碰剥经悔贸昌大是 公司理财 Operating expenses This shows a much higher percentage of operating expenses to sales ratio than is being forecast for the expansion plan. Working capital needs This is currently lower than the forecast figure of 10%of additional sales. Sales The minimum predicted increase in sales over the next ten years is less than the increase in sales achieved over the past five years.The maximum predicted increase in sales is also less than the increase in sales achieved over the past five years. The main concern seems to be the assumptions regarding gross profit and operating expenses, which may require further examination. (8 marks) 第8页共8页公司理财 Operating expenses This shows a much higher percentage of operating expenses to sales ratio than is being forecast for the expansion plan. Working capital needs This is currently lower than the forecast figure of 10% of additional sales. Sales The minimum predicted increase in sales over the next ten years is less than the increase in sales achieved over the past five years. The maximum predicted increase in sales is also less than the increase in sales achieved over the past five years. The main concern seems to be the assumptions regarding gross profit and operating expenses, which may require further examination. (8 marks) 第 8 页 共 8 页