Part 1: Obtain the most recent financial statements for Microsoft from the U.S. Securities and Exchange Commission website (https://www.sec.gov/).
(Look for the annual report or Form 10-K.)
Part 2: Discuss and decide upon the best ratios for creating a forecast model for sales through operating income.
Part 3: Develop a forecast model for sales through operating income. Create the forecast in Excel. In a Word document describe the set of assumptions (ratios) you used and explain how you justify them.