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    Target revenue

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    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

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    https://brainmass.com/business/sales-revenue/target-revenue-22188

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    Solution Summary

    Analyses whether company can hit the sales goal target of +20%.

    $2.49

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