how do I conclude the expect revenue, cost of goods sold..?

Question

Please help me.
i am an accounting student, my teacher let us conlude the expect revenue, cost of goods sold, operating expense and net income for the next year for a company like comapbell's soup Inc. It is NOT allowed based on management or analyst projection , make my own decision. What resources can I refer to? please advice, thanks a lot.

Answer 1

Same As Last Year is usually not too far off.

Perhaps you can look at the last 5 years' financial statements and see the trend from year to year. Then guess that next year will continue in the same way.

Answer 2

use estimates of your own