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Looking at the sales growth overall one can see how the company has done over the past several years. Starting from the year 2000 till 2001, the sales grew by roughly 8%; the next two years showed a sharp decline that resulted from troubled economic times for the nation. Then in year five rose to exceed expectations. Year six shows good promise that the +10% annual revenue growth can be attained.
Micro Chip Computer Corporation Consolidated Statement
Consolidated Statement of Operations 2004 2005
Sales 8,334.00 10,000.80
Cost of Sales 5,458.00 65.5% 6549.60 65.5%
Gross Margin 2,876.00 34.5% 3451...
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