Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
Related questions
Question
How to calculate the projected annual revenue.

Transcribed Image Text:123
4
5
6
7
8
9
10
11
A
B
с
Country
Q1
Canada 15000
Singapore 20000
Pakistan
25000
10000
27000
Spain
19000
Germany 26000
Nigeria
UAE
D
AllTech Group
Forecasted Global Revenue Dashboard for 2021
Q3
18000
22000
22000
11000
28000
21000
30000
E
Q2
16000
23000
21000
9000
26000
22000
28000
F
Q4
17000
21000
21000
8000
27000
22000
29000
Expert Solution

Step 1
The annual revenue represents the total revenues for an accounting period. The revenues refer to the sale of goods and services. The revenue is also referred to as turnover. The projected revenues are based on forecasted figures, The company makes its projection for different purposes like meeting the target, increasing revenues, and measuring performance.
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