Percent of sales method

 

Use the “percent of sales method” of preparing pro forma financial statements to determine

the projection for next year’s cost of goods sold. Make the following assumptions: current

year’s sales are $27,800,000; current year’s cost of goods sold is $17,528,000; sales are

expected to rise by 30%. What is the projection for next year’s cost of goods sold?

a. $21,459,200

b. $22,786,400

c. $20,481,000

d. $21,138,900

Sample Solution

Percent of sales method

The percentage of sales method is a financial forecasting model in which all of a business’s accounts, [financial line items like costs of goods sold, inventory, and cash], are calculated as a percentage of sales. Those percentages are then applied to future sales estimates to project each line item’s future. For example, an existing balance sheet might show an inventory of $600 at the fiscal year’s end, while the income statements reports sales of $1,200. In this case, the percentage of sales method assumes that inventory in future years is likely to be reported at 50 percent of the projected sales. The percent of sales method is one of the quickest ways to develop a financial forecast for your business, specifically for items closely correlated with sales.

 

 

An In-Depth investigation of Francis Ford Coppala’s The GodFather

Outfits

Francis Ford Coppola, a man with a good significance to this paper, once said the setting of 1940’s New York was vital to the topical (take a beverage each time the word topical is said in this paper) motivation behind the story.Within those parameters it become clear the style cycle we will sell in for The Godfather.In short, the motion picture has an “Adoptive parent” look,but sadly that specific descriptor has been pushed off the famous table so we’ll need to go into more detail.The closet of the film incorporates striped blazers,white dress shirts with flew out collars,butterfly ties,dress shoes and pants,Michael’s Veteran jacket,and for the scene’s in Sicily, te closet is ranchers like materials including yet not constrained to Suspenders,clogs,wedding clothes,plaid shirts, and rancher pants.While one may state that the film’s closet is nothing especially fascinating or in any event it’s not one of the film’s most grounded resources, notwithstanding if one somehow happened to scanning for concealed fortunes inside the textures sewn by the ensemble fashioners and the other closet help, one would not be disappointed.Within The Godfather the shades of high contrast are seen in different structures all through the film and This proceeds all through the costuming of the picture.Don,Tom,and Sonny all wear dark suits in dull settings signifing the deeps with which they dwell,you can see this exemplified wonderfully in the opening scene during the film.In differentiate anyway Michael is sporting dim and in truth he dons dim all through the film aside from during the death scene,any scene in Sicily where he white,or on account of the wedding,black,and any scene after he turns into The Godfather. Michael’s hazy area status stays all through the film as he wears altogether darker than most non-crowd members.The non-mobsters are for the most part just Kate and anybody at a wedding.Michael’s closet climate it be black,white, or dim stays reliable with his passionate and conversally stays steady with the numerous caps he wears all through the film and how the group of spectators is intended to see him.This being climate they consider him to be a legend in a merciless world,A villian in a world implied for him, or an untouchable constrained into something he really doesn’t want.For each other character closet stays predictable aside from key differences.An case of this would be Don Corleone who dons dark during each scene with the exception of his demise scene,a scene which appears at one of only a handful barely any occasions he’s genuinely settled.

Make-up

The Godfather himself Marlon Brando had done upon him one of the best if not at any rate most notable make up employments in Cinematic History. Wear Corleone’s look is so attractive thus vital that him essentially running his marginally shut hands over his cheeks has become a really notable picture in film. His plan directions a feeling of riddle and never lose your attention.It shows Don as a man with a previous one in which the crowd turns out to be accidentally tangled in unendingly stuck to each word that escapes his mouth.Now that has a great deal to do with Marlon Brando’s flawless execution in the film,but to deny the effect that make up craftsman Phillip Leto and Dick Rhodes did in making the look (with contribution from Coppalo) would be inane.The rest of the cosmetics is generally excellent through not a huge deal. Everybody in the film looks as they should,the blood,and some other impact look as they ought to for probably the best film on the planet.

Score

The Godfather’s primary topic is one of the most powerful and calming movie scores ever to be recognizable,fitting givin’ the movie’s odd remaining among the most well known movies in our pop culture.The score obviously conjures exemplary Italian music.Composer Nino Rota works summons the sound of a burial service and the weight and the mass of distress that accompanies it.The Godfather’s soundtrack gives the movie it’s bona fide Italian view and furthermore feeling of importance,like any great score it charms itself onto the movie like a custom fitted suit,never an excessive amount to be expelled from every scene except enough to notice and add to profundities at which the actors,script,and chief are propelling themselves.

Lighting/shading palette

The best stunt The Godfather at any point pulled was demonstrating what a striking, profound, and novel lighting plan can accomplish for a film.In simply the opening scene we are indicated an into a world really fantastical with dark whirling over and ahead a dimness of orange demonstrating later to stand out from a clamor of brilliant greens,pinks,and yellows in the unforgiving daylight all giving a sharp and totally other wordly vision to the screen.The films lighting and shading palette give the film a Grim fairlytale structure or a renaissance painting . The image framed from this alliance is something genuinely special.The Godfather looks more keen and more clear than most motion pictures of its time ,with a more engaging look than that of film resembles Jaws or Star Wars even known it prosedes those by a couple of years. Cinematographer Gordon Willis utilizes underlit lighting and overexposure was progressive at the time and still has far reaching influences through current cinema.The film’s topical strains lie in the basic double ideas of what makes somebody great or bad.In the scenes that happen in Don’s office the dull palette sparkles a dim dark with a light orange wherever it’s hard not consider this to be as a relationship for hellfire and the individuals who stroll in making manages the devil.This stretches out to the shade of the film.The Godfather utilizes its ridiculous shading palette and it’s warm hues to make a regal and fantastical style. A central motivation behind why The Godfather is such a well known film is on the grounds that it’s a film that is fantastical yet genuine in a way that nearly anybody can comprehend and relate to.All of this is ofcourse compatible to the content which is shows a superb feeling of degree practically unparalleled by most movies.

Content

Inside the plot of The Godfather there is a rambling story that includes a few several people,multiple countries,millions of dollars,politains,and the destiny of a few multi year old standing places of Mob families.In most different movies those numerous components would be difficult to move in one film,in certainty The Godfather here and there feels like a multi-scene crossing TV arrangement rather than a film,but even with that sense the almost 3 hour sit never over excepting or over stuffed,but a genuinely epic story being told in its entirity.The purpose behind this is the motion picture puts you square in the leader of the three siblings Sonny,Don, and Michael.The film shows the regular way of life of Don and Sonny and the world around responds which is typically by the bowing of their viewpoint wills.The Godfather stands head and shoulders above most movies by likewise indicating center of its characters.Sonny feels like a genuine pioneer prepared to take up the privately-owned company without a moment’s notice, Don feels like a finesse lion,waiting for his possibility strike, and Michael as to climate or not he can ensure his family while additionally continuing as before individual he was before.All of this works in light of the fact that the content is continually testing the characters and sprinkling their real nature on the screen for the group of spectators to ooh at.This is the place the movies “EPIC” tone comes from,not the occasions themselves,but these intriguing characters intense,intelligent,and over all fascinating character choices.The content additionally does something amazing at building up the imense significance of each action.In the principal demonstration we see a case of this in how the Corleone’s get the studio to sign cousin into a movie.The scene with the pony head in the bed is compelling for various reasons however one of those is to set up the sort of intensity the Corleone family has.Scenes are devoted to how they cops and lawmakers in the palms of there hands and all of a sudden the entirety of its drawn out when Don is shot. Wear’s brush with death lights the sparkle that lights the discharge that impels the remainder of the story forward.It’s likewise essential to make reference to the film’s talent for never releasing anything quietly or without a significant impact.This doesn’t begin and stop at Don’s shooting yet in addition Sonny shooting,the passings toward the finish of the film and the beating of Connie’s husband.When progress to Michael’s point of view is additionally very natural.We get P.O.V’s together with michael with him visiting his dad in the hospital,to him attempting to secure him to him playing a progressively proactive job in the business as he intends to shot the individuals who shot his family.The film makes a superb showing setting up michael newly discovered status in the film to move from Don’s viewpoint to Michael’s through Michael’s activity and not just in light of the fact that the content requests him to be.

Sound

The Godfather utilize sound to it’s advantage to make a closeness with its crowd that most movies just don’t.The Gunshot shoot were sensible and that incorporates everything else in the film.The film likewise utilizes music manufacture differentiate inside the tone and feeling of a specific scene.Sound is used by the producers to make distinctive pictures of the life of a gangster.This is exemplified during Sonny’s passing scene which brillantly utilizes no music and an exceptional utilize sound to turn into a clearly notorious scene.The Godfather doesn’t utilize straightforward numerous ordinary sounds yet that lone encourages add to the movies fantastical tone. The Godfather likewise has incredible impact with sounds in others areas.Every broke plate of glass,fallen bit of substantial wardrobe,and hit leaves such an impact,you feel like you’re in a similar room as the occasion that has recently taken place.The sound like everything else in the film feels like it was structured specifcally to cause the same number of heaves as humanly possible,and sound,importantly,is one of them.

Mind-set

The Godfather isn’t a children film,that might be the realistic modest representation of the truth however it’s actual the film groups such a gravity, such a sensa

 

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