Access the annual report of DSG (at www.DSGiplc.com) for the year ended April 28, 2007. The usefulness

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Access the annual report of DSG (at www.DSGiplc.com) for the year ended April 28, 2007. The usefulness of its budgets, variances, and related analyses depends on the accuracy of management’s estimates of future sales activity.

Required
1. Identify and record the prior two years’ sales (in pounds) for DSG from its income statement.
2. Using the data in part 1, predict sales activity for DSG for the next two years. Explain your prediction process.

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Managerial Accounting

ISBN: 978-0073379586

2010 Edition

Authors: John J. Wild, Ken W. Shaw

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