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The Wilson Company is interested in forecasting demand for its XG-667 product for quarter 13 based on 12 quarters of data. The following shows the data and the double exponential smoothing model results for periods 1-12 using alpha = 0.20 and beta = 0.40. Based on this information, which of the following is the forecast for period 13?
Allowance for Doubtful Accounts
A contra-asset account used to estimate the amount of receivables that may not be collectible.
Net Income
A company's total earnings or profit, calculated as revenue minus expenses, taxes, and costs.
FOB Destination
A shipping term indicating that the seller is responsible for the goods until they are delivered to the buyer's specified location, whereupon title and risk of loss pass to the buyer.
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