Explain the profit of the past (2011-2020) and future (2021-2026) based on the given forecast summary. 2011
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Explain the profit of the past (2011-2020) and future (2021-2026) based on the given forecast summary.
| 2011 | $5,509,629.34 | $1,217,150.16 | 7970808 | ||
| 2012 | $1,351,399.88 | $2,902,703.48 | 7936904 | ||
| 2013 | $2,916,655.17 | $3,072,217.63 | 8115616 | ||
| 2014 | $3,201,242.74 | $3,760,500.93 | 8299868 | ||
| 2015 | $3,831,652.16 | $4,871,128.34 | 8606364 | ||
| 2016 | $4,919,112.22 | $3,994,296.47 | 8628616 | ||
| 2017 | $3,016,379.58 | ($189,019.07) | 6543080 | ||
| 2018 | ($81,508.37) | $971,970.44 | 6342588 | ||
| 2019 | $1,028,299.65 | $863,510.89 | 6725520 | ||
| 2020 | ($2,014,686.91) | ($2,344.57) | 65252 | ||
| 2021 | $2,056,475.36 | $1,900,369.56 | 3856111 | 3505555.137 | |
| 2022 | $1,342,752.43 | $1,238,212.35 | 3194708 | 2904280.246 | |
| 2023 | $1,370,573.28 | $1,275,267.09 | 2533306 | 2303005.355 | |
| 2024 | $834,776.36 | $776,553.59 | 1871904 | 1701730.464 | |
| 2025 | $846,946.32 | $799,229.04 | 1210501 | 1100455.573 | |
| 2026 | $312,589.72 | $301,841.13 | 549099 | 499180.682 |
Expert Answer:
Explain the profit of the past 20112020 and future 20212026 based on the given forecast summary The profit from 2011 to 2020 reflects a steady growth ... View the full answer
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