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Exxon Mobil Chevron ($millions) 2011 2010 2009 2011 2010 2009 Revenue... $486,429 $383,221 $310,586 $253,706 $204,958 $171,636 Cost of revenue... 306,802 233,751 185,833 171,572 135,655

Exxon Mobil

Chevron

($millions)

2011

2010

2009

2011

2010

2009

Revenue...

$486,429

$383,221

$310,586

$253,706

$204,958

$171,636

Cost of revenue...

306,802

233,751

185,833

171,572

135,655

117,510

Selling, general, & administrative expenses...

88,459

79,348

75,490

20,373

22,958

22,118

Net income...

41,060

30,460

19,280

26,895

19,024

10,483

Accounts receivable...

38,642

32,284

27,645

21,793

20,759

17,703

Dividends paid...

6326

8,779

8,303

6,210

5,746

5,373

Use the information above to forecast the next two year revenue for Exxon Mobil. Based your forecasts on the average of the actual revenue growth between 2009 to 2010 and 2010 to 2011.

Use the information above to forecast the next two years cost of revenue and selling, general, and administrative expenses for Exxon Mobil. Base your forecasts on the actual relationship between these expenses and revenue for 2011.

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