Question
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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