The sales data (in units) of book store has been extracted for the three terms over3 years as follows;Term-1Term-2 Term-320204500 3,000 1,2002021 6,000 4,200 2,40020227,800 5,400 3,600Required:Using multiplicative index, forecast sales for term-III (to the nearest 100) of theyear 2023 given an annual sales forecast of 18,000OA. 3,100 unitsB. 3,500 unitsOC. 3,300 unitsOD. 3,400 units

D. 3,400 unitsExplanation:Given:…

Answered: The sales data (in units) of book store…

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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