Exhibit 11.22 The Following Questions Use the Data Below

question 118

Essay

Exhibit 11.22
The following questions use the data below.
A store wants to predict quarterly sales. The owner has collected 3 years of sales data and wants your help in analyzing the data. He wants to use regression and a linear trend model.
-Refer to Exhibit 11.22. Based on the regression output, what formulas should go in cells E3:E14?

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Definitions:

Dividends

Payments made by a corporation to its shareholders, usually as a distribution of profits.

Significant Influence

The capacity to participate in the financial and operating policy decisions of an investee, but not full control or joint control over those policies.

Income Tax Rate

The percentage of income that is paid to the government as tax, which can vary by income level, jurisdiction, and type of taxpayer.

Dividends Declared

The announcement by a company's board of directors of the intention to pay dividends to shareholders.