Daily Demand for Newspapers for the Last 10 Days Has

question 13

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 weighted moving average where the weights are 3 and 1 are

• A) 14.5.
• B) 13.5.
• C) 14.
• D) 12.25.
• E) 12.75.

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Definitions:

Building

A structure with a roof and walls, such as a house or factory, used for a variety of purposes.

Stock Traded

The buying and selling of company shares or equity securities in financial markets.

Stockholders' Equity

The residual interest in the assets of a corporation after deducting liabilities, represented in part by capital stock and retained earnings.

Unissued Stock

Unissued stock refers to shares that have been authorized in a company's charter but have not yet been sold or distributed to shareholders.