Predicting the annual sales


Assignment:

A cosmetics manufacturer’s marketing department has developed a linear trend equation that can be used to predict annual sales of its popular Hand & Foot Cream. Ft = 80 + 15t where Ft = Annual Sales (000 bottles) t = 0 corresponds to 1990

a. Are annual sales increasing or decreasing? By how much? Annual sales are by thousands bottles per year.

b. Predict annual sales for the year 2006 using the equation. Annual sales are thousands of bottles.

Your answer must be typed, double-spaced, Times New Roman font (size 12), one-inch margins on all sides, APA format and also include references.

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Accounting Basics: Predicting the annual sales
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