Downtown Radiology's accountant projected that revenue would be considerably higher than that provided by Professional Marketing Associates.

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Downtown Radiology's accountant projected that revenue would be considerably higher than that provided by Professional Marketing Associates. Since ownership interest will be made available in some type of public offering, Downtown Radiology's management must make a decision concerning the accuracy of Professional Marketing Associates' projections. You are asked to analyze the report. What recommendations would you make?
Some years ago Downtown Radiology developed a medical imaging center that was more complete and technologically advanced than any located in an area of eastern Washington and northern Idaho called the Inland Empire. The equipment planned for the center equaled or surpassed the imaging facilities of all medical centers in the region. The center initially contained a 9800 series CT scanner and nuclear magnetic resonance imaging (MRI) equipment.
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Business Forecasting

ISBN: 978-0132301206

9th edition

Authors: John E. Hanke, Dean Wichern

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