The table below shows the closing monthly stock prices for Penn Company and Teller, Incorporated. Calculate the exponential three-month moving average for both stocks where two-thirds of the average weight is placed on the most recent price. Note: Input all amounts as positive values. Do not round intermediate calculations. Round your answers to 2 decimal places. Answer is not complete. The table below shows the closing monthly stock prices for Penn Company and Teller, Incorporated. Calculate the exponential three-month moving average for both stocks where two-thirds of the average weight is placed on the most recent price. Note: Input all amounts as positive values. Do not round intermediate calculations. Round your answers to 2 decimal places. Penn Teller January $ 177.44 $ 619.21 February 178.49 627.44 March 196.51 568.43 April 213.10 549.30 May 190.45 501.98 June 210.47 490.78 July 239.81 607.59 August 199.24 535.11 September 222.47 511.66 October 215.07 605.77 November 198.14 588.08 December 176.74 660.20 Answer is not complete. Penn Teller March $ 190.33 $ April 204.58 x 586.73 565.51 X May 195.24 x 520.94 x June 207.57 x 502.40 x July 226.69 x 570.52

Managerial Accounting
15th Edition
ISBN:9781337912020
Author:Carl Warren, Ph.d. Cma William B. Tayler
Publisher:Carl Warren, Ph.d. Cma William B. Tayler
Chapter16: Financial Statement Analysis
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The table below shows the closing monthly stock prices
for Penn Company and Teller, Incorporated. Calculate
the exponential three-month moving average for both
stocks where two-thirds of the average weight is
placed on the most recent price. Note: Input all
amounts as positive values. Do not round intermediate
calculations. Round your answers to 2 decimal places.
Answer is not complete.
The table below shows the closing monthly stock prices for Penn Company and Teller, Incorporated.
Calculate the exponential three-month moving average for both stocks where two-thirds of the
average weight is placed on the most recent price.
Note: Input all amounts as positive values. Do not round intermediate calculations. Round your
answers to 2 decimal places.
Penn
Teller
January
$ 177.44 $ 619.21
February
178.49 627.44
March
196.51
568.43
April
213.10
549.30
May
190.45
501.98
June
210.47 490.78
July
239.81
607.59
August
199.24
535.11
September
222.47 511.66
October
215.07
605.77
November
198.14 588.08
December
176.74 660.20
Answer is not complete.
Penn
Teller
March
$
190.33 $
April
204.58 x
586.73
565.51 X
May
195.24 x
520.94 x
June
207.57 x
502.40 x
July
226.69 x
570.52
Transcribed Image Text:The table below shows the closing monthly stock prices for Penn Company and Teller, Incorporated. Calculate the exponential three-month moving average for both stocks where two-thirds of the average weight is placed on the most recent price. Note: Input all amounts as positive values. Do not round intermediate calculations. Round your answers to 2 decimal places. Answer is not complete. The table below shows the closing monthly stock prices for Penn Company and Teller, Incorporated. Calculate the exponential three-month moving average for both stocks where two-thirds of the average weight is placed on the most recent price. Note: Input all amounts as positive values. Do not round intermediate calculations. Round your answers to 2 decimal places. Penn Teller January $ 177.44 $ 619.21 February 178.49 627.44 March 196.51 568.43 April 213.10 549.30 May 190.45 501.98 June 210.47 490.78 July 239.81 607.59 August 199.24 535.11 September 222.47 511.66 October 215.07 605.77 November 198.14 588.08 December 176.74 660.20 Answer is not complete. Penn Teller March $ 190.33 $ April 204.58 x 586.73 565.51 X May 195.24 x 520.94 x June 207.57 x 502.40 x July 226.69 x 570.52
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