Draft a spreadsheet showing financial history and projected performance for Nordstrom. The rows should include revenue, expenses,...

Free

60.1K

Verified Solution

Question

Finance

Draft a spreadsheet showing financial history and projectedperformance for Nordstrom. The rows should include revenue,expenses, calculated profit, and calculated profit margin. Thecolumns should represent years: two years of history, plus threeyears of your reasonable future projections. Include a fewsentences of key assumptions and conclusions. The spreadsheet musthave accurate calculations and look professional on screen and whenprinted (including a heading and meaningful number formatting).

Income Statement

All numbers in thousands

Revenue2/2/20192/3/20181/28/20171/30/2016
Total Revenue15,860,00015,478,00014,757,00014,437,000
Cost of Revenue10,155,0009,890,0009,440,0009,333,000
Gross Profit5,705,0005,588,0005,317,0005,104,000
Operating Expenses
Research Development----
Selling General and Administrative4,796,0004,662,0004,315,0003,957,000
Non Recurring----
Others----
Total Operating Expenses14,951,00014,552,00013,755,00013,290,000
Operating Income or Loss909,000926,0001,002,0001,147,000
Income from Continuing Operations
Total Other Income/Expenses Net-176,000-136,000-318,000-171,000
Earnings Before Interest and Taxes909,000926,0001,002,0001,147,000
Interest Expense-119,000-141,000-122,000-112,000
Income Before Tax733,000790,000684,000976,000
Income Tax Expense169,000353,000330,000376,000
Minority Interest----
Net Income From Continuing Ops564,000437,000354,000600,000
Non-recurring Events
Discontinued Operations----
Extraordinary Items----
Effect Of Accounting Changes----
Other Items----
Net Income
Net Income564,000437,000354,000600,000
Preferred Stock And Other Adjustments----
Net Income Applicable To Common Shares564,000437,000354,000600,000

Answer & Explanation Solved by verified expert
4.1 Ratings (837 Votes)

1 2 3 4=(3-2)/2 5 6=(5-3)/3 7 8=(7-5)/5 9=(4+6+8)/3 10=7*(1+Col.9%) 11=10*(1+Col.9%) 12=11*(1+Col.9%)

Revenue

1/30/2016 1/28/2017 Change%(2017-2016)/2016 2/3/2018 Change%(2018-2017)/2017 2/2/2019 Change%(2019-2018)/2018 Av. Change% 2/2/2020 2/2/2021 2/2/2022
Total Revenue 14,437,000 14,757,000 2.22% 15,478,000 4.89% 15,860,000 2.47% 3.19% 16365953 16888047 17426796
Cost of Revenue 9,333,000 9,440,000 1.15% 9,890,000 4.77% 10,155,000 2.68% 2.86% 10445869 10745070 11052841
Gross Profit 5,104,000 5,317,000 4.17% 5,588,000 5.10% 5,705,000 2.09% 3.79% 5920084 6142977 6373955
Operating Expenses
Research Development 0
Selling General and Admn. 3,957,000 4,315,000 9.05% 4,662,000 8.04% 4,796,000 2.87% 6.65% 5115146 5455530 5818564
Non Recurring 0
Others 0
Total Operating Expenses 13,290,000 13,755,000 3.50% 14,552,000 5.79% 14,951,000 2.74% 4.01% 15561016 16200600 16871405
Operating Income or Loss 1,147,000 1,002,000 -12.64% 926,000 -7.58% 909,000 -1.84% -7.35% 804938 687447 555391
Income from Cont.Operations
Total Other Inc./Exp. Net -176,000 -318,000 80.68% -136,000 -57.23% -176,000 29.41% 17.62% -207012 -243488 -286391
Earnings Before Int. and Taxes 1,147,000 1,002,000 -12.64% 926,000 -7.58% 909,000 -1.84% -7.35% 804938 687447 555391
Interest Expense -112,000 -122,000 8.93% -141,000 15.57% -119,000 -15.60% 2.97% -122530 -126165 -129908
Income Before Tax 971,000 684,000 -29.56% 790,000 15.50% 733,000 -7.22% -7.09% 597926 443959 269000
Income Tax Expense 376,000 330,000 -12.23% 353,000 6.97% 169,000 -52.12% -19.13% 136671 110526 89383
Minority Interest 0
Net Income From Cont. Ops 595,000 354,000 -40.50% 437,000 23.45% 564,000 29.06% 4.00% 461255 333433 179617
Non-recurring Events
Discontinued Operations
Extraordinary Items
Effect Of Accounting Changes
Other Items
Net Income
Net Income 595,000 354,000 -40.50% 437,000 23.45% 564,000 29.06% 4.00% 461255 333433 179617
Preferred Stock & Other Adj. 0 0 0 0
Net Inc.Appl. To Common Shs. 595,000 354,000 -40.50% 437,000 23.45% 564,000 29.06% 4.00% 461255 333433 179617

Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students