Mickle Company has the following information:
Purchases are paid for in the following manner:
20 percent in the month of purchase
50 percent in the month after purchase
30 percent two months after purchase
-An important factor considered by sales forecasters include(s)

Question

Mickle Company has the following information:
  Purchases are paid for in the following manner:
20 percent in the month of purchase
50 percent in the month after purchase
30 percent two months after purchase
-An important factor considered by sales forecasters include(s)

Quizplus · Accepted Answer

Sales forecasters consider a variety of factors, including past patterns of sales, estimates made by the sales force, and general economic conditions. All of these factors can impact future sales, and therefore must be considered in sales forecasting.

Mickle Company Has the Following Information