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1. Suppose a firm has had the following historic sales figures. year: 2012 2013 2014 2015 2016 Sales: $2,900,000 $3,150,000 $2,800,000 $3,400,000 $3,000,0000 What would be the forecast for the next year's sales using the naive approach?

2. Peach Sign Company of Atlanta, GA has credit terms of 1/10 net 30. Customers should take the discount and pay in 10 days if they CANNOT earn more than ________ (APR) on their investments.

Financial Management, Finance

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