NVIDIA Corp Income Statements are presented below. Analysts forecast that its 2018 sales will be $8,260. The expected 2018 tax

NVIDIA Corp Income Statements are presented below. Analysts forecast that its 2018 sales will be $8,260. The expected 2018 tax

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NVIDIA Corp Income Statements are presented below. Analysts forecast that its 2018 sales will be $8,260. The expected 2018 tax
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NVIDIA Corp  Income Statements are presented below. Analysts forecast that its 2018 sales will be $8,260. The expected 2018 tax rate will be 17.35%.
  Assume cost of goods sold, research and development, and other SG&A expenses are a function of time (year). Use the Trend function to forecast cost of goods sold, research and development, and Other SG&A expenses (on years). COGS: $Research and Development: $Other SG&A expenses: $ From your scatter plot trend line and regression analysis of COGS vs Sales, does there appear to be a consistent trend in this relationship?
Is the trend statistically significant at the 5% level?

Transcribed Image Text:

NVIDIA Corporation
Income Statement ($ in Millions)
For the Years 2012 to 2017
Sales
Cost of Goods Sold
Gross Income
Research & Development
Other SG&A
Depreciation Expense
Other Operating Expense
EBIT (Operating Income)
Nonoperating Income – Net
Interest Expense
Unusual Expense – Net
Jan-18 Jan-17 Jan-16 Jan-15
6,910
5,010 4,682
3,998
2,648
2,002 1,862 1,623
1,828 1,743
4,262
3,008 2,820
2,507
2,453
1,463
1,331 1,360 1,336 1,147
532
443
431
197
226
641
187
0
1,971
50
58
56
0
948
43
47
220
O
42
Jan-14 Jan-13
4,130 4,280
46
201 37
436
796 496
239
0
24
10
0
O
648
17
3
Jan-12
0
2,255
984
398
204
0
669
7
3
9

Expert Answer:

Answer rating: 100% (QA)

Below is the forecast for Jan2018 For COGS R D SGA I have used the trend function i have shared the trend function formula used to get the values To e
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