Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Tag-it has predicted a 15% increase in total revenue next year. How would the break even analysis be presented in table form? And in explination?

Tag-it has predicted a 15% increase in total revenue next year.
How would the break even analysis be presented in table form? And in explination?
image text in transcribed
Tag-It's CEO has predicted a 15% increase in total revenue next year. Utilizing the percentage of sales method, prepare a forecast for next year in the correct section on the Excel spreadsheet.
The total revenue numbers over the past 4 years for Tag-It Corporation were as follows (values in millions):
73,785
69,495
71,879
75,356
Determine whether you think Tag-It can hit the target of a 15% increase in sales next year.
Be sure to show your breakeven analysis in a table in a word document. Answer the questions above as part of your analysis The breakeven analysis can be one page
^^^^ the breakeven analysis is what i dont understand
FINA310 IP TEMPLATE FOR STUDENTS Student name: Date: ACTUAL FORECAST 2018 2019 Total Revenue $ 71,879 Cost of Revenue $ (51,125) Gross Profit $ 20,754 Operating Expenses: Selling, General, and Administrative $ (14,248) $ Research and Development Special Income/Other Charges Total Operating Expenses $ (2,194) (16,442) $ Operating Income $ 4,312 Net Interest Income $ (666) edite Pre-Tax Income S 3,646 Provision for Income Tax (19.5%) $ (711) Net Income $ 2.935

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Financial Management For Decision Making

Authors: Harold Jr. Bierman, Seymour Smidt

1st Edition

1587982129, 9781587982125

More Books

Students also viewed these Finance questions

Question

Has your organisation defined its purpose, vision and mission?

Answered: 1 week ago