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Suppose a firm has had the following historic sales figures. Year: Sales 2016 $1,500,000 2017 $1,750,000 2018 $1,400,000 2019 $2,000,000 2020 $1,600,000 What would be

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Suppose a firm has had the following historic sales figures. Year: Sales 2016 $1,500,000 2017 $1,750,000 2018 $1,400,000 2019 $2,000,000 2020 $1,600,000 What would be the forecast for next year's sales using the average approach? Next year's sales

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