Question: Using the forecasting assumptions below, fill out the yellow shaded cells with formulas. Assumptions: Net sales will decrease by 1 . 5 % ( 1
Using the forecasting assumptions below, fill out the yellow shaded cells with formulas.
Assumptions:
Net sales will decrease by basis points in FY
Because of ongoing restructuring and efficiency improvement measures, operating expenses as a percentage of net sales will be lower than in FY as follows: Cost of sales will be bases points lower, and SGA expenses will be points lower.
No announced divestitures for FY
Restructuring impairment, and other exit costs will be half the dollar amount reported in FY
The following line items remain unchanged in dollar terms: interest, net; Aftertax earnings from joint ventures, net earnings attributable to redeemable and noncontrolling interests.
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