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  • 9th Financial Forecasting

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    209BHARAT MOHTA
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    Sales are forecast to grow 6% annually. Cost of goods sold as a percentage of sales is forecast to be 64% in 2019. Selling and administrative expenses are forecast to be 34% of revenue. Interest expense is forecast to increase to 5.6% of outstanding debt and bonds in 2019 due to taking on additional debt. The company's tax rate is 25% and key inventory metrics like days payable and receivable are forecast. Capital expenditures are budgeted at $119 million for 2019 with depreciation of $68 million.

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    Sales are forecast to grow 6% annually. Cost of goods sold as a percentage of sales is forecast to be 64% in 2019. Selling and administrative expenses are forecast to be 34% of revenue. Interest expense is forecast to increase to 5.6% of outstanding debt and bonds in 2019 due to taking on additional debt. The company's tax rate is 25% and key inventory metrics like days payable and receivable are forecast. Capital expenditures are budgeted at $119 million for 2019 with depreciation of $68 million.

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    2 views3 pages

    9th Financial Forecasting

    Uploaded by

    209BHARAT MOHTA
    Sales are forecast to grow 6% annually. Cost of goods sold as a percentage of sales is forecast to be 64% in 2019. Selling and administrative expenses are forecast to be 34% of revenue. Interest expense is forecast to increase to 5.6% of outstanding debt and bonds in 2019 due to taking on additional debt. The company's tax rate is 25% and key inventory metrics like days payable and receivable are forecast. Capital expenditures are budgeted at $119 million for 2019 with depreciation of $68 million.

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    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
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    of 3

    Sales growth rate 6%

    COGS as % sales 63.40% 62.10%


    COGS as % sales forecast 64%
    S&A forecast 34%
    Interest 5.60% of debt and bonds at year end
    Tax rate 25%
    Days recievables forecast 14
    Inventory turnover forecast 11
    Capex 119 million
    Depriciation 68 million
    Days payable forecast 30
    Accrued expenses 1.60% of revenue
    No. of shares 10 million
    Net Dividend 15 million
    Dividend/share 1.5
    Cash target 2.60% of revenue forecast
    INCOME STATEMENT
    2017 2018 2019 2019 linked interest
    Revenue 2713 2844 3015 3015
    COGS 1721 1768 1929 1929
    S&A expenses 913 964 1025 1025
    Interst Expense 12 12 12 15
    Tax 25 12 12 11
    Net Income 75 36 36 34
    Balance Sheet
    2017 2018 2019 2019 linked
    Cash 62 74 78 78
    Accounts Reciavebale 85 103 116 116
    Inventory 158 181 175 175
    Property 403 458 509 509
    708 816 878
    Accounts Payable 123 156 159 159
    Accured expense 41 48 48 48
    Bank Loan 24 32 70 73
    Bonds outstanding 200 200 200 200
    Common stock 125 125 125 125
    Owners equity 195 255 276 274
    708 816 878 879

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