What Is This Year's Forecast Using a Two-Year Weighted Moving

question 1

Multiple Choice

What is this year's forecast using a two-year weighted moving average with weights of .7 and .3?

• A)19,400
• B)18,600
• C)19,000
• D)11,400
• E)10,600

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Definitions:

Convertible Preferred Stock

A type of preferred stock that holders can convert into a predetermined number of common stock shares, usually at any time after a pre-established date.

Book Value

The value of an asset according to its balance sheet account balance, taking into account the cost of the asset minus depreciation.

Market Value

Market value refers to the present cost at which a service or asset is available for purchase or sale in a market.

Common Stock Option Warrants

Financial instruments that give the holder the right to purchase a company's common stock at a specified price within a certain time period.