Your Company Earned Sales of $10 Million Last Year and Is

question 4

Multiple Choice

Your company earned sales of $10 million last year and is anticipating a growth rate this year of 12.5%.You calculate this year's sales may be $12.5 million.Which forecasting method did you use to arrive at this answer?

• A)trend extrapolation
• B)exponential interpolation
• C)information extension
• D)inductive extrapolation