The table below shows the closing monthly stock prices for IBM and Amazon. Calculate the exponential three-month moving average for both stocks where two-thirds of the average weight is placed on the most recent price. (Do not round intermediate calculations. Round your answers to 2 decimal places.)

Managerial Accounting
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Author:Carl Warren, Ph.d. Cma William B. Tayler
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Chapter16: Financial Statement Analysis
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The table below shows the closing monthly stock prices for IBM and Amazon. Calculate the exponential three-month moving average
for both stocks where two-thirds of the average welght is placed on the most recent price. (Do not round intermediate calculations.
Round your answers to 2 decimal places.)
IBM
AMZN
$ 606.16
617.72
January
Tebruary
March
$172.04
174.89
185.17
201.13
581.12
April
May
June
545.70
520.70
501.58
604.89
194.77
206.33
227.84
210.31
July
August.
September
October
November
539.16
514.00
596.68
595.91
218.15
213.99
194.09
174.22
December
650.30
IBM
AMZN
181.27 $
501.39
March
April
May
June
July
August
Seplember
October
November
December
Transcribed Image Text:The table below shows the closing monthly stock prices for IBM and Amazon. Calculate the exponential three-month moving average for both stocks where two-thirds of the average welght is placed on the most recent price. (Do not round intermediate calculations. Round your answers to 2 decimal places.) IBM AMZN $ 606.16 617.72 January Tebruary March $172.04 174.89 185.17 201.13 581.12 April May June 545.70 520.70 501.58 604.89 194.77 206.33 227.84 210.31 July August. September October November 539.16 514.00 596.68 595.91 218.15 213.99 194.09 174.22 December 650.30 IBM AMZN 181.27 $ 501.39 March April May June July August Seplember October November December
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