Question
Draft a spreadsheet showing financial history and projected performance for Nordstrom. The rows should include revenue, expenses, calculated profit, and calculated profit margin. The columns
Draft a spreadsheet showing financial history and projected performance for Nordstrom. The rows should include revenue, expenses, calculated profit, and calculated profit margin. The columns should represent years: two years of history, plus three years of your reasonable future projections. Include a few sentences of key assumptions and conclusions. The spreadsheet must have accurate calculations and look professional on screen and when printed (including a heading and meaningful number formatting).
Income Statement
All numbers in thousands
Revenue | 2/2/2019 | 2/3/2018 | 1/28/2017 | 1/30/2016 |
Total Revenue | 15,860,000 | 15,478,000 | 14,757,000 | 14,437,000 |
Cost of Revenue | 10,155,000 | 9,890,000 | 9,440,000 | 9,333,000 |
Gross Profit | 5,705,000 | 5,588,000 | 5,317,000 | 5,104,000 |
Operating Expenses | ||||
Research Development | - | - | - | - |
Selling General and Administrative | 4,796,000 | 4,662,000 | 4,315,000 | 3,957,000 |
Non Recurring | - | - | - | - |
Others | - | - | - | - |
Total Operating Expenses | 14,951,000 | 14,552,000 | 13,755,000 | 13,290,000 |
Operating Income or Loss | 909,000 | 926,000 | 1,002,000 | 1,147,000 |
Income from Continuing Operations | ||||
Total Other Income/Expenses Net | -176,000 | -136,000 | -318,000 | -171,000 |
Earnings Before Interest and Taxes | 909,000 | 926,000 | 1,002,000 | 1,147,000 |
Interest Expense | -119,000 | -141,000 | -122,000 | -112,000 |
Income Before Tax | 733,000 | 790,000 | 684,000 | 976,000 |
Income Tax Expense | 169,000 | 353,000 | 330,000 | 376,000 |
Minority Interest | - | - | - | - |
Net Income From Continuing Ops | 564,000 | 437,000 | 354,000 | 600,000 |
Non-recurring Events | ||||
Discontinued Operations | - | - | - | - |
Extraordinary Items | - | - | - | - |
Effect Of Accounting Changes | - | - | - | - |
Other Items | - | - | - | - |
Net Income | ||||
Net Income | 564,000 | 437,000 | 354,000 | 600,000 |
Preferred Stock And Other Adjustments | - | - | - | - |
Net Income Applicable To Common Shares | 564,000 | 437,000 | 354,000 | 600,000 |
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