Barnett Publishing Inc

question 129

Essay

Barnett Publishing Inc.,reported the following current asset data in $000s in its 2014 annual report.
Required:

Prepare a trend analysis of Barnett’s current assets, rounding your answers to one decimal place. Comment on any significant trends you identify.

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Definitions:

Past Demand Data

Historical information on consumer demand for goods or services, used for forecasting and planning purposes.

Six-Week Moving Average

A method of smoothing data by calculating the average of six consecutive weeks' worth of data, continuously updated by adding the newest week and dropping the oldest week.

Point-Of-Sale Computers

Electronic systems used at retail checkout points to process sales transactions, manage inventory, and perform a variety of other retail management functions.

Forecasting Technique

Methods or models used to estimate future values based on historical data, trends, and patterns.