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any: United Airlines (3) The general procedures of the forecasting are detailed below. a. Forecast sales for the next 3 years based on the knowledge
any: United Airlines (3) The general procedures of the forecasting are detailed below. a. Forecast sales for the next 3 years based on the knowledge of two companies: its product(s), market share, market size, changes in consumer tastes, demand, etc. Identify key expense line-items but the emphasis is on the larger expense items different from each other. Forecast these expenses as a proportion of sales b. revenue for each of the next 3 years. c. Prepare a forecast of each line item of operating income for the next 3 years. d. List any unusual items expected over the next 3 years. e. Forecast your company's effective tax rate for the next 3 years and calculate the after-tax profitability margin for your company for the next 3 years. f. Forecast the inventory, payables, receivables, PPE, cash, and any other operating assets required to support the forecasted sales level (these should be expressed as a percentage of forecasted sales). g. Calculate your forecasts of the asset turnover ratio for your company for the next 3 years?
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