Based on the data below, this company has lost funds for the posted years and should forecast as such. This organization should plan cuts. Do you agree? Why? What would you do if you are the leadership? Based on the data below, this company has lost funds for the posted years and should forecast as such. Thisorganization should plan cuts. Do you agree? Why? What would you do if you are the leadership?Information by geographic area (in millions):Fiscal Year EndedNet revenues:United StatesChinaOther countriesTotalLong-lived assets:United StatesChinaOther countriesTotalSSSOct 3, 202120,377.8 S3,674.85,008.029,060.6 S12,819.4 $4,673.84,143.021,636.2 SSep 27, 202016,879.8 $2,582.84,055.423,518.0 $12,624.9 $4,425.64,517.621,568.1$Sep 29, 201918,622.72,872.05,013.926,508.67,330.23,279.82,955.713,565.7

The question asks if this company has lost funds based on 3 years of revenue and asset data, and if…

Based on the data below, this company has lost funds for the posted years and should forecast as such. This organization should plan cuts. Do you agree? Why? What would you do if you are the leadership?

Based on the data below, this company has lost funds for the posted years and should forecast as such. This organization should plan cuts. Do you agree? Why? What would you do if you are the leadership?

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter9: Responsibility Accounting And Decentralization

Section: Chapter Questions

Problem 3PB: The income statement comparison for Rush Delivery Company shows the income statement for the current...

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Question

Based on the data below, this company has lost funds for the posted years and should forecast as such. This
organization should plan cuts. Do you agree? Why? What would you do if you are the leadership?
Information by geographic area (in millions):
Fiscal Year Ended
Net revenues:
United States
China
Other countries
Total
Long-lived assets:
United States
China
Other countries
Total
S
S
S
Oct 3, 2021
20,377.8 S
3,674.8
5,008.0
29,060.6 S
12,819.4 $
4,673.8
4,143.0
21,636.2 S
Sep 27, 2020
16,879.8 $
2,582.8
4,055.4
23,518.0 $
12,624.9 $
4,425.6
4,517.6
21,568.1
$
Sep 29, 2019
18,622.7
2,872.0
5,013.9
26,508.6
7,330.2
3,279.8
2,955.7
13,565.7

Leveraging special tenchniques in analyzing historical data to predict future trends. Forecasting covers the methods and types of forecasting and their application to case studies.

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