Create a Pro Forma Income statement for a new restaurant venture. Make it realistic.

YOU MAKE YOUR OWN VALUES!

2016 Actual 2017 Projected 2018 Projected

Net sales

Cost of sales

Gross profit

Operating expenses

Selling, general, and administrative

expenses

Depreciation - - -

Operating Income

Other Income

Interest Income

Interest expense

Other income, net

Income before income taxes

Income tax expense

Net Income

Earnings per share