1. Angel Trading presents the following sales figures in terms of units. 2014 10 000 2015 11 650 2016 12 395 2017 14 670 2018 18 485 2019 Required: Determine the projected sales on 2019 using either simple moving average or arithmetic geometric curve.

Cornerstones of Financial Accounting
4th Edition
ISBN:9781337690881
Author:Jay Rich, Jeff Jones
Publisher:Jay Rich, Jeff Jones
Chapter12: Fainancial Statement Analysis
Section: Chapter Questions
Problem 83E
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1. Angel Trading presents the following sales figures in terms of
units.
2014
10 000
2015
11 650
2016
12 395
2017
14 670
2018
18 485
2019
Required: Determine the projected sales on 2019 using either
simple moving average or arithmetic geometric curve.
Transcribed Image Text:1. Angel Trading presents the following sales figures in terms of units. 2014 10 000 2015 11 650 2016 12 395 2017 14 670 2018 18 485 2019 Required: Determine the projected sales on 2019 using either simple moving average or arithmetic geometric curve.
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