Question: Specific Actions - Create a reverse income statement Exhibit 3 Performance of DuPont and its Textile Fibers Department, 1960-1973 (in $ millions) DuPont Fibers Department
Specific Actions - Create a reverse income statement Exhibit 3 Performance of DuPont and its Textile Fibers Department, 1960-1973 (in $ millions) DuPont Fibers Department Sales Earnings Sales Earnings 1960 $2,143 $251 $ 712 $124 1962 2,407 309 815 159 1964 2,761 343 972 180 1966 3,159 372 1,087 163 1968 3,455 362 1,299 175 1972 4,961 418 1,885 184 1973 6,008 579 2,283 243 Identify the things that "have to be true" for the venture to succeed. These are the vital assumptions that must be tested. You must come up with at least three assumptions. There is a lot of information in the case that you can use to find what assumptions DuPont made. You can use these if you want to
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