Use the Data Given Below to Answer the Following Question(s)

question 32

Multiple Choice

Use the data given below to answer the following question(s) .
The table below shows the industrial lathe sales from the years 2000-2005.The forecaster uses the regression method to determine the forecast for the future.
-Using the given data,determine the value of MAPE.[Hint: Round the forecast values to 3 decimal places.]

• A)10.14
• B)81.87
• C)1.00
• D)16.51

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Definitions:

Statement of Cash Flows

A financial report that summarizes the amount of cash and cash equivalents entering and leaving a company, revealing how a company raises and spends money.

Current Assets

Holdings that are planned to be turned into cash, sold off, or consumed in the span of one year or over the course of the operating cycle, if it extends beyond a year.

Accumulated Depreciation

Represents the total amount of depreciation expense that has been recorded against a fixed asset since it was acquired, reflecting its reduction in value over time.

Common Stock

Type of equity security that represents ownership in a corporation, with voting rights and the potential for dividends.