| Question 14 The next two questions use the following information (i.e Question 14 and 15). Tom's Mining Equipment Inc has the following historical earnings: Year Earnings ($m) 1 $75,400 2 $65,200 3 $87,600 4 $90,500 5 $53,900 Which method of projecting earnings would appear most appropriate to estimate future benefits? a. Geometric progression b. Unweighted average method c. Trend Line – static method d. All of the above |