How do I go about pursuing it? It is kicking my butt, I need some good ideas, Originality and diversity can lead to outcomes that maximize profit and enhance social well-being. Business leaders use measurable factors to help determine design and development decisions, "go" or "no-go" landmarks, financial models, and many "what if" situations. The new product or service is considered part of a system in this progression. You rocked your BMC and received a great response from the experienced project manager (PM). As you read the feedback, you realize that it's now time to develop the financial component. In the comments, the PM also stated that no matter how good an idea is, to senior management, it's a "no-go" if the new product or service does not produce sales. In preparation for your funding pitch, which you will present as your progress venture in Segment Seven, the PM also warns that funding pitches are quick and decisive. Including too much information could overwhelm senior management, cause more questions, and erode the purpose of the funding pitch. The PM's directive at this point is for you to develop a 24-month pro forma that demonstrates the potential profitability of the new product or service in an income statement. You will use the Segment Six Obligation Template accompanying the Recommendations for Offer portion to far-reaching consignment. You may use the current company's income statement to project what can be added to the company's profitability. This can be found in the company's 10-K. Look to other companies in the marketplace with products or services similar to your proposal as a basis for your projections. Additionally, you may use the company's current year numbers and critical assumptions based on your market analysis to project into the future. Remember, these numbers are purely speculative.

In the outline, you will unambiguously report the resulting: Previous fiscal year: Identify historical information for the previous fiscal year. 24-month projections: Speculate projections for 24 months. Explanation of assumptions: Explain how you could speculate appropriate assumptions. Insert the appropriate values in each row. Samsung- Phones Previous Fiscal Year 24-Month Projections Sales $ $ Cost of goods sold $ $ Gross profit $ $ Selling expenses $ $ Administrative expenses $ $ Total operating expense $ $ Income from operations $ $ Other income $ $ Income before tax and interest $ $ Other expense (interest) $ $ Income before income tax $ $ Income tax expense $ $ Net income $ $

Explanation of Assumptions [Insert one to two paragraphs explaining how you speculated appropriate assumptions.]

References