C. Ksh 1,657,530OD. Ksh 2,499,000The sales data (in units) of book store has been extracted for the three terms over3 years as follows;Term-1Term-2 Term-32020 4500 3,000 1 1,2002021 6,000 4,200 2,40020227,800 5,400 3,600Required:Using multiplicative index, forecast sales for term-III (to the nearest 100) of theyear 2023 given an annual sales forecast of 18,000A. 3,100 unitsB. 3,500 unitsOC. 3,300 unitsOD. 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 yearsas 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 salesforecast of 18,000 A. 3, 100 units B. 3,500 units C. 3,300 units D. 3,400 units

The answer is letter D.Explanation:Step 1: Calculate the average sales for each term over the three…

Answered: C. Ksh 1,657,530 OD. Ksh 2,499,000 The…

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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