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Determine tag-it can hit target increase in sales next year

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Reference no: EM132473387

Tag-It's CEO has predicted a 10% increase in total revenue next year. Utilizing the percentage of sales method, help with 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:

  1. 72,618
  2. 73,785
  3. 69,495
  4. 71,879

Question 1: Determine whether you think Tag-It can hit the target of a 10% increase in sales next year.

Reference no: EM132473387

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