Based only on your answers to question, do you think the company will hit 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 can hit this target.

Fin 310 micro chip’s consolidated statement

On the basis of the data provided, it’s difficult to predict whether the company can achieve its revenue goal for 2009 (+10% growth). We would require more information to be able to make an educated decision. This includes factors such as the total operating expense (including cost per unit sold), after-tax net income and additional capital investment.

Assuming all other variables remain constant –given the current rate of revenue increase over 2008 – the projected target revenue figure for 2009 can be determined by multiplying total 2008 revenues by 1.1 (which represents a 10% increase). However, without some context regarding these other metrics – it’s impossible to determine if hitting this figure is achievable given the resources available.

Ultimately – until more data becomes available, it’s difficult to say with certainty if this target is attainable!hter. It can increase productivity, and ultimately the success of a company.

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