11. A major source of revenue in Leyte is a state sales tax on certain types of goods and services. Data are compiled and the provincial assessor uses them to project future revenues for the state budget. One particular category of goods is classified as Retail Trade. Four years of quarterly data (in Php millions) for Tacloban City follow below. Identify the indices and develop a year 5 forecast of sales taxes. TII QUARTER YEAR I YEAR 2 YEAR 3 YEAR 4 218 225 234 250 2 247 254 265 283 3. 243 255 264 289 292 299 327 356

Contemporary Marketing
18th Edition
ISBN:9780357033777
Author:Louis E. Boone, David L. Kurtz
Publisher:Louis E. Boone, David L. Kurtz
Chapter14: Pricing Strategies
Section14.2: Forecasting Demand
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11. 

11. A major source of revenue in Leyte is a state sales tax on certain types of goods and services. Data
are compiled and the provincial assessor uses them to project future revenues for the state
budget. One particular category of goods is classified as Retail Trade. Four years of quarterly data
(in Php millions) for Tacloban City follow below. Identify the indices and develop a year 5 forecast
of sales taxes.
TOI
YEAR 2
YEAR 3
QUARTER
YEAR I
YEAR 4
218
225
234
250
2
247
254
265
283
3
243
255
264
289
4
292
299
327
356
Transcribed Image Text:11. A major source of revenue in Leyte is a state sales tax on certain types of goods and services. Data are compiled and the provincial assessor uses them to project future revenues for the state budget. One particular category of goods is classified as Retail Trade. Four years of quarterly data (in Php millions) for Tacloban City follow below. Identify the indices and develop a year 5 forecast of sales taxes. TOI YEAR 2 YEAR 3 QUARTER YEAR I YEAR 4 218 225 234 250 2 247 254 265 283 3 243 255 264 289 4 292 299 327 356
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