C. Ksh 1,657,530 OD. Ksh 2,499,000 The sales data (in units) of book store has been extracted for the three terms over 3 years as follows; Term-1Term-2 Term-3 2020 4500 3,000 1 1,200 2021 6,000 4,200 2,400 20227,800 5,400 3,600 Required: Using multiplicative index, forecast sales for term-III (to the nearest 100) of the year 2023 given an annual sales forecast of 18,000 A. 3,100 units B. 3,500 units OC. 3,300 units OD. 3,400 units C. Ksh 1,657,530 D. Ksh 2,499,000 The sales data (in units) of book store has been extracted for the three terms over 3 years as follows; \table[[, Term-, 1 Term-, 2 Term-], [2020, 4500, 3,000, 1,200], [2021, 6,000, 4, 200, 2, 400], [2022, 7, 800, 5, 400, 3, 600]] Required: Using multiplicative index, forecast sales for term - III (to the nearest 100) of the year 2023 given an annual sales forecast of 18,000 A. 3, 100 units B. 3,500 units C. 3,300 units D. 3,400 units
C. Ksh 1,657,530 OD. Ksh 2,499,000 The sales data (in units) of book store has been extracted for the three terms over 3 years as follows; Term-1Term-2 Term-3 2020 4500 3,000 1 1,200 2021 6,000 4,200 2,400 20227,800 5,400 3,600 Required: Using multiplicative index, forecast sales for term-III (to the nearest 100) of the year 2023 given an annual sales forecast of 18,000 A. 3,100 units B. 3,500 units OC. 3,300 units OD. 3,400 units C. Ksh 1,657,530 D. Ksh 2,499,000 The sales data (in units) of book store has been extracted for the three terms over 3 years as follows; \table[[, Term-, 1 Term-, 2 Term-], [2020, 4500, 3,000, 1,200], [2021, 6,000, 4, 200, 2, 400], [2022, 7, 800, 5, 400, 3, 600]] Required: Using multiplicative index, forecast sales for term - III (to the nearest 100) of the year 2023 given an annual sales forecast of 18,000 A. 3, 100 units B. 3,500 units C. 3,300 units D. 3,400 units
Cornerstones of Financial Accounting
4th Edition
ISBN:9781337690881
Author:Jay Rich, Jeff Jones
Publisher:Jay Rich, Jeff Jones
Chapter5: Sales And Receivables
Section: Chapter Questions
Problem 76E: Ratio Analysis The following information was taken from Nash Inc.s trial balances as of December 31,...
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Transcribed Image Text:C. Ksh 1,657,530
OD. Ksh 2,499,000
The sales data (in units) of book store has been extracted for the three terms over
3 years as follows;
Term-1Term-2 Term-3
2020 4500 3,000 1 1,200
2021 6,000 4,200 2,400
20227,800 5,400 3,600
Required:
Using multiplicative index, forecast sales for term-III (to the nearest 100) of the
year 2023 given an annual sales forecast of 18,000
A. 3,100 units
B. 3,500 units
OC. 3,300 units
OD. 3,400 units
![C. Ksh 1,657,530 D. Ksh 2,499,000 The sales data (in units) of book store has been extracted for the three terms over 3 years
as follows; \table[[, Term-, 1 Term-, 2 Term-], [2020, 4500, 3,000, 1,200], [2021, 6,000, 4, 200, 2, 400], [2022, 7, 800, 5, 400, 3, 600]]
Required: Using multiplicative index, forecast sales for term - III (to the nearest 100) of the year 2023 given an annual sales
forecast of 18,000 A. 3, 100 units B. 3,500 units C. 3,300 units D. 3,400 units](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fce3d614c-45c7-44df-90d5-f4ca61f598de%2Fac82a854-4ded-4208-9847-84e714de29a5%2F2ejsf6s_processed.png&w=3840&q=75)
Transcribed Image Text:C. Ksh 1,657,530 D. Ksh 2,499,000 The sales data (in units) of book store has been extracted for the three terms over 3 years
as follows; \table[[, Term-, 1 Term-, 2 Term-], [2020, 4500, 3,000, 1,200], [2021, 6,000, 4, 200, 2, 400], [2022, 7, 800, 5, 400, 3, 600]]
Required: Using multiplicative index, forecast sales for term - III (to the nearest 100) of the year 2023 given an annual sales
forecast of 18,000 A. 3, 100 units B. 3,500 units C. 3,300 units D. 3,400 units
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