Question: Draft a spreadsheet showing financial history and projected performance for Nordstrom. The rows should include revenue, expenses, calculated profit, and calculated profit margin. The columns

Draft a spreadsheet showing financial history and projected performance for Nordstrom. The rows should include revenue, expenses, calculated profit, and calculated profit margin. The columns should represent years: two years of history, plus three years of your reasonable future projections. Include a few sentences of key assumptions and conclusions. The spreadsheet must have accurate calculations and look professional on screen and when printed (including a heading and meaningful number formatting).

Income Statement

All numbers in thousands

Revenue 2/2/2019 2/3/2018 1/28/2017 1/30/2016
Total Revenue 15,860,000 15,478,000 14,757,000 14,437,000
Cost of Revenue 10,155,000 9,890,000 9,440,000 9,333,000
Gross Profit 5,705,000 5,588,000 5,317,000 5,104,000
Operating Expenses
Research Development - - - -
Selling General and Administrative 4,796,000 4,662,000 4,315,000 3,957,000
Non Recurring - - - -
Others - - - -
Total Operating Expenses 14,951,000 14,552,000 13,755,000 13,290,000
Operating Income or Loss 909,000 926,000 1,002,000 1,147,000
Income from Continuing Operations
Total Other Income/Expenses Net -176,000 -136,000 -318,000 -171,000
Earnings Before Interest and Taxes 909,000 926,000 1,002,000 1,147,000
Interest Expense -119,000 -141,000 -122,000 -112,000
Income Before Tax 733,000 790,000 684,000 976,000
Income Tax Expense 169,000 353,000 330,000 376,000
Minority Interest - - - -
Net Income From Continuing Ops 564,000 437,000 354,000 600,000
Non-recurring Events
Discontinued Operations - - - -
Extraordinary Items - - - -
Effect Of Accounting Changes - - - -
Other Items - - - -
Net Income
Net Income 564,000 437,000 354,000 600,000
Preferred Stock And Other Adjustments - - - -
Net Income Applicable To Common Shares 564,000 437,000 354,000 600,000

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