1. Determine the year-to-year percentage annual growth in total net sales.
2. Based only on your answers to question #1, do you think the company achieved its sales goal of +10% annual revenue growth in 2009? Determine the target revenue figure, and explain why you do or do not feel that the company hit its target.
Next, consider Micro Chip's Consolidated Statement of Operations for the year ended September 25, 2008. Download the file here and answer questions 1 and 2.
1. Use the Percentage Sales Method and a 25% increase in sales to forecast Micro Chip's Consolidated Statement of Operations for the period of September 26, 2008 through September 25, 2009. Assume a 15% tax rate and restructuring costs of 5% of the new sales figure.
2. Discuss your results from question number #1. What assumptions have you made? Do any of your assumptions seem unreasonable?
To receive full credit on this assignment, please show all work, including formulae and calculations used to arrive at the financial values.
Students using Microsoft Excel must provide an adequate explanation of the methodology used to arrive at that answer.
Assignment Guidelines
· Download the financial statements and consolidated statement of operations by clicking on the links above in the assignment description.
· Analyze the statements and then answer the four questions listed in the assignment description.
· Show all work including calculations and formulas. If applicable, provide a detailed explanation of how you used Microsoft Excel to arrive at your answers.
· Organize your answers, mathematical calculations, and Microsoft Excel data into a Word document of 1-2 pages.
Your submitted assignment (120 points) must include the following:
· A double-spaced Word document of 1-2 pages that contains your answers to the four questions listed in the assignment description, any calculations you performed, and all formulae that were used. Also, provide your Excel data table(s) along with an explanation of how you arrived at your answers if applicable.
2nd assignment- 2-3 pages
Complete the following portions of your strategic plan:
· Describe the health care organization's service strategy. Include strategies to create a healing environment within your organization that affects patients, visitors, and employees.
Be sure to address the following:
· How does your service strategy develop a culture of customer service?
· How does your service strategy create an environment for employees?
· Identify how your service strategy is linked to the organizational vision and mission.
Your assignment will be graded in accordance with the following criteria. Click here to view the grading rubric.
Please submit your assignment.
For assistance with your assignment, please use your text, Web resources, and all course materials.
· Objectives:
o Assess the areas to consider when managing to reduce and control hazards and risks: prevent accidents and injuries; and maintain safe workplace conditions.
o Explain the process for ensuring the number, competency, and skill mix of staff as related to the provision of needed services.