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    Forecasting

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    Apple Computers Sept.26, 1998 through Sept. 25, 1999 % of Sales Forecast for Sept. 26, 1999 through Sept. 25, 2000

    Sales $6,134 100% $7,361
    Cost of Sales $4,438 72.35% $5,326
    Gross Margin $1,696 $2,035
    Operating Expenses:
    R & D $314 5.12% $376.88
    Selling, General, and Administrative $996 16.24% $1,195.43
    In-Process R & D
    Restructuring Costs $73.61
    Total Operating Exp $1,310 $1,645.92
    Operating Income $386 $389.08
    Total Interest & Other Income Net $317 5.17% $380.56
    Income Before Provision For Income Taxes $703 $769.64
    Provision For Income Taxes (15%) $105 $115.45
    Net Income $598 $654.19

    Discuss the forecasting results. What assumptions have you made? Do any of your assumptions seem unreasonable?

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    https://brainmass.com/business/business-management/forecasting-22341

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    The Net income has increased to $654.19 which is an year to year % growth of 9.40% =(654.19/598)-1

    This compares well with sales and expense figures which have grown by 20%

    The difference in % is because of ...

    Solution Summary

    Discusses the forecasting reults.

    $2.19

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