Please and thank youuuu You are a junior analyst at Activision Blizzard Inc., the publisher of the Call of Duty franchise of video games. It is November 1, 2012and the company is poised to release the next version: Call of Duty Black Ops II. The VP of marketing has asked you to produce aforecast of sales for 2013 using the historic sales growth of the whole franchise. The table below provides total sales for each versionof the game. If first year's sales (for 2012) are expected to be 28 million, then what is your forecast for 2013?A History of Sales for theCall of Duty FranchiseGame TitleRelease Date Total Sales (millions of units)Finest HourNov, 20044.50Call of Duty 2Nov, 20055.89Call of Duty 3Nov, 20067.15Modern WarfareNov, 200715.73World at WarNov, 200815.98Modern Warfare 2Nov, 200922.69Black OpsNov, 201026.21Modern Warfare 3Nov, 201126.50

Part 2: ExplanationApproach to Solving the Question:To forecast the 2013 sales for Call of Duty:…

Answered: You are a junior analyst at Activision…

Managerial Accounting: The Cornerstone of Business Decision-Making

7th Edition

ISBN:9781337115773

Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

Publisher:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

Chapter13: Emerging Topics In Managerial Accounting

Section: Chapter Questions

Problem 52P

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Abeng Corp, a rapidly-expanding crossbow distributor, is in the process of formulating plans for James Chambers, director of marketing, has completed his 2021 forecast and is confident that sales estimates will be met or exceeded. The following forecasted sales figures show the growth expected and will provide the planning basis for other corporate departments: Month Sales (units) Month Sales (units) January 7,200 July 12,000 February 8,000 August 11,000 March 7,200 September 12,800 April 8,800 October 13,600 May 10,000 November 12,000 June 11,200 December 14,000 Ellen Eglin, assistant controller, has been given responsibility for formulating the cash flow projections, a critical element during a period of rapid expansion. The following information will be used in preparing the cash analysis: Bows are sold at an average price of $150. Abeng has experienced an excellent record in accounts receivable collection…
Abeng Corp, a rapidly-expanding crossbow distributor, is in the process of formulating plans for James Chambers, director of marketing, has completed his 2021 forecast and is confident that sales estimates will be met or exceeded. The following forecasted sales figures show the growth expected and will provide the planning basis for other corporate departments: Month Sales (units) Month Sales (units) January 7,200 July 12,000 February 8,000 August 11,000 March 7,200 September 12,800 April 8,800 October 13,600 May 10,000 November 12,000 June 11,200 December 14,000 Ellen Eglin, assistant controller, has been given responsibility for formulating the cash flow projections, a critical element during a period of rapid expansion. The following information will be used in preparing the cash analysis: Bows are sold at an average price of $150. Abeng has experienced an excellent record in accounts receivable collection…
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