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ABC COMPANY Income Statement For the Year Ended Dec 31, 2017 2017 2016 2015 2014 Sales 225,000 200,000 150,000 125.000 Cost of Goods Sold 155,000

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ABC COMPANY Income Statement For the Year Ended Dec 31, 2017 2017 2016 2015 2014 Sales 225,000 200,000 150,000 125.000 Cost of Goods Sold 155,000 140,000 105,000 90,000 Gross Profit 70,000 60,000 45,000 35,000 Selling and G&A Expenses 10,000 11,000 5,000 3,000 Fired Expenses 12,000 12,000 12,000 12,000 Depreciation Expense 2.500 3,500 1,000 EBIT 45,000 34,500 24,500 19.000 Interest Expense 20.000 15.000 10.000 5.000 Earnings Before Texa 25,000 19,500 14500 14,000 Taxes 10.000 7,800 5,800 5.400 Net Income 15,000 11.00 8,700 8,400 3,000 Notes: Tax ate 40% (each yez) ABC COMPANY Income Statement For the Year Ended Dec 31, 2017 2017 2016 2015 2014 Sales 225,000 200,000 150,000 125.000 Cost of Goods Sold 155,000 140,000 105,000 90,000 Gross Profit 70,000 60,000 45,000 35,000 Selling and G&A Expenses 10,000 11,000 5,000 3,000 Fired Expenses 12,000 12,000 12,000 12,000 Depreciation Expense 2.500 3,500 1,000 EBIT 45,000 34,500 24,500 19.000 Interest Expense 20.000 15.000 10.000 5.000 Earnings Before Texa 25,000 19,500 14500 14,000 Taxes 10.000 7,800 5,800 5.400 Net Income 15,000 11.00 8,700 8,400 3,000 Notes: Tax ate 40% (each yez)

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