Using the data in Problem, Meredith and Smunt Manufacturing expects sales of pumps to grow by 10% next year. Compute next year's sales and the sales for each quarter.
In Problem Meredith and Smunt
Over the past year Meredith and Smunt Manufacturing had annual sales of 10,000 portable water pumps. The average quarterly sales for the past 5 years have averaged: spring 4,000, summer 3,000, fall 2,000 and winter 1,000.