Exhibit 11.8 The Following Questions Use the Data Below

question 39

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 F7 to compute the Trend value for year 2 Quarter 1?

• A) =$D$18*(E6-E7)+(1-$D$18)*F6
• B) =$D$18*(E7-E6)+$D$18*F6
• C) =$D$18*(E7-E6)+(1-$D$18)*F6
• D) =$D$18*(E7-E6)*(1-$D$18)

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Definitions:

Oil Company

An enterprise engaged in the exploration, extraction, refining, and selling of oil and petroleum products.

Seasoned Offerings

The issuance of additional shares by a company whose shares are already publicly traded.

Leveraged Buyouts

Acquisition of a company using a significant amount of borrowed money (debt) to meet the cost of acquisition.

Proxy Contests

Attempts to gain control of a firm by soliciting a sufficient number of shareholder votes to replace existing management.