Given the Following Historical Data,what Is the Moving-Average Forecast for Period

question 71

Multiple Choice

Given the following historical data,what is the moving-average forecast for period 6 based on the last three periods?

• A)17
• B)18
• C)19
• D)20
• E)18 5

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Definitions:

Finance Charge

A fee representing the cost of credit or the cost of borrowing, typically detailed in the terms of a loan or credit agreement.

Accounts Receivable

Money owed to a business by its customers for products or services delivered or used but not yet paid for.

Allowance for Doubtful Accounts

A contra-asset account used to estimate the portion of accounts receivable that is expected to be uncollectible.

Merchandise Return

The process of returning purchased goods to the seller, typically due to defects, dissatisfaction, or other reasons.