Question
Using the following information regarding actual sales for Sam's Ski Supplies, calculate the seasonal ratio for January of Year 3. Sales for Sam's Ski Supplies
Using the following information regarding actual sales for Sam's Ski Supplies, calculate the seasonal ratio for January of Year 3.
Sales for Sam's Ski Supplies ($000s)
Month
First Year
Second Year
January
380
400
February
340
360
March
320
330
April
280
290
May
265
270
June
230
235
July
220
230
August
200
205
September
210
220
October
250
270
November
400
450
December
450
502
Group of answer choices
1.55
1.40
1.18
1.32
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Mathematical Analysis For Quantitative Finance
Authors: Daniele Ritelli, Giulia Spaletta
1st Edition
1351245104, 9781351245104
