Revenues Product revenues Service revenues Total revenues Costs and operating expenses 5 5 Product cost of revenues 7 Service cost of revenues 8 Total cost of revenues 9 Selling, general and administrative expenses 10 Research and development expenses 11 Restructuring and other costs, net 12 Total costs and operating expenses 13 Operating income 14 Other expense, net 15 Income from continuing operations before income taxes 16 Income tax expense 17 Income from continuing operations 18 Loss from discontinued operations 19 Net income 20 2018 $24,528 7,137 31.665 12,587 4,965 17,552 7,874 1,257 65 26,748 4,917 -677 4,240 421 3,819 0 $3,819 2017 $22,586 4,607 27,193 11,668 3,244 14,912 7,155 1,153 126 23,346 3,847 -690 3,157 261 2,896 -4 $2,892 F G H Selling, general and administrative expenses Research and development expenses Restructuring and other costs, net Other expense, net Income tax expense J 24.9% of total revenues 4.0% of total revenues $0 No Change 23% of pretax income

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
icon
Related questions
Question

Refine the forecast by using the historic growth in product revenue and service revenue from 2017 to 2018 to estimate 2019 products and service revenues respectively for the year 2019. Use historic growth in cost of revenue for each of the segments to forecast separate segment cost of revenue.

E26
Clipboard
Format Painter
24
25
26
27
Costs and operating expenses
:x fx
17 Income from continuing operations
18 Loss from discontinued operations
19 Net income
20
21
22
23
<
Revenues
Product Revenues
Service Revenues
Total Revenues
Ready
A
1
Revenues
2 Product revenues
3 Service revenues
4 Total revenues
5
6 Product cost of revenues
7 Service cost of revenues
8
Total cost of revenues
9 Selling, general and administrative expenses
10 Research and development expenses
11 Restructuring and other costs, net
12 Total costs and operating expenses
13 Operating income
14 Other expense, net
15 Income from continuing operations before income taxes
16 Income tax expense
>
Sheet1
IC
Accessibility: Investigate
>
+
Font
>
5
Al
B
12
ili
11
2018
$24,528
7.137
31,665
12,587
4,965
17,552
7,874
1,257
65
26,748
4,917
-677
4,240
421
3,819
0
$3,819
Forecast
C
||||
$ 26,637 ✔
11,056 ✔
37,693 ✔
2017
$22.586
4,607
27,193
11,668
3,244
14,912
7,155
1,153
126
23,346
3,847
-690
3,157
261
2,896
-4
$2,892
EE
Q Search
ILDI.
GOBE
Alignment
D
Merge & Center
F
F
L
17
$%950 000
G
Number
Selling, general and administrative expenses
Research and development expenses
Restructuring and other costs, net
Other expense, net
Income tax expense
H
In
C
1
Conditional Format as
Cell
Formatting Table Styles
Styles
J
V
24.9% of total revenues
4.0% of total revenues
⠀
$0
No Change
23% of pretax income
N
K
G
L
Transcribed Image Text:E26 Clipboard Format Painter 24 25 26 27 Costs and operating expenses :x fx 17 Income from continuing operations 18 Loss from discontinued operations 19 Net income 20 21 22 23 < Revenues Product Revenues Service Revenues Total Revenues Ready A 1 Revenues 2 Product revenues 3 Service revenues 4 Total revenues 5 6 Product cost of revenues 7 Service cost of revenues 8 Total cost of revenues 9 Selling, general and administrative expenses 10 Research and development expenses 11 Restructuring and other costs, net 12 Total costs and operating expenses 13 Operating income 14 Other expense, net 15 Income from continuing operations before income taxes 16 Income tax expense > Sheet1 IC Accessibility: Investigate > + Font > 5 Al B 12 ili 11 2018 $24,528 7.137 31,665 12,587 4,965 17,552 7,874 1,257 65 26,748 4,917 -677 4,240 421 3,819 0 $3,819 Forecast C |||| $ 26,637 ✔ 11,056 ✔ 37,693 ✔ 2017 $22.586 4,607 27,193 11,668 3,244 14,912 7,155 1,153 126 23,346 3,847 -690 3,157 261 2,896 -4 $2,892 EE Q Search ILDI. GOBE Alignment D Merge & Center F F L 17 $%950 000 G Number Selling, general and administrative expenses Research and development expenses Restructuring and other costs, net Other expense, net Income tax expense H In C 1 Conditional Format as Cell Formatting Table Styles Styles J V 24.9% of total revenues 4.0% of total revenues ⠀ $0 No Change 23% of pretax income N K G L
E26
Clipboard
Format Painter
24
25
26
27
Costs and operating expenses
:x fx
17 Income from continuing operations
18 Loss from discontinued operations
19 Net income
20
21
22
23
<
Revenues
Product Revenues
Service Revenues
Total Revenues
Ready
A
1
Revenues
2 Product revenues
3 Service revenues
4 Total revenues
5
6 Product cost of revenues
7 Service cost of revenues
8
Total cost of revenues
9 Selling, general and administrative expenses
10 Research and development expenses
11 Restructuring and other costs, net
12 Total costs and operating expenses
13 Operating income
14 Other expense, net
15 Income from continuing operations before income taxes
16 Income tax expense
>
Sheet1
IC
Accessibility: Investigate
>
+
Font
>
5
Al
B
12
ili
11
2018
$24,528
7.137
31,665
12,587
4,965
17,552
7,874
1,257
65
26,748
4,917
-677
4,240
421
3,819
0
$3,819
Forecast
C
||||
$ 26,637 ✔
11,056 ✔
37,693 ✔
2017
$22.586
4,607
27,193
11,668
3,244
14,912
7,155
1,153
126
23,346
3,847
-690
3,157
261
2,896
-4
$2,892
EE
Q Search
ILDI.
GOBE
Alignment
D
Merge & Center
F
F
L
17
$%950 000
G
Number
Selling, general and administrative expenses
Research and development expenses
Restructuring and other costs, net
Other expense, net
Income tax expense
H
In
C
1
Conditional Format as
Cell
Formatting Table Styles
Styles
J
V
24.9% of total revenues
4.0% of total revenues
⠀
$0
No Change
23% of pretax income
N
K
G
L
Transcribed Image Text:E26 Clipboard Format Painter 24 25 26 27 Costs and operating expenses :x fx 17 Income from continuing operations 18 Loss from discontinued operations 19 Net income 20 21 22 23 < Revenues Product Revenues Service Revenues Total Revenues Ready A 1 Revenues 2 Product revenues 3 Service revenues 4 Total revenues 5 6 Product cost of revenues 7 Service cost of revenues 8 Total cost of revenues 9 Selling, general and administrative expenses 10 Research and development expenses 11 Restructuring and other costs, net 12 Total costs and operating expenses 13 Operating income 14 Other expense, net 15 Income from continuing operations before income taxes 16 Income tax expense > Sheet1 IC Accessibility: Investigate > + Font > 5 Al B 12 ili 11 2018 $24,528 7.137 31,665 12,587 4,965 17,552 7,874 1,257 65 26,748 4,917 -677 4,240 421 3,819 0 $3,819 Forecast C |||| $ 26,637 ✔ 11,056 ✔ 37,693 ✔ 2017 $22.586 4,607 27,193 11,668 3,244 14,912 7,155 1,153 126 23,346 3,847 -690 3,157 261 2,896 -4 $2,892 EE Q Search ILDI. GOBE Alignment D Merge & Center F F L 17 $%950 000 G Number Selling, general and administrative expenses Research and development expenses Restructuring and other costs, net Other expense, net Income tax expense H In C 1 Conditional Format as Cell Formatting Table Styles Styles J V 24.9% of total revenues 4.0% of total revenues ⠀ $0 No Change 23% of pretax income N K G L
Expert Solution
steps

Step by step

Solved in 3 steps with 3 images

Blurred answer
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
Essentials Of Investments
Essentials Of Investments
Finance
ISBN:
9781260013924
Author:
Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:
Mcgraw-hill Education,
FUNDAMENTALS OF CORPORATE FINANCE
FUNDAMENTALS OF CORPORATE FINANCE
Finance
ISBN:
9781260013962
Author:
BREALEY
Publisher:
RENT MCG
Financial Management: Theory & Practice
Financial Management: Theory & Practice
Finance
ISBN:
9781337909730
Author:
Brigham
Publisher:
Cengage
Foundations Of Finance
Foundations Of Finance
Finance
ISBN:
9780134897264
Author:
KEOWN, Arthur J., Martin, John D., PETTY, J. William
Publisher:
Pearson,
Fundamentals of Financial Management (MindTap Cou…
Fundamentals of Financial Management (MindTap Cou…
Finance
ISBN:
9781337395250
Author:
Eugene F. Brigham, Joel F. Houston
Publisher:
Cengage Learning
Corporate Finance (The Mcgraw-hill/Irwin Series i…
Corporate Finance (The Mcgraw-hill/Irwin Series i…
Finance
ISBN:
9780077861759
Author:
Stephen A. Ross Franco Modigliani Professor of Financial Economics Professor, Randolph W Westerfield Robert R. Dockson Deans Chair in Bus. Admin., Jeffrey Jaffe, Bradford D Jordan Professor
Publisher:
McGraw-Hill Education