Answered step by step
Verified Expert Solution
Question
1 Approved Answer
The following data is the financial highlights of Rizal Commercial Banking Corporation on its 2015 Annual Report. Forecast 2016 and compare MFE, MAE, MSE, MAPE
The following data is the financial highlights of Rizal Commercial Banking Corporation on its 2015 Annual Report. Forecast 2016 and compare MFE, MAE, MSE, MAPE of this data using NAVE, Moving Average and Exponential Forecasting Method.
2015 | 2014 | 2013 | 2012 | |
Operating Earnings | 22,232.00 | 22,069.00 | 23,121.00 | 20,808.90 |
Operating Expenses | 15,061.00 | 14,236.00 | 14,474.00 | 13,026.60 |
Net Income Attributable to Parent Bank's Shareholders | 5,129.00 | 4,411.00 | 5,321.00 | 4,788.90 |
Return On Average Capital Funds | 9.34% | 9.23% | 12.18% | 10.96% |
Return On Average Assets | 1.09% | 1.04% | 1.39% | 1.25% |
Net Interest Margin | 4.15% | 4.30% | 4.22% | 3.80% |
Net Earnings per share (Basic and diluted) | 3.07 | 3.11 | 3.95 | 355.50% |
NAIVE | 2PT_MOVING AVERAGE | EXPONENTIAL @.20 SMOOTHING CONSTANT | |
MFE | " " | " " | " "" |
MAE | " " | " " | " " |
MSE | " " | " " | " " |
MAPE | " " | " " | " " |
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started