Question
1. Using percentage of sales analysis techniques prepare a pro forma income statement and balance sheet for the next year. 2. Create a chart of
1. Using percentage of sales analysis techniques prepare a pro forma income statement and balance sheet for the next year. 2. Create a chart of sales by year for all years, including your pro forma estimate. 3. Add a trend line. 4. Create a scatter plot of sales vs. cogs. Add a trend line. 5. Regress COGS against sales . 6. Using your sales trendline and annual sales data forecast the sales level in the next 3 years (3 years after the year with 4.3M in sales). Forecast using the trend line as well as at least one of the following: trend, linest, regression.
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