It$$s currently January $1,2023,$ and you$$ll be going on Shark Tank in $2$ weeks. Using the information below, create your $5-$year Sales, Cost of Goods Sold $($COGS$),$ and Gross Profit forecast for the years $2023-2027.$

Actual Sales $(2020=1,200,000,2021=1,500,000,2022=1,875,000$

Cost of Goods Sold $2020=(800,000),2021=(1,040,000),2022=(1,105,000)$

Gross Profit $2020=400,000,2021=460,000,2022=770,000$

How reliable is your Sales Forecast? Explain your answer.

You used a weighted moving average to forecast your sales figures. Name two other methods of forecasting that

may produce a more accurate result, and explain why you think the results would be better with these two selected methods.

Looking at your Gross Profits across the forecasted years, do you think the sharks will provide the funding you are

requesting? Explain why or why not.