Exhibit 11.6 The Following Questions Use the Data Below

question 84

Multiple Choice

Exhibit 11.6
The following questions use the data below.
A store wants to predict quarterly sales. The owner has collected 3 years of sales data and wants your help in analyzing the data using the double moving average model with k = 4.
-Refer to Exhibit 11.6. What formula should be entered in cell E6 (and copied to E7:E14) to compute the first average when using the double moving average method with k = 4?

• A) =Average($E$3:$E$6)
• B) =Average($D$3:$D$6)
• C) =Average(D3:D6)
• D) =Average(D5:D6)

---

Definitions:

Stock Price

The current trading price of a company's shares on the stock market, reflecting the market's valuation of the company at a particular time.

Warrants

These are financial derivatives that give the holder the right, but not the obligation, to buy or sell a stock at a predetermined price before a specific date.

IPO Offering

The initial sale of stock to the public by a company, a critical moment in a private company’s lifecycle to raise capital and enhance its visibility.

Publicly Traded

Describes a company whose shares are available for purchase by the general public on a stock exchange.