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11. JB Hi-Fi is a leading Australian retailer of consumer electronics and home entertainment goods. Use the data in Figure 6.10 for 2018 and 2019

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11. JB Hi-Fi is a leading Australian retailer of consumer electronics and home entertainment goods. Use the data in Figure 6.10 for 2018 and 2019 to forecast revenue, cost of sales, and end-of-year inventory for 2020. Assume that JB Hi-Fi's revenue growth rate, gross profit margin and inventory turnover will be the same as 2019. Answer: JB Hi-Fi ($m) 2020 Revenue 7.344 Cost of Sales 5,764 Ending Inventory 917

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