Mr. Habaib, the controller in Sohar University, is worried about the fluctuation in student numbers in the University and the related revenues. He organized a cross functional team to estimate students’ numbers for the next 4 years. In depth market research revealed the following Current No. of students (year2017) is 7200 Estimations for the next 4 years are as follows
Year increase (decrease) 2018 (3%) of 2017 2019 (2%) of 2018 2020 (7%) of 2019 2021 (4%)of 2020 Mr. Habaib is seeking your help to predict revenues for the next 4 years, the student annual fees is O.R 2500. Instructions: Prepare a summary report of the University revenues (based on student fees) for the next 4 years; enrich your report with chart presentation or trends.