Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

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?
image text in transcribed
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. b. 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 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

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Students also viewed these Accounting questions