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QUESTION
Tag-It’s CEO has predicted a 10% increase in total revenue next year. Utilizing the percentage of sales method, prepare a forecast for next year in the section provided on the Excel spreadsheet prov
Tag-It’s CEO has predicted a 10% increase in total revenue next year. Utilizing the percentage of sales method, prepare a forecast for next year in the section provided on the Excel spreadsheet provided.
- The total revenue numbers over the past 4 years for Tag-It Corporation were as follows: Values in Millions:
- 72,618
- 73,785
- 69,495
- 71,879
- Determine whether you think Tag-It can hit the target of a 10% increase in sales next year.
