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The usefulness of budgets, variances, and related analyses often depends on the accuracy of management's estimates of future sales activity Required 1. Identify and enter the 2016 and 2017 sales (in dollars) into a table for Apple and Google using their financial statements in Appendix A. 2. Assume that at the end of 2016 we feel Apple's 2017 sales will increase by 5% from its 2016 sales. What is Apple's 2017 estimated sales? 3. Assume that at the end of 2016 we feel Google's 2017 sales will increase by 20% from its 2016 sales. What is Google's 2017 estimated sales? 4. Using answers to parts 2 and 3, which company's estimated 2017 sales is closer to its actual 2017 sales? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Identify and enter the 2016 and 2017 sales in dollars) into a table for Apple and Google using their financial statements in Appendix A. (Enter your answers in millions of dollars.) 2017 2016 Apple's sales Google's sales The usefulness of budgets, variances, and related analyses often depends on the accuracy of management's estimates of future sales activity. Required 1. Identify and enter the 2016 and 2017 sales (in dollars) into a table for Apple and Google using their financial statements in Appendix A. 2. Assume that at the end of 2016 we feel Apple's 2017 sales will increase by 5% from its 2016 sales. What is Apple's 2017 estimated sales? 3. Assume that at the end of 2016 we feel Google's 2017 sales will increase by 20% from its 2016 sales. What is Google's 2017 estimated sales? 4. Using answers to parts 2 and 3, which company's estimated 2017 sales is closer to its actual 2017 sales? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Assume that at the end of 2016 we feel Apple's 2017 sales will increase by 5% from its 2016 sales. What is Apple's 2017 estimated sales? (Enter your answer in millions of dollars.) 2017 Apple's estimated sales The usefulness of budgets, variances, and related analyses often depends on the accuracy of management's estimates of future sales activity. Required 1. Identify and enter the 2016 and 2017 sales (in dollars) into a table for Apple and Google using their financial statements in Appendix A 2. Assume that at the end of 2016 we feel Apple's 2017 sales will increase by 5% from its 2016 sales. What is Apple's 2017 estimated sales? 3. Assume that at the end of 2016 we feel Google's 2017 sales will increase by 20% from its 2016 sales. What is Google's 2017 estimated sales? 4. Using answers to parts 2 and 3, which company's estimated 2017 sales is closer to its actual 2017 sales? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Assume that at the end of 2016 we feel Google's 2017 sales will increase by 20% from its 2016 sales. What is Google's 2017 estimated sales? (Enter your answer in millions of dollars.) 2017 Google's estimated sales The usefulness of budgets, variances, and related analyses often depends on the accuracy of management's estimates of future sales activity Required 1. Identify and enter the 2016 and 2017 sales (in dollars) into a table for Apple and Google using their financial statements in Appendix A. 2. Assume that at the end of 2016 we feel Apple's 2017 sales will increase by 5% from its 2016 sales. What is Apple's 2017 estimated sales? 3. Assume that at the end of 2016 we feel Google's 2017 sales will increase by 20% from its 2016 sales. What is Google's 2017 estimated sales? 4. Using answers to parts 2 and 3, which company's estimated 2017 sales is closer to its actual 2017 sales? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Using answers to parts 2 and 3, which company's estimated 2017 sales is closer to its actual 2017 sales? Which company's estimated 2017 sales is closer to its actual 2017 sales?
