Purchase Solution

Forecasting

Not what you're looking for?

Ask Custom Question

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?

Attachments
Purchase this Solution
Solution Summary

Discusses the forecasting reults.

Solution Preview

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 ...

Purchase this Solution
Free BrainMass Quizzes
Learning Lean

This quiz will help you understand the basic concepts of Lean.

Income Streams

In our ever changing world, developing secondary income streams is becoming more important. This quiz provides a brief overview of income sources.

Understanding the Accounting Equation

These 10 questions help a new student of accounting to understand the basic premise of accounting and how it is applied to the business world.

Situational Leadership

This quiz will help you better understand Situational Leadership and its theories.

Writing Business Plans

This quiz will test your understanding of how to write good business plans, the usual components of a good plan, purposes, terms, and writing style tips.

View More Free Quizzes
Related BrainMass Solutions

  • Appropriate Forecasting Technique for Aldi Foods

    (forecasting, n.d).

  • Planning tools for forecasting

    Forecasting Planning Tools 1. Quantitative Forecasting - This type of forecasting is a common method used in organizations. Quantitative predictions are generated by using past or historical data to forecast the future.

  • Developing a Financial Forecast for the Division

    Forecasting is an essential part of budgeting. Forecasting can be made by a firm for purpose other than budgeting whereas Budgeting makes by firm for purpose of forecasting (Kinney & Raiborn, 2008).

  • discussion on methodology of forecasting

    389756 Discussion on Methodology of Forecasting Provide an introduction and background discussion on methodology of forecasting. Give an example on forecasting. Forecasting is the practice of estimating future events.

  • Forecasting tools

    223236 Forecasting tools What criteria should an organization use in deciding what type of forecasting tools they should use? Criteria Used to Select Forecasting Tools Forecasting Tool is used to estimate the unknown events and situations.

  • Understanding Forecasting models as they apply to products

    houses can be forecasted by using linear regression model of forecasting-a quantitative method of demand forecasting.

  • Forecasting Methods used by Modern Corporations

    One of the newer forecasting techniques is called "scenario forecasting" (Dictionary of American History, 2003).

  • Types of demand forecasting

    This discusses the types of demand forecasting

  • The Challenges of Forecasting

    Consequences of under/over forecasting: • Under forecasting can result to opportunity cost of not being able to sell the product because no inventory exists • Under forecasting will result to lost commission for potential sales • Over forecasting

  • RevPAR and Forecasting

    409845 RevPAR and Forecasting Why is forecasting so important? How are RevPAR used for forecasting? Why is forecasting so important? How are RevPAR used for forecasting? Forecasting is important because it is less time consuming.

View More Related Solutions