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How much operating income would GR make if revenue grew at the same rate in fiscal year 2004 as it did in 2003 and each

How much operating income would GR make if revenue grew at the same rate in fiscal year 2004 as it did in 2003 and each of the following costs remained at their 2003 levels:

- COGS

- SG&A expenses

- R&D expenses

- Depreciation and amortization


Statement (in $ millions)20032002  
Revenue    
Products34003020  
Services180140  
Total Revenue35803160  
COGS    
Products260270  
Services9585  
Total Cost of Revenue355355  
Gross Profit32252805  
     
SG&A12601020  
R&D660610  
Depreciation/Amortization270315  
Operating Income(424)(400)  
Gain (loss) on sale of assets167  
Interest income (expense)3612  
Pretax Income(372)(381)  
Provision for income taxes207229  
Net Income(579)(610)  

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To calculate the operating income for GR Growth Rate in fiscal year 2004 we need to first determine the growth rate for each of the mentioned costs COGS SGA expenses RD expenses Depreciation and Amort... blur-text-image

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