Question
Please provide details and further explanation behind finding these results as well as what this means: Forecast EPS and sales for each of the next
Please provide details and further explanation behind finding these results as well as what this means:
Forecast EPS and sales for each of the next four quarters using the Foster model (short-term forecasts)
The estimates for the next four quarters were:
- Mar 2022 : $0.58
- June 2022 : $0.69
- Sep 2022 : $0.68
- Dec 2022 : $0.5
The total forecast was based on the previous year's change in each quarter.
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Creative Accounting, Fraud And International Accounting Scandals
Authors: Michael J. Jones
1st Edition
0470057653, 9780470057650
