The City Golf Course Is Interested in Starting a Junior

question 100

Multiple Choice

The city golf course is interested in starting a junior golf program.The golf pro has collected data on the number of youths under 13 that have played golf during the last 4 months.Using a three-month moving average, the forecast value for November in the following time series would be ____________. $$\begin{array} { | c | r | } \hline \text { Joly } & 28 \\\hline \text { Ang } & 27 \\\hline \text { Sept } & 17 \\\hline \text { Oct } & 19 \\\hline\end{array}$$

• A)24
• B)21
• C)21.56
• D)19.22
• E)22

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Definitions:

Return on Total Assets

A financial ratio that measures a company's profitability in relation to its total assets, indicating how effectively a company uses its assets to generate profit.

Semiannual Interest Payment

A finance term referring to the practice of making interest payments twice a year on a loan or bond.

Bonds

Debt instruments signifying an investment made by an investor in the form of a loan to either a corporation or a government entity.

Journal Entries

Records of financial transactions in the books of accounts, acting as the primary source for all accounting processes.