User Account

All Pages

Estimate next year cost of goods sold

Assignment Help Finance Basics
Reference no: EM132473562

Developing pro forma financial statements and cash flow forecasts depends heavily upon sales forecasts. Imagine you are a financial analyst working for a major stockbroker, and you are trying to develop a one-year sales forecast for a major national department store. List five pieces of information you want to obtain to aid you in your forecast, and explain why they will aid you in your forecast.

Now that you have made your best prediction of next year's sales, you will want to estimate next year's cost of goods sold. Pick two pieces of information you definitely want to obtain in order to help you with this task, and explain why they will be helpful.

Reference no: EM132473562

Questions Cloud

What would your effective annual interest rate : What would your effective annual interest rate equal if you make a purchase from a firm that has credit terms of 1/15 net 45 if you decide to give up
Determination of earnings quality and persistence important : Earnings are extremely important to a publicly traded company and the creditors and investors of that company.
Determine the retailer purchases or sells merchandise : The inventory system wherein a retailer's inventory account is updated whenever the retailer purchases or sells merchandise is a inventory system.
Conducting a financial ratio analysis : How can this problem be overcome? What does it mean to benchmark by industry? Why is this needed when conducting a financial ratio analysis?
Estimate next year cost of goods sold : Pick two pieces of information you definitely want to obtain in order to help you with this task, and explain why they will be helpful.
Describe the systematic allocation of the cost : The word to describe the systematic allocation of the cost of a plant asset from the balance sheet to an expense on the income statement is
Current dividend payout ratio from 50 percent : A firm does not plan to change its current dividend payout ratio from 50 percent. Currently, the firm is operating at full capacity and has the following:
What will be the capita intensity ratio : If annual sales, net fixed assets, and total assets are $51,600,$38,900, and $55,300, respectively, what will be the capita intensity ratio if the firm increase
Amount of additional equity financing needed : What would be the amount of additional equity financing needed to achieve this level of growth?

Reviews

Write a Review

Finance Basics Questions & Answers

  Financial reporting and analysis

Finance is about Gunns Ltd, a company in dealing with forestry products in Australia. The company has also been listed in Australian Stock Exchange. As many companies producing forestry products, even Gunns Ltd is facing various problems. Due to the ..

  A report on financial accounting

This report is specific for a core understanding for Financial Accounting and its relevant factors.

  Describe the types of financial ratios

Describe the types of financial ratios and other financial performance measures that are used during venture's successful life cycle.

  Differences between sole proprietorship and corporation

Briefly describe the major differences between a sole proprietorship and a corporation

  Prepare a cash budget statement

Calculate the expected value of the apartment in 20 years' time. What is the mortgage loan repayment at the beginning of each month

  What are the implied interest rates

What are the implied interest rates in Europe and the U.S.?

  State pricing theory and no-arbitrage pricing theory

State pricing theory and no-arbitrage pricing theory

  Small business administration

Identify the likely stage for each venture and describe the type of financing each venture is likely to be seeking and identify potential sources for that financing.

  Effect of financial leverage

The Effect of Financial Leverage and working capital management

  Evaluate the basis for the payment to the lender

Evaluate the basis for the payment to the lender and basis for the payment to the company-counterparty.

  Importance of opps, ipps, mpfs and dmepos

Research and discuss the differences and importance of : OPPS, IPPS, MPFS and DMEPOS.

  Time value of money

Time Value of Money project

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd