Question: 1. Which indicator in exhibit 4 is better for predicting the net profit? Why? Then show how you will predict profit for 2023 based on

1. Which indicator in exhibit 4 is better for predicting the net profit? Why? Then show how you will predict profit for 2023 based on the best factor.

Year

Turnover

(Based on 2013 Index of 100)

Net Profit

(Based on 2013 Index of 100)

Shareholders

Equity (Based on 2013 Index of 100)

Return on

Equity (Based on

Actual Figures)

2013

100.00

100.00

100.00

14.94%

2014

98.08

189.12

115.62

25.05%

2015

131.21

242.55

138.93

26.73%

2016

133.77

257.49

164.63

23.95%

2017

141.00

308.99

195.15

24.25%

2018

141.92

285.78

222.71

19.65%

2019

160.77

414.70

241.42

26.30%

2020

171.72

378.50

247.60

23.41%

2021

171.24

392.43

271.37

22.14%

2022

206.36

414.72

307.54

20.65%

2023

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