Question
Reserachers at the Truly estimated the following sales equation. Sales = 10 + .05INT - 5CK + .2POP + 4q2 + 3Q3 - 2Q4 Forecast
Reserachers at the Truly estimated the following sales equation.
Sales = 10 + .05INT - 5CK + .2POP + 4q2 + 3Q3 - 2Q4
| Forecast | INT | CK | Pop |
| Q1 | 200 | 2.5 | 60 |
| Q2 | 204 | 3.2 | 61 |
| Q3 | 206 | 4.2 | 63 |
| Q4 | 205 | 5.3 | 64 |
Use the information above to make a Sales forecast for the next 4 quarters.
Be sure to show your calculations for each.
Q1 Forecast:
Q2 Forecast:
Q3 Forecast:
Q4 Forecast:
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Financial Management Principles And Applications
Authors: Sheridan Titman
9th Edition
0655705457, 9780655705451
