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Melton Manufacturing opened in January 2 0 1 9 . Sales have increased significantly in the first two years of operations, and management is now
Melton Manufacturing opened in January Sales have increased significantly in the first two years of operations, and management is now looking to expand production capacity. To finance the purchase of a new factory, they would need to either raise capital or borrow funds. Create three line graphs in Excel one for units sold, one for sales revenue, and one for net operating income Add trendlines to all graphs.
a Extend the trendline out for months.
b Use the Polynomial Order trendline option for all charts
c To see how closely the trendline matches the data, check the Display Rsquared value on chart box. The closer the Rsquare value is to the better the match.
Create the same three graphs using the Forecast Sheet tool line charts in Excel.
a Set the Forecast End to
b Use an Confidence Interval.
c Check the Include forecast statistics box.
d Leave remaining defaults as is
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