Projected Financial Details:Income Statement Projections:Net Sales Forecast: $6,000,000Projected Expenses: $4,000,000Sensitivity Analysis:Scenario 1: 10% Increase in...
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Accounting
Projected Financial Details:
- Income Statement Projections:
- Net Sales Forecast: $6,000,000
- Projected Expenses: $4,000,000
- Sensitivity Analysis:
- Scenario 1: 10% Increase in Sales
- Scenario 2: 10% Decrease in Sales
Requirements:
- Prepare a forecasted income statement.
- Conduct a sensitivity analysis for the given scenarios.
- Calculate the impact on net profit for each scenario.
- Present the projections and sensitivity analysis in a table format.
- Discuss the strategic decisions based on the sensitivity analysis.
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