You are asked to complete a financial projection for a hardware company using straight line method complete the form and compute the yearly projected sales and revenue using the following assumptions Here are some assumptions to consider: -income the company is projecting cells to increase 8% each year -interest income remain at 1200 every year
You are asked to complete a financial projection for a hardware company using straight line method complete the form and compute the yearly projected sales and revenue using the following assumptions Here are some assumptions to consider: -income the company is projecting cells to increase 8% each year -interest income remain at 1200 every year
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Question
You are asked to complete a financial projection for a hardware company using straight line method complete the form and compute the yearly projected sales and revenue using the following assumptions
Here are some assumptions to consider:
-income the company is projecting cells to increase 8% each year
-interest income remain at 1200 every year
![it.
Let's Perform & Practice (Activity)
Instruction: You are asked to complere a financial projection for a Harcware Company using straight-iline
ineinoo. Commplete ths lornm and compute the yearly projected sales and revenue asing the i. aSsumplions.
Actual
Projected
2017
2018
2019
2020
REVENUE
Gross Sales
P421,308.00
Interest Income
P1,200.00
Total Revenue
P422,508.00
Income:
-The company is projecting sales to increase 8% each year
-interest income will remain at P 1,200 every year](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F2b4ff168-50d7-4545-9e38-90db926bbe80%2Feecbeac2-8e1f-4790-9e07-6101d08e8000%2Fwsj0icj_processed.jpeg&w=3840&q=75)
Transcribed Image Text:it.
Let's Perform & Practice (Activity)
Instruction: You are asked to complere a financial projection for a Harcware Company using straight-iline
ineinoo. Commplete ths lornm and compute the yearly projected sales and revenue asing the i. aSsumplions.
Actual
Projected
2017
2018
2019
2020
REVENUE
Gross Sales
P421,308.00
Interest Income
P1,200.00
Total Revenue
P422,508.00
Income:
-The company is projecting sales to increase 8% each year
-interest income will remain at P 1,200 every year
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