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Year 2000 2001 2002 2003 2004 2005
Net Sales 11,062 11,933 9,181 6,141 8,334 9,167
Year to Year Growth 7.8% -23.1% -33.1% 35.7% 10%
Micro Chip Computer Corporation

Calculations for determining year-to-year percentage annual growth

(2001) 11,062-11,933=-871
-871/11,062=-0.078= 7.8%

(2002) 11,933-9,181=2,752
2,752/11,933=0.2306= -23.1%

(2003) 9,181-6,141=3,040
3,040/9,181=0.3311= -33.1%

(2004) 6,141-8,334=-2,193
-2,193/6,141=-0.357= 35.7%

Finding 10% increase in sales (Target Revenue Figure)

(2005) 8,334*1.1=9,167
8,334-9167=-833
-8,33/8334=-.0999= 10%

Arriving at a target figure of $9,167 one can deduce that in 2005 that the company can meet its sales goal of +10% likely that the company would meet its sales goal of+10%. Looking at the sales growth overall one can see how the company has done over the past several years.......

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Approximate Word Count: 2153
Approximate Pages: 9 (250 words per double-spaced page)

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