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For this income statement. How would you create status quo (pro forma) forecast of the organization's income statement? to 2017 EXHIBIT 1: PROFIT AND LOSS
For this income statement. How would you create status quo (pro forma) forecast of the organization's income statement? to 2017
EXHIBIT 1: PROFIT AND LOSS STATEMENT (2013-2015) FORKED RIVER BREWING COMPANY PROFIT & LOSS FY 2013 FY 2014 FY 2015 REVENUES Sales - Non-Beer Sales - Beer Sales - Deposits Sales - General TOTAL REVENUE Production / Inventory Purchases Freight Expense Other Expense TOTAL COGS Gross Margin Gross Margin % $ $ $ $ $ $ $ $ $ $ $ 4,146 $ 68,601 $ 1,520 $ 3,511 $ 77,779 $ 16,654 $ 709 $ 14,749 $ 1,032 33,144 $ 44,635 $ 57% 13,206 $ 315,373 $ 6,584 $ 8,074 $ 343,238 $ 96,175 $ 1.749 $ 7,969 $ 15,099 555,618 13,680 21,621 606,018 165,836 (27) 17,289 105,892 $ 237,345 $ 69% 183,098 422,920 70% $ $ $ EXPENSES Accounting, Legal, and Licensing Advertising and Promotions Insurance Payroll Payroll Taxes Rent Repair and Maintenance Utilities Other General and Admin TOTAL OPERATING EXPENSES 4,593 $ 13,104 $ 2,841 $ $ $ 13,022 $ 16,121 $ 3,960 $ 8,698 $ 62,339 $ 1,849 $ 13,739 $ 4,353 $ 67,844 $ 4,660 $ 21,4633 29,396 $ 8,763 $ 22,926 $ 174,993 $ 7,435 18,378 6,685 135,007 10.234 35,265 24,515 14,673 46,891 $ $ $ $ $ 299,084 NET PROFIT NET PROFIT / SALES $ (17,703.57) $ 62,352.31 $ 123,836.08 -23% 18% 20% Step by Step Solution
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