In Q1, a Firm Sold 23,000 Units of a Particular

question 2

Multiple Choice

In Q1, a firm sold 23,000 units of a particular product. In Q2, the firm sold 25,000, and in Q3 22,850 units were sold. Assume weights of 0.5, 0.3, and 0.2 (descending for older data) . What is the three period weighted moving average forecast for Q4?

• A) 23,616
• B) 23,525
• C) 22,850
• D) Forecast for Q4 cannot be determined from the information given

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Definitions:

Market Value Per Share

The current price at which a single share of a company's stock is being traded in the market.

Book Value Per Share

Calculated as the total equity of a company divided by the number of outstanding shares, indicating the per-share value of a company's equity.