Given the data below,develop a forecast for the following period using a three-period weighted moving average and weights of .5,.3,and .2.
Definitions:
Financial Statements
Comprehensive reports created to communicate an organization's financial performance, financial position, and cash flows over a specific period.
Days' Sales
This is a measure of a company’s operational efficiency, indicating how many days it takes for a company to turn its inventory into sales.
Average Collection Period
The average amount of time it takes for a business to receive payments owed by its customers.
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