Question
Make a 5-year sales forecast for East End. Clearly state your assumptions. (10 marks) If your contribution margin is 70%, make a pro-forma Income
- Make a 5-year sales forecast for East End. Clearly state your assumptions. (10 marks)
- If your contribution margin is 70%, make a pro-forma Income Statement showing sales, cost of goods sold and the gross margin. (2 marks)
- How will this contribution margin affect the riskiness of the business? (3 marks)
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5Year Sales Forecast for East End Assumptions Historical Sales Data Utilize historical sales data for East End to identify trends and patterns Market Analysis Consider market growth rates consumer tre...Get Instant Access to Expert-Tailored Solutions
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Financial and Managerial Accounting
Authors: Horngren, Harrison, Oliver
3rd Edition
978-0132497992, 132913771, 132497972, 132497999, 9780132913775, 978-0132497978
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