(Answered) Problem - sales forecastingthe schonlind company has

Accounting

Problem - Sales Forecasting

The Schonlind Company has gathered information regarding past sales:

Year Sales

1999 $300,000

2000 225,000

2001 325,000

2002 650,000

2003 540,000

2004 675,000

2005 825,000

Required: Predict the sales for 2006 using the moving average method.

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