10-YEAR INCOME STATEMENT FORECAST

This project required the forecast of income statement data for an unidentified company for a 10-year period. The Income statement forecasts were for 2003-2012 inclusive. Actual data for 2000-2002 inclusive provided the base data for the forecasts.

The compounded annual growth rate (CAGR) method was applied to project non-fixed items. The non-fixed items were as follows:

Administration expense, utilities expense,

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