Discuss two limitations of relying on a margin of safety when predicting future sales. Would you rely on it? Why or why not? Provide support for your rationale.

How can you evaluate the accuracy of a forecast model?

What do the Forecast for each year add up to?

Canton Supplies, Inc., is a service firm that employs approximately 100 people. Because of the necessity of meeting monthly cash obligations, the chief financial officer wants to develop a forecast of monthly cash requirements. Because of a recent change in equipment and operating policy, only the past seven months of data are considered relevant. The change in operations has had a great impact on cash flow. What forecasting model do you recommend?

5 PART E Can we conclude that the median monthly rent for the apartments on the east side is less than what is stated on the website? YES OR NO

Consider  a business owner, how would you use methodology and the data results to increase sales or improve overall profitability? What are some of your recommendations?