1. Calculate the projected profit margins for 2019, 2020 and 2021 based on the forecast earnings growth chart.
2. Show the calculation formulas in the cells of the spreadsheet.
Financial history and projected financial performance for Nordstrom, Inc beginning in 2017 through 2021 | |||||||||
Fiscal year beginning February through January end-of-month the following year | |||||||||
Period Ending: | 2017 (Feb 16-Jan 17) | 2018 (Feb 17-Jan 18) | 2019 (Feb 18-Jan 19) | 2020 (Feb 19-Jan 20) | 2021 (Feb 20-Jan 21) | ||||
REVENUE (in millions) | $14,757 | $15,273 | |||||||
EXPENSES (in millions) | ($9,440) | ($9,880) | |||||||
CALCULATED PROFIT (in millions) | $5,317 | $5,393 | |||||||
PROFIT MARGINS | 36.03% | 36.31% | |||||||
PROJECTED REVENUE (in millions) | n/a | n/a | $15,808 | $16,361 | $16,934 | ||||
PROJECTED EXPENSES (in millions) | n/a | n/a | ($10,005) | ($10,471) | ($10,787) | ||||
PROJECTED PROFIT | n/a | n/a | $5,803 | $5,890 | $6,147 | ||||
PROJECTED PROFIT MARGINS | n/a | n/a |
Year | 2019 | 2020 | 2021 |
Projected revenue | 15808 | 16361 | 16934 |
Projected expenses | -10005 | -10471 | -10787 |
Projected Profit | 5803 | 5890 | 6147 |
Projected Profit Margins | 5803/15808 = 36.71% | 5890/16361=36% | 6147/16934=36.3% |
1. Calculate the projected profit margins for 2019, 2020 and 2021 based on the forecast earnings...
2024 Question 5 Create a forecast for the rest of 2020 and 2021. Period 2018 2019 2020 Jan 1300 1290 1200 Feb 1320 1324 1265 Mar 1340 1300 1300 Apr 1360 1300 1200 May 1380 1303 1100 June 1300 1200 1050 1320 1300 Aug 1340 1403 Sept 1300 1200 Oct 1320 1300 Nov 1340 1422 1363 1340 Pick a method that you think will work.