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Financial Forecasting: Prepare income statements for 2017-2020. Make whatever assumptions you need to as long as you can support them. Please list your assumptions along
Financial Forecasting: Prepare income statements for 2017-2020. Make whatever assumptions you need to as long as you can support them. Please list your assumptions along with the spreadsheet.
Revenue Revenues from Brick & Mortar Revenues from Amazon Revenues from The Escape Place Total Revenues 2013 1,316 7,459 0 8,775 2014 1,450 9,275 13,231 23,956 2015 0 11,138 12,558 23,696 2016 0 46,304 0 46,304 Expenses Cost of Goods Sold Domestic Shipping Web hosting and Marketing Office Supplies/Help Travel Total Expenses 5,175 675 52 48 64 6,014 17,653 2,302 78 65 88 20,186 17,423 2,272 78 54 30,173 1,870 40 40 50 32,173 76 19,903 Net Income Before Taxes Income Tax Expense Net Income 2,761 828 1,933 3,770 1,131 2,639 3,793 1,138 2,655 14,131 2,107 12,024 Revenue Revenues from Brick & Mortar Revenues from Amazon Revenues from The Escape Place Total Revenues 2013 1,316 7,459 0 8,775 2014 1,450 9,275 13,231 23,956 2015 0 11,138 12,558 23,696 2016 0 46,304 0 46,304 Expenses Cost of Goods Sold Domestic Shipping Web hosting and Marketing Office Supplies/Help Travel Total Expenses 5,175 675 52 48 64 6,014 17,653 2,302 78 65 88 20,186 17,423 2,272 78 54 30,173 1,870 40 40 50 32,173 76 19,903 Net Income Before Taxes Income Tax Expense Net Income 2,761 828 1,933 3,770 1,131 2,639 3,793 1,138 2,655 14,131 2,107 12,024Step by Step Solution
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