Question: At a meeting everyone seems to be pleased by the

At a meeting, everyone seems to be pleased by the fact that sales increased from $21,791,000 to $22,675,000 from the third to the fourth quarter. Given that the seasonal indices are 1.061 for quarter 3 and 1.180 for quarter 4, write a paragraph analyzing the situation on a seasonally adjusted basis. In particular, is this good news or bad news?

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  • CreatedNovember 11, 2015
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