apricot corporation has 11000 shares of 11%, $110 par noncumulative preferred stock outstanding and 26000 shares of no par common stock outstanding. At the end of the current year, the corporation declares a dividend of

answer; i believe the answer is 40,600,000;

a manufacturer of printed circuit boards uses exponential smoothing with trend to forecast monthly demand of its product. at the end of december, the company wishes to forecast sales for january. the estimate of trend through november has been 200 additional boards sold per month. average sales have been around 1000 units per month. the demand for december was 1100 units. the company uses α = 0.20 and β = 0.10. make a forecast including trend for the month of january.