Suppose a firm has had the historical sales figures shown as follows.What would be the forecast for next year's sales using the average approach if it is determined that 2011 is a "stale" year?
Definitions:
Private Investor's Suit
Legal action initiated by a private investor rather than a regulatory agency, typically involving securities fraud or violations of securities laws.
Initial Public Offering
The first sale of a company's shares to the public, leading to a public listing on a stock exchange.
Internet
A vast network of computers globally connected that facilitates data exchange and communication.
Insider Trading
The unlawful act of buying and selling stocks for personal gain using privileged information that is not publicly available.
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