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Annual Income Statement (values in 000's)Get Quarterly Data Period Ending: Trend 1/31/2016 2/1/2015 2/2/2014 2/3/2013 Total Revenue $4,976,090 $4,698,719 $4,387,889 $4,042,870 Cost of Revenue $3,131,876

Annual Income Statement (values in 000's)Get Quarterly Data

Period Ending: Trend 1/31/2016 2/1/2015 2/2/2014 2/3/2013
Total Revenue
$4,976,090 $4,698,719 $4,387,889 $4,042,870
Cost of Revenue
$3,131,876 $2,898,215 $2,683,673 $2,450,394
Gross Profit
$1,844,214 $1,800,504 $1,704,216 $1,592,476
Operating Expenses
Research and Development
$0 $0 $0 $0
Sales, General and Admin.
$1,355,580 $1,298,239 $1,252,118 $1,183,313
Non-Recurring Items
$0 $0 $0 $0
Other Operating Items
$0 $0 $0 $0
Operating Income
$488,634 $502,265 $452,098 $409,163
Add'l income/expense items
$0 $0 $0 $0
Earnings Before Interest and Tax
$488,007 $502,203 $452,682 $409,956
Interest Expense
$0 $0 $0 $0
Earnings Before Tax
$488,007 $502,203 $452,682 $409,956
Income Tax
$177,939 $193,349 $173,780 $153,226
Minority Interest
$0 $0 $0 $0
Equity Earnings/Loss Unconsolidated Subsidiary
$0 $0 $0 $0
Net Income-Cont. Operations
$310,068 $308,854 $278,902 $256,730
Net Income
$310,068 $308,854 $278,902 $256,730
Net Income Applicable to Common Shareholders
$310,068 $308,854 $278,902 $256,730

Considering the company william sonoma, how would prospective analysis be useful in your analysis of the company? In addition to recent trends that might reveal themselves in the projection, what other information would you find useful? Discuss the steps you would perform to prepare a projected income statement and projected balance sheet. In your discussion, substantiate your responses to these questions. Challenge your classmates with questions about their posts and respond to questions posed to you.

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