\u00a0
\nAssignment Details (please use Excel spreadsheet that is attached)
\nUtilizing the fictitious company Tag-It Corporation, prepare next year\u2019s forecast with a pro forma income statement. Here is the current income statement for Tag-It:
\nTag-It\u2019s CEO has predicted a 10% increase in total revenue next year. Utilizing the percentage of sales method, prepare a forecast for next year in the section provided on the Excel spreadsheet provided.
\nThe total revenue numbers over the past 4 years for Tag-It Corporation were as follows:\u00a0Values in Millions:
\n72,618
\n73,785
\n69,495
\n71,879
\nDetermine whether you think Tag-It can hit the target of a 10% increase in sales next year.
\nThe Excel spreadsheet provided, must include the answers to the 2 questions:\u00a0 1. An updated forecast for next year, and 2.\u00a0the answer to question regarding the target sales.
\nThe use of 1 scholarly sources\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"
\u00a0 Assignment Details (please use Excel spreadsheet that is attached) Utilizing the fictitious company Tag-It Corporation, prepare next year\u2019s forecast with a pro forma income…<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-147289","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/academicwritersbay.com\/answers\/wp-json\/wp\/v2\/posts\/147289","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/academicwritersbay.com\/answers\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/academicwritersbay.com\/answers\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/academicwritersbay.com\/answers\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/academicwritersbay.com\/answers\/wp-json\/wp\/v2\/comments?post=147289"}],"version-history":[{"count":0,"href":"https:\/\/academicwritersbay.com\/answers\/wp-json\/wp\/v2\/posts\/147289\/revisions"}],"wp:attachment":[{"href":"https:\/\/academicwritersbay.com\/answers\/wp-json\/wp\/v2\/media?parent=147289"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/academicwritersbay.com\/answers\/wp-json\/wp\/v2\/categories?post=147289"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/academicwritersbay.com\/answers\/wp-json\/wp\/v2\/tags?post=147289"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}