Exhibit 11.8 The Following Questions Use the Data Below

question 6

Multiple Choice

Exhibit 11.8
The following questions use the data below.
Joe's Sporting Goods wants to forecast quarterly sales figures using Winter's method. The store has collected 12 quarters of data and needs your help to analyze the data.
-Refer to Exhibit 11.8. What formula should be entered in cell E7 to compute the base level value for year 2 Quarter 1?

• A) =$D$17+(1-$D$17)*(E6+F6)
• B) =$D$17*D7/G3+(1-$D$17)*(E6+F6)
• C) =$D$17*D7/G3+(1-$D$17)
• D) =$D$17*D7/G3+($D$17)*(E6+F6)

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Definitions:

Mens Rea

A legal principle meaning "guilty mind," referring to the intent or knowledge of wrongdoing that constitutes part of a crime.

Legally a Crime

An act or omission that violates statutory law, making it punishable by the government.

Defense of Property

A legal doctrine that allows an individual to use reasonable force to protect their property from being damaged or stolen.

Reasonable Force

The minimum amount of force necessary to protect oneself, others, or property while remaining legally justified under the circumstances.