Sales Forecast
marquin wrote:
How to create a workbook that computes a sales forecast for the next
year assuming an increase in sales of 5 percent, list each month from
january through december with a total forecasst for each month and for
the year.
Do you mean that total sales increases 5% per year, and you want to
apply the monthly rate equally to each month (surprise!) so that you
get a 5% annual increase?
In that case, the monthly rate can be computed as (in A1, for example):
=rate(12, 0, -1, 1+5%)
See how to apply that rate below.
Or do you mean that you want a year-over-year increase of 5% applied to
each month?
In that case, put 5% into A1.
In either case, if B1:B12 are last year's sales figures for each month,
next year's sales forecast can be computed in C1:C12 as follows (using
C1as an example; copy down to C2:C12):
=B1*(1+$A$1)
The total forecast for the year is simply SUM(C1:C12). The annual
percentage increase of total sales is (formatted as Percentage):
=sum(C1:C12) / sum(B1:B12) - 1
Or do you mean something else altogether? What?
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