Fin Unit 2 IP 1 - 1 Unit 1 Individual Project 1 Lorraine...

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Unformatted text preview: 1 Unit 1 Individual Project 1 Lorraine Huff FIN410-1003A-07 Financial Management American InterContinental University June 15, 2010 2 Part 1 Year-to-year percentage annual growth in total net sales 2004 2005 7.87% increase 2005 2006 23% decrease 2006 2007 33% decrease 2007 2008 35.7% increase (2004 2005) 8% increase 2004 Net Sales $11,062 2005 Net Sales $11,933 11933 11062 = 871 871/11062 = 0.0787 = 7.87% (2005 2006) -23% decrease 2005 Net Sales $11,933 2006 Net Sales - $9,181 9181 11933 = -2752-2752/11933 = -.2306 = -23% (2006 2007) 33% decrease 2006 Net Sales $9,181 2007 Net Sales $6,141 6141 9181 = -3040-3040/9181 = .3311= 33% (2007 2008) 36% increase 2007 Net Sales $6,141 2008 Net Sales $8,334 8334 6414 = 2193 2193/6414 = .3571 = 35.7% Sales goal of +10% annual revenue growth in 2009 = $9167.40 8,334 * 10% = 833.40 + 8334 = $9167.40 It is very unlikely that the company will hit its sales goal considering that their average sales growth was a 'decline' of -.03 over the It is very unlikely that the company will hit its sales goal considering that their average sales growth was a 'decline' of -....
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This note was uploaded on 01/18/2012 for the course FIN 456 taught by Professor Jinhall during the Spring '10 term at American InterContinental University.

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Fin Unit 2 IP 1 - 1 Unit 1 Individual Project 1 Lorraine...

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