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Q5: Assume that as part of your responsibility, as the Budget Director of the City, you will be developing revenue forecast for 2024 . The
Q5: Assume that as part of your responsibility, as the Budget Director of the City, you will be developing revenue forecast for 2024 . The following sales tax revenue data were obtained from the city database, which constitutes a major source of government revenue. The fiscal year for the government begins on September 1 and ends on August 31. [10 points ] Now, using the information above, forecast the sales tax revenue for the government for FY 2023 [Hint: Use the percentage average method]
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