The attached selected financial statements for Apple Computers have been taken out the company's SEC filings. Answer question 2 (question 1 has already been answered) as follows based on this data.
2. Based only on your answers to question #1 (see attachment), do you think the company will hit its sales goal of +20% annual revenue growth in 2000? Determine the target revenue figure, and explain why you do or do not feel that the company can hit this target.© BrainMass Inc. brainmass.com March 4, 2021, 5:53 pm ad1c9bdddf
Your task is to determine whether or not a 20% growth in sales is realistic for apple in 2000. First, figure out how much 20% growth would be. Simply multiply the 1999 number of $6,134 by 120%, or 1.2. This will yield an answer of somewhere in the $7000 range.
<br>Then, simply decide whether or not this is realistic, keeping in mind that:
<br>- Performance has ...