Respuesta :
The anticipated income for 2017 is $13,642,021.
How come we predict revenue?
In order to plan how rapidly or how much to scale your business, it is crucial for all businesses to forecast their revenue. It's one of the most challenging things to estimate, though. Revenue prediction models support us in: Analyze the revenue and cost implications of the company's future growth.
According to the information:
1. Financial Model (depicting the Sales Units and Sales Revenue)
2014 2015 2016 2017 2018
Sales units 200,000 210,000 237,300 272,895 297,456
Sales Revenue 9,998,000 10,497,900 11,862,627 13,642,021 14,869,825
2. The anticipated income for 2017 is $13,642,021.
Data and Calculations:
2014 2015 2016 2017 2018
Growth Rate of Units Sold: 5% 13% 15% 9%
Sales units 200,000 210,000 237,300 272,895 297,456
Sales Price per unit = $49.99
Sales Revenue 9,998,000 10,497,900 11,862,627 13,642,021 14,869,825
We know that :
The sales revenue = Sales Units x Sales Price per unit.
The anticipated income for 2017 is $13,642,021.
To know more about forecast revenue visit:
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I understand that the question you are looking for is:
Instructions: Questions 1-4 use the financial model on tab Q1-4 in the Exam Workbook. Complete the model by filling in the blank cells before answering the question below. Answers should be rounded to the nearest whole number, comma separating 000s, NOT written in currency format. So if the answer is $5,505,210.50, you would input 5,505,210. What is forecast Revenue in 2017?
