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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

image text in transcribedimage text in transcribedimage text in transcribed 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. 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. 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. 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

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