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Quick, please. A long-time independent bank merged with another bank in 2005. Their...

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Accounting

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A long-time independent bank merged with another bank in 2005. Their year-end financial reports for the final five years of independent operation give the values to the right for their liquid assets. a) Use a 3-year moving average to predict what liquid assets would have been in 2005. b) Predict the value for 2005 using a single exponential smooth with smoothing parameter a = 0.3, beginning with the initial value. Year 2000 2001 2002 2003 Liquid Assets ($M) 19,666 21,459 22,753 18,466 25,357 2004 a) $M (Round to the nearest integer as needed.) b) $M (Round to the nearest integer as needed.)

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