The following is extracted from ABC Company 2021 Annual Report: The following table provides selected annual...
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The following is extracted from ABC Company 2021 Annual Report: The following table provides selected annual consolidated financial and non-financial information for the last three fiscal periods.. (in $millions, except per share amounts and number of retail locations) Revenue Net Income #of retail locations Required 2021 $12,463 $639 1,700 2020 $11,786 $564 1,687 2019 $11,427 $499 1,737 (a) Using only the data about sales revenue, calculate the year-over-year revenue growth. (b) Using the revenue growth % in (a) above, estimate the revenue for 2022. I The following is extracted from ABC Company 2021 Annual Report: The following table provides selected annual consolidated financial and non-financial information for the last three fiscal periods.. (in $millions, except per share amounts and number of retail locations) Revenue Net Income #of retail locations Required 2021 $12,463 $639 1,700 2020 $11,786 $564 1,687 2019 $11,427 $499 1,737 (a) Using only the data about sales revenue, calculate the year-over-year revenue growth. (b) Using the revenue growth % in (a) above, estimate the revenue for 2022. I
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a Revenue growth for a year Change in revenue during the year Revenu... View the full answer
Related Book For
Financial Reporting and Analysis
ISBN: 978-0078025679
6th edition
Authors: Flawrence Revsine, Daniel Collins, Bruce, Mittelstaedt, Leon
Posted Date:
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