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Question 18 Directions: . Build a data table in G21:AB42 that shows what 2021 EPS would be based on the revenue growth rate and
Question 18 Directions: . Build a data table in G21:AB42 that shows what 2021 EPS would be based on the revenue growth rate and cost of goods sold / revenue assumptions listed in Table 1. Input the revenue growth rate assumptions horizontally in row 21 and the cost of goods sold / revenue assumptions vertically in column G When you're done, click the done button below. Done! Go to next question Income Statement for Lemonade Co. Revenues Net Profit Shares Outstanding EPS Revenue growth rate Cost of goods sold / Revenue Tax rate Projections 2016 2017 2018 1,500.0 2,500.0 4,500.0 2019 4,950.0 2020 2021 5,445.0 5,989.5 Cost of goods sold 1,200.0 3,400.0 4,000.0 3,960.0 4,356.0 4,791.6 Gross Profit 300.0 (900.0) 500.0 990.0 1,089.0 1,197.9 Operating costs 55.0 65.0 78.0 78.0 78.0 78.0 Non-operating costs 15.0 15.0 15.0 15.0 15.0 15.0 Pretax Profit Taxes 230.0 (980.0) 407.0 897.0 996.0 1,104.9 100.0 (200.0) 150.0 314.0 348.6 386.7 130.0 (780.0) 257.0 583.1 647.4 718.2 115.0 120.0 125.0 125.0 125.0 125.0 $1.13 ($6.50) $2.06 $4.66 $5.18 $5.75 67% 80% 10.0% 10.0% 10.0% 80% 43% 136% 89% 80.0% 80.0% 80.0% 20% 37% 35.0% 35.0% 35.0% Table 1. 2021 Assumptions Build data table here: Cost of goods Revenue growth rate: sold Revenue 1.0% 70.0% 2.0% 71.0% 3.0% 72.0% 4.0% 73.0% 5.0% 74.0% 6.0% 75.0% 7.0% 76.0% 8.0% 77.0% 9.0% 78.0% 10.0% 79.0% 11.0% 80.0% 12.0% 81.0% 13.0% 82.0% 14.0% 83.0% 15.0% 84.0% 16.0% 85.0% 17.0% 86.0% 18.0% 87.0% 19.0% 88.0% 20.0% 89.0% 21.0% 90.0%
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