Question
1. Which indicator in exhibit 4 is better for predicting the net profit? Why? Then show how you will predict profit for 2023 based on
1. Which indicator in exhibit 4 is better for predicting the net profit? Why? Then show how you will predict profit for 2023 based on the best factor.
Year | Turnover (Based on 2013 Index of 100) | Net Profit (Based on 2013 Index of 100) | Shareholders Equity (Based on 2013 Index of 100) | Return on Equity (Based on Actual Figures) |
2013 | 100.00 | 100.00 | 100.00 | 14.94% |
2014 | 98.08 | 189.12 | 115.62 | 25.05% |
2015 | 131.21 | 242.55 | 138.93 | 26.73% |
2016 | 133.77 | 257.49 | 164.63 | 23.95% |
2017 | 141.00 | 308.99 | 195.15 | 24.25% |
2018 | 141.92 | 285.78 | 222.71 | 19.65% |
2019 | 160.77 | 414.70 | 241.42 | 26.30% |
2020 | 171.72 | 378.50 | 247.60 | 23.41% |
2021 | 171.24 | 392.43 | 271.37 | 22.14% |
2022 | 206.36 | 414.72 | 307.54 | 20.65% |
2023 |
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