The following data has been taken from a grocery store in California.

Find out the forecasted data for the 10 th year via the Fo

Year Revenue
1 $100
2 $120
3 $150
4 $166
5 $172
6 $154
7 $193
8 $187
9 $185
10 ??

Forecasting is calculated using the formula given below

FORECAST(x, known_y’s, known_x’s)

Forecasting $210
data for the 10 th year via the Forecast function of Excel. 
One of the companies in Japan is thinking of acquiring an American company based out of Birmingham, Alabama.
The data for the year 2011 is required for the valuation of the company. So, calculate the forecasted data of Sales
and Operating Expenses for the year 2011 by using the Forecasting formula in excel.

Year Sales Operating Expenses

2000 $100,000.00 $70,000.00
2001 $120,000.00 $91,000.00
2002 $111,000.00 $87,000.00
2003 $140,000.00 $110,000.00
2004 $155,000.00 $113,000.00
2005 $170,000.00 $115,000.00
2006 $166,000.00 $121,000.00
2007 $180,000.00 $125,000.00
2008 $190,000.00 $133,000.00
2009 $210,000.00 $154,000.00
2010 $240,000.00 $173,000.00
2011 ?? ??

Forecasting is calculated using the formula given below

FORECAST(x, known_y’s, known_x’s)

Sales Operating Expenses

Forecasting $237,709 $168,891
ngham, Alabama.
sted data of Sales
Similar to the previous example, Calculate the forecasted figure denoted by ( ??) for the year 2020 in the Income and Expen

Year Income Expenses

2010 $5,000.00 $4,300.00
2011 $7,700.00 $6,800.00
2012 $8,100.00 $7,400.00
2013 $9,200.00 $8,600.00
2014 $9,100.00 $8,700.00
2015 $9,000.00 $8,900.00
2016 $8,600.00 $8,200.00
2017 $10,000.00 $9,200.00
2018 $10,500.00 $9,600.00
2019 $11,000.00 $9,500.00
2020 ?? ??

Forecasting is calculated using the formula given below

FORECAST(x, known_y’s, known_x’s)

Income Expenses
Forecasting $11,527 $10,600
year 2020 in the Income and Expenses column.