Estimate revenue for the first year of operation

Assignment Help Business Management
Reference no: EM132987462

An important step in developing a projected (pro forma) income statement is a sales forecast and calculate anticipated revenue for the business. Imagine you are creating a business; develop a sales forecast and estimate revenue for the first year of operation and describe the process you used to arrive at your estimates.

Reference no: EM132987462

Questions Cloud

Selection decisions concerning international assignments : Outline with practical examples, five (5) criteria involved in selection decisions concerning international assignments?
How should managers handle the gray zones : How should managers handle the "gray zones" that are common to ethical dilemmas in organizations? Explain.
Illustrate the performance of using a scooter : Illustrate the performance of using a scooter from the user's perspective.
Huge variance in production data : One of the challenges in new system implementation is the huge variance in production data, versus test data or the vendor's sample data. As project lead, how e
Estimate revenue for the first year of operation : An important step in developing a projected (pro forma) income statement is a sales forecast and calculate anticipated revenue for the business. Imagine you are
Explain why waste should be avoided : Provide a definition of the term 'wastage' in the context of a commercial kitchen. In your response, explain why waste should be avoided.
Practice of mobanker in the field of credit risk management : Identify the business problem that Mobanker was facing. Examine the need for the company to ideate the development of a risk propensity model?
Importance of sampling a population in research : Discuss the importance of sampling a population in research
Describe the business model of digital strategy : Describe the business model of digital strategy or digital disruption Indian Railway Catering and Tourism Corporation (IRCTC). Describe how IRCTC's business mod

Reviews

Write a Review

Business Management Questions & Answers

  Accordance with organization goals and objectives

Why is it necessary to develop and implement performance plans in accordance with organization's goals and objectives?

  Critical review-best practices for a reduction in workforce

The increasingly competitive nature of the global economic marketplace has resulted in organizations making continual changes to their workforce requirements.

  What factors occurred to change the growth

After watching the video on the economic and political systems of India and China from 2009, and reading this New York Times editorial editorial by Pranab.

  Measuring college prestige vs the cost of enrollment

What determines the value of a college? Is the cost of a "prestigious" college worth the price? Why or why not?

  Discuss whether you believe the author''s claim is valid

Finally, discuss whether you believe the author's claim is valid. Use relevant concepts, themes, and material from this course along with your critical analysis provided above to defend your response.

  International magazines and more

The Super Global International Food Market is filled with nuts, books, vegetables, fruits, rice, foreign DVDs, international magazines and more.

  Design a nested loop that displays

Design a nested loop that displays 10 rows of # characters. There should be 15 # characters in each row.

  Describe two ways that toyotas operations might have changed

ASSIGNMENT: Introduction to Business- Describe two ways that Toyota's operations might have changed if it had focused on low cost instead of quality.

  Determining the rejection region

What is the "Rejection Region" for a two tailed hypothesis test that uses the z test statistic with a = 0.08?

  Management and sdlc focuses on it infrastructure

Take what you learn from it as well as your own reading and what is a process for adjusting real time Operational Reporting. For example, who would be involved?

  Service component of sales into consideration

Explain why it is necessary to take the service component of sales into consideration when identifying the promotional strategies that will be followed

  Perfection have in business communication

What place, if any, does perfection have in business communication? How will you use this knowledge to help you communicate more successfully in business?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd