Assignments Answers
  • Home
  • Post Question
  • Free signup
  • About
  • Contact us


Accounting and Forecasting

Use the selected financial statements for Micro Chip Computer Corporation. Answer questions 1 and 2 below based on the financial data.

  1. Determine the year-to-year percentage annual growth in total net sales.
  2. Based only on your answers to question #1, do you think the company achieved its sales goal of +10% annual revenue growth in 2009? Determine the target revenue figure, and explain why you do or do not feel that the company hit its target.

Next, consider Micro Chip’s Consolidated Statement of Operations for the year ended September 25, 2008.

 Use the Percentage Sales Method and a 25% increase in sales to forecast Micro Chip’s Consolidated Statement of Operations for the period of September 26, 2008 through September 25, 2009. Assume a 15% tax rate and restructuring costs of 5% of the new sales figure.

  1. Discuss your results from question number #1. What assumptions have you made? Do any of your assumptions seem unreasonable?

To receive full credit on this assignment, please show all work, including formulae and calculations used to arrive at the financial values. Students using Microsoft Excel must provide an adequate explanation of the methodology used to arrive at that answer.

Assignment Guidelines

  • Use the attached  financial statements and consolidated statement of operations by clicking on the links above in the assignment description.
  • Analyze the statements and then answer the four questions listed in the assignment description.
  • Show all work including calculations and formulas. If applicable, provide a detailed explanation of how you used Microsoft Excel to arrive at your answers.
  • Organize your answers, mathematical calculations, and Microsoft Excel data into a Word document of 1–2 pages.

Must include the following:

  • A double-spaced Word document of 1–2 pages that contains your answers to the four questions listed in the assignment description, any calculations you performed, and all formulae that were used. Also, provide your Excel data table(s) along with an explanation of how you arrived at your answers if applicable.



Assignment 2: Stakeholder Analysis BUS 499 (Week 10)

Related Posts

Uncategorized

Assignment 08 CJ390 Victimology

Assignment 08 CJ390 Victimology Directions: Be sure to make an electronic copy of your answer before submitting it to Ashworth College for grading.  Unless otherwise stated, answer in complete sentences, and be sure to use correct English spelling and grammar.  Sources must be cited in APA format.  Your response should be four (4) pages in […]

Uncategorized

IDEA requires that special education students be provided a free and appropriate public education (FAPE) in the least

IDEA requires that special education students be provided a free and appropriate public education (FAPE) in the least restrictive environment (LRE). Special education teachers are among of the decision makers who identify what is the most appropriate, least restrictive educational environment for each student for whom an Individualized Education Program (IEP) is developed. It is […]

Uncategorized

Imagine that you are the human resources (HR) manager at a small start-up company, and your company has just been awarded a new contract

Imagine that you are the human resources (HR) manager at a small start-up company, and your company has just been awarded a new contract that is requiring a huge increase in the organization’s workforce. As a result, you have been asked to outline the process that you will use to develop an internally consistent compensation […]

Search question here

Recent Posts

  • Assignment 08 CJ390 Victimology
  • IDEA requires that special education students be provided a free and appropriate public education (FAPE) in the least
  • Imagine that you are the human resources (HR) manager at a small start-up company, and your company has just been awarded a new contract
  • Imagine that you are the human resources (HR) manager at a small start-up company, and your company has just been awarded a new contrac
  • Capital Punishment in the United States-8
  • Watch the job search videos in CandidCareers.
  • Supply Chains may be efficient but not always effective.  Why is it important to create a balance of efficiency and effectiveness in the supply chain?
  • Review the Topic Materials and the work completed in NRS-433V to formulate a PICOT statement for your capstone project.
  • Explanation in Personality Theory
  • Health Promotion In Minority Populations