The demand for a certain drug in a hospital has been increasing. For the past six months, the following demand has been observed: Month Demand, Units
January 15
February 18
March 22
April 23
May 27
June 26
Use a three-month moving average to make a forecast for July.

25.3

Explanation:

A moving average is often used to pinpoint the increase or decrease of a certain statistic over a certain period of time since the increase in the demand for this specific drug has been increasing constantly for the past 6 months we will take the past 3 months, April, May, and June, so we will have to add up 23+27+26=76, now we just have to divide by the number of months= 76/3=25.3, so the moving average for the increase in the forecast for July will be 25.3

the net cash used in long term investing activities is $1,192,599.

the net cash provided by the company’s financing activities is $81,354.

Explanation:

Prepare the following sections of the Cash Flow Statement

Cash flow from Investing Activities

Increase in investments in marketable securities   ($329,370)

Purchase of new Fixed Assets                                  ($1,211,231)

Proceeds from sale of fixed assets                           $348,002

Net Cash from Investing Activities                          ($1,192,599)

Cash flow from Financing Activities

Repayment of  long-term debt                                 ($773,200)

New debt capital raised                                             $913,555

Repurchase of stock                                                   ($59,001)

Net Cash from Financing Activities                              $81,354