Using a Three-Month Moving Average, the Forecast Value for October

question 59

Multiple Choice

Using a three-month moving average, the forecast value for October made at the end of September in the following time series would be ____________. $$\begin{array} { | r | r | } \hline \text { July } & 5 \\\hline \text { Amg } & 11 \\\hline \text { Sent } & 13 \\\hline \text { Oct } & 6 \\\hline\end{array}$$

• A)11.60
• B)10.00
• C)9.07
• D)8.06
• E)9.67

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Definitions:

Stockholders' Equity

The residual interest or ownership stake in a corporation's assets after deducting its liabilities, representing shareholders' claims on the company's assets.

Net Income

The total profit of a company after all expenses, including taxes and operating costs, have been deducted from total revenue.

Profit Margin Ratio

A financial metric that measures the percentage of revenue that exceeds the cost of goods sold, indicating the profitability of sales.

Net Income

The total earnings of a company after deducting all expenses, taxes, and losses, indicating the company's profitability.