1. what are the projected sales for 2018

2. what is the projected gross profit for 2018

3.what is the projected net income for 0218

4. if 200,00 units were sold in 2017 , how many are estimated to be sold in 2018

5. in which year is the gross profit % more favorable

6. in which year are the operating expenses as a % of sales higher

Income Statements for the Years Ending: Pro-Forma 2018 Assumptions for 2018 15% increase in sales volume; no change in selling prices COGS as a % of sales is unchanged for 2018 Actual 2017 Sales $ 2,500,000 Cost of goods sold $ 1,900,000 Gross profit $ 600,000 Operating expenses: Salaries $ 250,000 Insurance $ 50,000 Depreciation on office equipment $ 20,000 Rental for office space $ 30,000 Rental for office equipment $ 5,000 All other $ 25,000 Total operating expenses $ 380,000 Operating profit $ 220,000 Interest expense $ 25,000 Pretax profit $ 195,000 Taxes at 25% $ 48,750 Net Profit $ 146,250 Salary increase of 4% for the full year 10% increase in insurance for full year no change no change one new computer rented at $2000 on Jan 1 inflation of 3% for the full year no change in debt or interest rates tax rate of 20% for 2018