Question
Create an Income statement using the following information. Please adjust to only show the numbers that represent the Spanish market throughout all the years. Please
Create an Income statement using the following information. Please adjust to only show the numbers that represent the Spanish market throughout all the years. Please include revenue, Cost of goods, Depreciation & amortization,gross income, Selling, General, and administrative expenses, EBIT, Interest Expense, and EBT.
we have a distinct value proposition that has generated $5.2 billion in revenue within the U.S. market.
By capitalizing on the $3 billion tire market in Spain, we anticipate driving additional revenue.
we offer a distinctive value proposition that has led to $5.2 billion in sales in the US
Income Statement Annual \begin{tabular}{|l|cccc} \hline USD & Y, 2018 & Y, 2019 & Y, 2020 \\ \hline Revenue & 4.8B & 5.2B & 5.2B \\ \hline \end{tabular} \begin{tabular}{|l|l|l|} \hline Winter & Tiresspeciallydesignedforwinteruse & Total (W): 0.53 billion USD \\ \hline Snow & Remainssoftandflexibleinthecoldtemperature,designedtoshavethroughthesnow,widertread & 0.53 billion USD \\ \hline \end{tabular} \begin{tabular}{|l|l|l|} \hline Products & Description & Price \\ \hline Standard & Regular tires used anywhere & Total (S): 1.9 billion USD \\ \hline Summer Performance & Dryuseinthehottermonths,onlytobeusedonhighperformancevehicles & 0.63 billion USD \\ \hline Run-flat & Verygoodforlongdistancedriving,optimalatlowerspeeds,ridealittlerougher & 1.27 billion USD \\ \hline Offset & Tireswithanouterlipthatislargerandwiderthananyothertires & Total (O): 0.24 billion USD \\ \hline Racing & Bestunderveryspecial/specificconditions,verygoodgripatveryhighspeeds & 0.16 billion USD \\ \hline Off road & Mosttractionoutofanytire,usedformud,rain,snow,sleet,etc,goodforresistingtearsfromobjectssuchasglassornails & 0.08 billion USD \\ \hline \end{tabular} Population Fluctuation(Below) as Need for Tires(Above) still increases Market Summary Population: 47.42 million (2021) Drivers of any Kind: 27.3 million Projected sales/revenue: 15 million USD (1 year) Current Markets to tap into: Individual Drivers, Truck/Logistics companies, Large Businesses (e.g. construction, delivery, etc.) Current GDP: 1.427 trillion USD (2021)Step by Step Solution
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