Question: Brianna would like to create a spreadsheet model for four years of this new product. She wants to account for increases year-over-year for gross revenue,
Brianna would like to create a spreadsheet model for four years of this new product. She wants to account for increases year-over-year for gross revenue, labor costs, material costs, and overhead costs in this model. Again, these growth rates are difficult to estimate, but she thinks that gross revenue will increase by 9% per year, labor costs by 4% per year, material costs by 6% per year, and overhead costs by 3% per year. However, she assumes the S&A and tax rates will remain unchanged over the course of four years. Make sure to calculate total values for all revenue, cost, and profit data over the four years
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