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Suppose a firm has had the following historic sales figures. Year: 2009 2010 2011 2012 2013 Sales $ 4,300,000 $ 5,550,000 $ 4,200,000 $ 3,800,000
| Suppose a firm has had the following historic sales figures. |
| Year: | 2009 | 2010 | 2011 | 2012 | 2013 | ||||||||||
| Sales | $ | 4,300,000 | $ | 5,550,000 | $ | 4,200,000 | $ | 3,800,000 | $ | 4,400,000 | |||||
| What would be the forecast for next years sales using the nave approach? |
| Next years sales | $ |
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The Bank Credit Analysis Handbook
Authors: Jonathan Golin, Philippe Delhaise
2nd Edition
0470821574, 978-0470821572
