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5 1166577 + 3.amazonaws.com/blackboard.learn.xythos.prod/598f7c7b2dee3/1166577?response-cache-control-private%2C%20max-age%3D21600&resp. 4520 All-i... Imported From IE YouTube Maps News M Gmail 43P Graduate School MONROECOLLEGE MBA - Master in Business Administration Program

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5 1166577 + 3.amazonaws.com/blackboard.learn.xythos.prod/598f7c7b2dee3/1166577?response-cache-control-private%2C%20max-age%3D21600&resp. 4520 All-i... Imported From IE YouTube Maps News M Gmail 43P Graduate School MONROECOLLEGE MBA - Master in Business Administration Program MG770 Financial Reporting, Financial Statement Analysis, and Valuation Week 11 Homework Complete Questions and Exercises Problems 10.5 - Projecting Revenue, Costs of Goods Sold and Inventory 10.5 Projecting Revenues, Cost of Goods Sold, and Inventory. Use the following data for Walgreens in Years 11 and 12 to project revenues, cost of goods sold, and inventory for Year +1. Assume that Walgreen's Year +1 revenue growth rate, gross profit margin, and inventory turnover will be identical to Year 12. Project the average inventory balance in Year +1 and use it to compute the implied ending inventory balance. Walgreens (data in millions) Year 11 Year 12 Sales Revenues $ 53,762 $ 59,034 Cost of Goods Sold $ 38,518 $ 42,391 Ending Inventory $ 6,791 $ 7,249 o to search O X Nes EZ F9F10 F12 Prescri F8 FII

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