Question
When forecasting pro forma, why did the tutor use (13234/13994)-1 = -5.43 instead of ((13234-13994) / 13994) *100 =-5.45? And why do Net Sales and
When forecasting pro forma, why did the tutor use (13234/13994)-1 = -5.43 instead of ((13234-13994) / 13994) *100 =-5.45? And why do Net Sales and COGS share the same growth assumption?
G5 1 2 fx =(13234/13994)-1 A B C D E F G Kodak Case 9-1 Forecasting Pro Forma Financial Statements 3 Income Statement 4 20x7 20x6 20x5 20x7 AG 20x6 AG 5 Net Sales 12515 13234 13994 -5.43% -5.43% 6 Cost of Goods Sold 8199 8670 8375 -5.43% -5.43%
Step by Step Solution
3.43 Rating (153 Votes )
There are 3 Steps involved in it
Step: 1
To calculate the values in cells G5 and G6 we need to use the given formula X 1323413994 1 C...Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get StartedRecommended Textbook for
Quality Inspired Management The Key to Sustainability
Authors: Harold Aikens
1st edition
131197568, 978-0131197565
Students also viewed these Finance questions
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
View Answer in SolutionInn App