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 1.5%(150 basis points) in FY2017.
Because of ongoing restructuring and efficiency improvement measures, operating expenses as a percentage of net sales will be lower than in FY2016 as follows: Cost of sales will be 200 bases points lower, and SGA expenses will be 50 points lower.
No announced divestitures for FY2017.
Restructuring impairment, and other exit costs will be half the dollar amount reported in FY2016.
The following line items remain unchanged in dollar terms: interest, net; After-tax earnings from joint ventures, net earnings attributable to redeemable and noncontrolling interests.
Using the forecasting assumptions below, fill out

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