for two companies by quarter from the first quarter of three years ago through the second quarter of this year. Forecast earnings per share for the rest of this year and next year. Use exponential smoothing to forecast the third period of this year, and the time series decomposition method to forecast the last two quarters of this year and all four quarters of next year. (It is much easier to solve this problem on a computer spreadsheet so you can see what is happening.) QUARTER 3 years ago 2 years ago EARNINGS PER SHARE COMPANYA COMPANY B $ 1.64 $ 0.16 2.36 0.26 1.16 0.23 1.21 0.32 1.62 0.24 2.04 0.33 1.19 0.34 0.29 0.45 0.29 0.31 -0.23 (loss) 0.46 -0.93 (loss) 0.45 0.40 0.47 -1.61 (loss) 0.27 0.34 0.47 III IV 1 11 111 IV 1 11 HI IV 1 11 last year this year a. For the exponential smoothing method, choose the first quarter of 3 years ago as the beginning forecast. Make two forecasts: one with a 0.20 and one with a 0.30. (Negative values should be indicated by a minus sign. Round your answers to 3 decimal places.) a. For the exponential smoothing method, choose the first quarter of 3 years ago as the beginning forecast. Make two forecasts: one with a = 0.20 and one with a = 0.30. (Negative values should be indicated by a minus sign. Round your answers to 3 decimal places.) Company A Forecast Forecast 00.20 1.64 3 years ago Forecast 0 =0.30 1.64 O = 0.20 .16 Quarter 1 10 III IV Company B Forecast a=0.30 16 2 years ago last year 11 III IV 1 II TII IV 1 II III this year b-1. Calculate the MAD for each forecast using data starting with second quarter of 3 years ago through second quarter of this year. (Round your answers to 3 decimal places.) MAD Company A Company B 00.20 Q=0.30 c. Using the decomposition of a time series method of forecasting, forecast earnings per share for the last two quarters of this year and all four quarters of next year. (Negative values should be indicated by a minus sign. Round your answers to 3 decimal places.) Company A Seasonal Factor Forecast Company B Seasonal Factor Forecast this year next year Quarter III IV 1 11 III IV d. Using your forecasts, comment on each company. Company A's EPS is an downward trend V Company B's EPS is an upward trend Here are eamings per share for two companies by Quarter from the first quarter of tree years ago through the second quarter of this year. Forecast earnings per share for the rest of this year and next year. Use exponential smoothing to forecast the third period of this year, and the time series decomposition method to forecast the two tons of this year and all four cartons of next year. It is much easier to solve this problem on a computer spreadsheet so you can see what is happening.) 3 years ago 2 years ago EARNINOS PER SHARE QUARTER COMUNYA COMENYS 5164 5010 2.30 0.25 M1.10023 M 1.21 0.32 1.62 024 !! 2.04 0.33 1.19 034 IV 020 045 1 0.29 031 11 03 040 -0.93 040 DAT 1 --151 os 027 0.34 47 at you 2- this ye For the exponential smoothing method, choose the first quarter of 3 years ago as the beginning forecast. Make two forecasts: one with a 0.20 and one with a = 0.30 (Negative values sho sign. Round your answers to decimal places) Forecast Company Forecast g0.20 1.64 Quarter 1 Forecast G020 16 a=0.30 1.64 3 3 years ago Corrpany Forecast 0.30 .16 TV 2 years ago 1 M 1 last year III this year 1 Bach forecast using data starting with second quarter of 3 years ago through second quarter of this your. (Round your answers to 3 decimal places.) MAD Company A Company B a= 0.20 g=0.30 . Using the MAD method of testing the forecasting model's performance, plus actual data from 3 years ago through the second quarter of this year, how well did the model perform sed on MAD, an a of 0.3 performs better than ang of 0.2 Using the decomposition of a time series method of forecasting, forecast earnings per share for the last two quarters of this year and all four quarters of next year. (Negative value und your answers to 3 decimal places.) Company A Seasonal Factor Quarter II Forecast Company B Seasonal Factor this year Foncast IV next year 1 11 111 IV d. Using your forecasts, comment on each company Company A's EPS is an downward trend Company B's EPS is an upward trend Problem 3-29 Here are earnings per share for two companies by quarter from the first quarter of three years ago through the second quarter of this year. Forecast earnings per share for the rest of this year and next year. Use exponential smoothing to forecast the third period of this year, and the time series decomposition method to forecast the last two quarters of this year and all four quarters of next year. (It is much easier to solve this problem on a computer spreadsheet so you can see what is happening.) QUARTER 3 years ago 2 years ago EARNINGS PER SHARE COMPANYA COMPANY B $ 1.64 $ 0.16 2.36 0.26 1.16 0.23 1.21 0.32 1.62 0.24 2.04 0.33 1.19 0.34 0.29 0.45 0.29 0.31 -0.23 (loss) 0.46 -0.93 (loss) 0.45 0.40 0.47 -1.61 (loss) 0.27 0.34 0.47 III IV 1 11 111 IV 1 11 HI IV 1 11 last year this year a. For the exponential smoothing method, choose the first quarter of 3 years ago as the beginning forecast. Make two forecasts: one with a 0.20 and one with a 0.30. (Negative values should be indicated by a minus sign. Round your answers to 3 decimal places.) a. For the exponential smoothing method, choose the first quarter of 3 years ago as the beginning forecast. Make two forecasts: one with a = 0.20 and one with a = 0.30. (Negative values should be indicated by a minus sign. Round your answers to 3 decimal places.) Company A Forecast Forecast 00.20 1.64 3 years ago Forecast 0 =0.30 1.64 O = 0.20 .16 Quarter 1 10 III IV Company B Forecast a=0.30 16 2 years ago last year 11 III IV 1 II TII IV 1 II III this year b-1. Calculate the MAD for each forecast using data starting with second quarter of 3 years ago through second quarter of this year. (Round your answers to 3 decimal places.) MAD Company A Company B 00.20 Q=0.30 c. Using the decomposition of a time series method of forecasting, forecast earnings per share for the last two quarters of this year and all four quarters of next year. (Negative values should be indicated by a minus sign. Round your answers to 3 decimal places.) Company A Seasonal Factor Forecast Company B Seasonal Factor Forecast this year next year Quarter III IV 1 11 III IV d. Using your forecasts, comment on each company. Company A's EPS is an downward trend V Company B's EPS is an upward trend