See attached file.
Review Apple's Consolidated Statement of Operations for the year ended September 25, 1999 as shown below and answer the following questions:
1. Use the Percentage Sales Method and a 20% increase in sales to forecast Apples' Consolidated Statement of Operations for the period September 26, 1999 through September 25, 2000. Assume a 15% tax rate and restructuring costs of 1% of the new sales figure.
2. Discuss your results from question #1. What assumptions have you made?© BrainMass Inc. brainmass.com October 1, 2020, 5:25 pm ad1c9bdddf
Consolidated Statement of Operations
For the period September 26, 1999 - September 25, 2000
Cost of Sales $5,325.6
Gross Margin $2,035.2
Selling, General & Administrative $1,195.2
The solution presents the consolidated statement of Operations at September 25, 2000. There is a paragraph of analysis with assumptions listed.