Question: Problem 3-12 (Algo) The following equation summarizes the trend portion of quarterly sales of condominiums over a long cycle. Sales also exhibit seasonal variations. F52

Problem 3-12 (Algo) The following equation summarizes the trend portion of quarterly sales of condominiums over a long cycle. Sales also exhibit seasonal variations. F52 -4.2t+3.212 where Fe = Unit sales t=0 at the first quarter of last year Quarter Relative 1 1.00 2 1.00 3 0.50 Click here for the Excel Data File Using the information given prepare a forecast of sales for each quarter of next year (not this year), and the first quarter of the year following that. (Round intermediate calculations and final answers to 2 decimal places.) Quarter Forecast Click here for the Excel Data File Using the information given, prepare a forecast of sales for each quarter of next year (not this year), and the first quarter of the year following that. (Round intermediate calculations and final answers to 2 decimal places.) Forecast Quarter 1 2 3 4 1

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