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Problem 15-4 Spreadsheet Problem: Sales Forecast (LG15-3) Suppose a firm has had the following historic sales figures. Year: 2016 2017 2018 2019 2020 Sales 1,450,000.00
Problem 15-4 Spreadsheet Problem: Sales Forecast (LG15-3) Suppose a firm has had the following historic sales figures.
Year: 2016 2017 2018 2019 2020
Sales 1,450,000.00 1,710,000.00 1,600,000.00 2,000,000.00 1,850,000.00
What would be the forecast for next years sales using FORECAST.ETS to estimate a trend? Note: Round your answer to the nearest whole dollar.
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