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Fundamental Accounting Principles 22th Edition by John Wild ,Ken Shaw,Barbara Chiappetta
Edition 22ISBN: 978-0077862275Fundamental Accounting Principles 22th Edition by John Wild ,Ken Shaw,Barbara Chiappetta
Edition 22ISBN: 978-0077862275 Exercise 3
Access the annual report of Samsung ( at samsung.com ) for the year ended December 31, 2013. The usefulness of its budgets, variances, and related analyses depends on the accuracy of management's estimates of future sales activity.
Required
1. Identify and record the prior two years' sales (in W millions) for Samsung from its income statement.
2. Using the data in part 1 , predict sales activity for Samsung for the next two years. Explain your prediction process.
Required
1. Identify and record the prior two years' sales (in W millions) for Samsung from its income statement.
2. Using the data in part 1 , predict sales activity for Samsung for the next two years. Explain your prediction process.
Explanation
Verified
Verified
Global Decision
1.
S's sales figures fo...
Fundamental Accounting Principles 22th Edition by John Wild ,Ken Shaw,Barbara Chiappetta
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