Target revenue
Not what you're looking for?
Based on the target revenue figure, explain why you do or do not feel that the company can hit the sales goal target of +20%.
Fiscal Years
(in millions except share and per share amounts) 1999 1998 1997 1996 1995
Net Sales $ 6,134 $ 5,941 $ 7,081 $ 9,833 $11,062
Net Income (loss) $ 601 $ 309 $ (1,045) $ (816) $ 424
Earnings (loss) per common share:
Basic $ 4.20 $ 2.34 $ (8.29) $ (6.59) $ 3.50
Diluted $ 3.61 $ 2.10 $ (8.29) $ (6.59) $ 3.45
Cash Dividends declared per common share $ -- $ -- $ -- $ 0.12 $ 0.48
Shares used in computing earnings (loss) per share (in thousands):
Basic 143,157 131,974 126,062 123,734 121,192
Diluted 174,164 167,917 126,062 123,734 123,047
Cash, cash equivalents, and short-term investments $ 3,226 $ 2,300 $ 1,459 $ 1,745 $ 952
Total Assets $ 5,161 $ 4,289 $ 4,233 $ 5,364 $ 6,231
Long-term Debt $ 300 $ 954 $ 951 $ 949 $ 303
Shareholder's Equity $ 3,104 $ 1,642 $ 1,200 $ 2,058 $ 2,901
Purchase this Solution
Solution Summary
Analyses whether company can hit the sales goal target of +20%.
Purchase this Solution
Free BrainMass Quizzes
Accounting: Statement of Cash flows
This quiz tests your knowledge of the components of the statements of cash flows and the methods used to determine cash flows.
Lean your Process
This quiz will help you understand the basic concepts of Lean.
Cost Concepts: Analyzing Costs in Managerial Accounting
This quiz gives students the opportunity to assess their knowledge of cost concepts used in managerial accounting such as opportunity costs, marginal costs, relevant costs and the benefits and relationships that derive from them.
Production and cost theory
Understanding production and cost phenomena will permit firms to make wise decisions concerning output volume.
Organizational Behavior (OB)
The organizational behavior (OB) quiz will help you better understand organizational behavior through the lens of managers including workforce diversity.