Question
You just graduated from Harvard and have been hired by Black Hook Incorporated, a producer of high quality fishing lures and other fishing equipment. Part
You just graduated from Harvard and have been hired by Black Hook Incorporated, a producer of high quality fishing lures and other fishing equipment. Part of your new job is to produce a sales forecast for Year 6, assuming that Year 5 just ended.
Using the following information, what is the sales forecast for Year 6 using the weighting method?
Year Sales Weight
1 $545,000 .3
2 $997,000 .1
3 $625,000 .2
4 $392,000 .1
5 $498,000 .3
6 ? 1.0
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Intermediate Accounting
Authors: Kin Lo, George Fisher
3rd Edition Vol. 1
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