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Suppose à firm has had the following historic sales figures. Year: Sales 2016 $1,550,000 2017 $1,730,000 2018 $1,620,000 2019 $2,120,000 2020 $1,830,000 What would be the forecast for next year's sales using FORECAST.ETS to estimate a trend? Note: Round your answer to the nearest whole dollar. Next year's sales

Suppose à firm has had the following historic sales figures. Year: Sales 2016 $1,550,000 2017 $1,730,000 2018 $1,620,000 2019 $2,120,000 2020 $1,830,000 What would be the forecast for next year's sales using FORECAST.ETS to estimate a trend? Note: Round your answer to the nearest whole dollar. Next year's sales

Essentials Of Investments
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
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Suppose à firm has had the following historic sales figures. Year: Sales 2016 $1,550,000 2017 $1,730,000 2018 $1,620,000 2019 $2,120,000 2020 $1,830,000 What would be the forecast for next year's sales using FORECAST.ETS to estimate a trend? Note: Round your answer to the nearest whole dollar. Next year's sales
Transcribed Image Text:Suppose à firm has had the following historic sales figures. Year: Sales 2016 $1,550,000 2017 $1,730,000 2018 $1,620,000 2019 $2,120,000 2020 $1,830,000 What would be the forecast for next year's sales using FORECAST.ETS to estimate a trend? Note: Round your answer to the nearest whole dollar. Next year's sales
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