Question $1$ Not complete Marked out of $4\mathrm{.}00$ b$.$ Refine your forecast by using the separate historic growth in product revenues and service revenues $($from $2017$ to $2018)$ to estimate $2019$ product

and service revenues respectively for $2019.$ Also, use the historic growth in cost of revenues for each segment to forecast separate segment cost of

revenues. Assume other forecast assumptions are as in part a$.$

Note: Complete the entire question in Excel $($template provided above$).$ Using Excel, format each answer to two decimal places. Use Increase

Decimal or Decrease Decimal to adjust decimal places. Do not round answers. Then enter the answers into the provided spaces below with $\_$two

decimal places$\_.$

Note: Use negative signs with answers, when appropriate.

c$.$ Which forecasted income statement do we believe is more accurate?

Use Segment Disclosures to Forecast Income Statement

Following are revenue and cost of revenue numbers for Thermo Fisher Scientific.

Note: Complete the entire question using the following Excel template: Excel Template. Then enter the answers into the provided spaces below

with two decimal places.

a$.$ Use the historic growth in total revenues $($from $2017$ to $2018)$ to forecast total revenue for $2019.$ Use the historic rate of total cost of revenues to total

revenues to forecast total cost of revenues. Other forecast assumptions follow:

Note: Complete the entire question in Excel $($template provided above$).$ Using Excel, format each answer to two decimal places. Use Increase

Decimal or Decrease Decimal to adjust decimal places. Do not round answers. Then enter the answers into the provided spaces below with $\_$two

decimal places$\_.$

Note: Use negative signs with answers, when appropriate.