Table 14.11 a Sales Manager Wants to Forecast Monthly Sales of the of the Machines

question 144

Multiple Choice

Table 14.11
A sales manager wants to forecast monthly sales of the machines the company makes using the following monthly sales data.

-Use the information in Table 14.11.Use the 3-month weighted moving-average method to calculate the forecast for month 9.The weights are 0.60,0.30,and 0.10,where 0.60 refers to the most recent demand.

• A)$3,916
• B)$3,880
• C)$3,396
• D)$3,229

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Definitions:

Dividend-to-Earnings Ratio

The dividend-to-earnings ratio indicates what portion of a company's earnings is paid out as dividends to shareholders, reflecting the company's dividend payout policy.

Target Payout Ratio

A firm’s long-term desired dividend–earnings ratio.

Dividend Yield

A financial ratio that shows how much a company pays out in dividends each year relative to its stock price.

Price Range

The spread between the lowest and highest prices at which a commodity or asset is traded over a certain period of time.