Daily Demand for Newspapers for the Last 10 Days Has

question 108

Multiple Choice

Daily demand for newspapers for the last 10 days has been as follows: 12,13,16,15,12,18,14,12,13,15 (listed from oldest to most recent) .Forecast sales for the next day using a two-day moving average.

• A)14
• B)13
• C)15
• D)28
• E)12.5

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Definitions:

Negotiable

Capable of being transferred or converted into goods, services, or money under terms agreeable to the involved parties.

Payable To Order

A clause on a financial document that specifies who can receive the payment, allowing the initial payee to endorse it over to another party.

Payable To Bearer

Payable to bearer describes a financial instrument, such as a check or bond, that is payable to the holder or presenter of the document, rather than a specific individual.

Issued

Pertains to the official distribution or release of something, such as a document, currency, or product.