Historical company performance, industry growth rates, and economic indicators heavily influence top-down forecasting. The charm of top-down forecasting lies in its knack for weaving a cohesive narrative of a company’s financial future, grounded in its strategic goals and aspirations. Once…

The accounting for these is slightly different, though they are often listed together. Apple’s SG&A expenses were exactly the same after rounding in both quarters, suggesting consistent operational efficiency. Moreover, a ratio below 7% is exceptionally efficient for a large…