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#1
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How to calculate projected sales for 2011?
Need help on how to find a formula that will help me calculate projected
sales for 2001. Needing to find in quarters |
#2
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How to calculate projected sales for 2011?
Chrissy wrote:
Need help on how to find a formula that will help me calculate projected sales for 2001. Needing to find in quarters Even assuming you meant "sales for 2011" per your earlier post, projecting sales requires knowledge of past sales and future expectations. There is no one-size-fits-all-formula to incorporate all of this. What kind of information do you have? |
#3
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How to calculate projected sales for 2011?
"Chrissy" wrote:
Need help on how to find a formula that will help me calculate projected sales for 2001. Needing to find in quarters Most people offer a trivial solution, for example using the FORECAST function or other similar functions that presume a linear relationship. But that might be wrong. First, I suggest that you graph your historical data using Chart Wizard, choosing the X-Y chart and finding a trendline that fits the historical data best. If the linear trendline is truly the best fit, you might use FORECAST. Second, you should reflect on patterns of sales that might be circumstantial, not numerical. For example, seasonal variations, or interpendencies with the economic trends of other industries. Integrating that into your forecast model goes beyond "how to" questions about Excel formulas. This only scratches the surface. But it might give you something to think about before jumping into writing formulas. |
#4
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How to calculate projected sales for 2011?
if my 1st quarter sales were $7500.00 for 2010 what would my projected sales
be for 2011, with a projection rate of 8%. "smartin" wrote: Chrissy wrote: Need help on how to find a formula that will help me calculate projected sales for 2001. Needing to find in quarters Even assuming you meant "sales for 2011" per your earlier post, projecting sales requires knowledge of past sales and future expectations. There is no one-size-fits-all-formula to incorporate all of this. What kind of information do you have? |
#5
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How to calculate projected sales for 2011?
Take a look at excel help on function TREND()
If this post helps click Yes --------------- Jacob Skaria "Chrissy" wrote: if my 1st quarter sales were $7500.00 for 2010 what would my projected sales be for 2011, with a projection rate of 8%. "smartin" wrote: Chrissy wrote: Need help on how to find a formula that will help me calculate projected sales for 2001. Needing to find in quarters Even assuming you meant "sales for 2011" per your earlier post, projecting sales requires knowledge of past sales and future expectations. There is no one-size-fits-all-formula to incorporate all of this. What kind of information do you have? |
#6
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How to calculate projected sales for 2011?
If you are saying that you want to increase the $7500 by 8%, the formula is
=7500*(1+8%) or if your $7500 is in A2, =A2*(1+8%) -- David Biddulph "Chrissy" wrote in message ... if my 1st quarter sales were $7500.00 for 2010 what would my projected sales be for 2011, with a projection rate of 8%. "smartin" wrote: Chrissy wrote: Need help on how to find a formula that will help me calculate projected sales for 2001. Needing to find in quarters Even assuming you meant "sales for 2011" per your earlier post, projecting sales requires knowledge of past sales and future expectations. There is no one-size-fits-all-formula to incorporate all of this. What kind of information do you have? |
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