Question
YEAR SALES (UNITS) 1 250,000 2 360,000 3 400,000 4 425,000 5 480,000 12. Using the data above, what is the forecast for year 6
YEAR SALES (UNITS)
1 250,000
2 360,000
3 400,000
4 425,000
5 480,000
12. Using the data above, what is the forecast for year 6 if a 2-year weighted moving average is used? Use 7 for the oldest and 3 for the most recent.
A 441,500
B 431,500
C 451500
- 461,500
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Auditing The Art And Science Of Assurance Engagements
Authors: Alvin A. Arens, Randal J. Elder, Mark S. Beasley, Ingrid B. Splettstoesser-Hogeterp
11th Edition
0132088061, 978-0132088060
