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The Bull Company has the following historical sales data:
Year Sales

2007 $11,000
2008 $18,000
2009 $22,000

Required:

1. Using the Moving Average Method, predict the sales for 2010.

2. Using Exponential Smoothing, predict the sales for 2010. Assume that the most recent years are the most representative of future sales.

Accounting Basics, Accounting

  • Category:- Accounting Basics
  • Reference No.:- M945172

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