Answered step by step
Verified Expert Solution
Link Copied!

Question

00
1 Approved Answer

calculate projected income statement for the next 5 years. 2016-2020 use any assumptions but be sure to make mention of such and your reasons for

calculate projected income statement for the next 5 years. 2016-2020

use any assumptions but be sure to make mention of such and your reasons for using whatever percentage you decided to use.

Income Statement 2015
Revenues:
Bot 514,671
HAT 456,648
Total 971319
COGS 572415
expenditure
delivery 57,417
marketing 73,300
admin 11,453
profit 256,734
interest expense -2,763
other expense -1,000
pre-tax profit 252,971
income taxes 75,891
net 177,080

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Students also viewed these Accounting questions