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How do I make a Projected Balance Sheet based on this projected income statement? Projected Income Statement 2016 Sales $ 21,315,900.00 $ Cost of Goods
How do I make a Projected Balance Sheet based on this projected income statement?
Projected Income Statement 2016 Sales $ 21,315,900.00 $ Cost of Goods Sold $ 8,511,100.00 $ Gross Margin $ $ 12,804,800.00 $ Operating Expenses $ 8,524,900.00 $ 2017 Projected 2018 Remarks 5% Growth Based on previous years and growing 22,386,800.00 $ 23,730,008.00 market. 6% Growth Based on previous years and growing 9,038,200.00 $ 9,580,492.00 market. 4% Growth Based on previous years and growing 13,348,600.00 $ 13,882,544.00 market. 5% Growth Based on previous years and growing 8,938,600.00 $ 9,296,144.00 market. 3% Growth Based on previous years and growing 4,410,000.00 $ 4,542,300.00 market. 13% Growth Based on previous years and growing 92,500.00 $ 104,525.00 market. 3% Growth Based on previous years and growing 4,317,500.00 $ 4,403,850.00 market. 4% Growth Based on previous years and growing 1,432,600.00 $ 1,489,904.00 market. 3% Growth Based on previous years and growing 2,884,700.00 $ 2,971,241.00 market. Earnings Before Interest and $ 4,279,900.00 $ Interest $ 81,300.00 $ Earnings Before Taxes $ 4,198,600.00 $ Taxes $ 1,379,700.00 $ Net Income $ 2,817,700.00 $ Projected Income Statement 2016 Sales $ 21,315,900.00 $ Cost of Goods Sold $ 8,511,100.00 $ Gross Margin $ $ 12,804,800.00 $ Operating Expenses $ 8,524,900.00 $ 2017 Projected 2018 Remarks 5% Growth Based on previous years and growing 22,386,800.00 $ 23,730,008.00 market. 6% Growth Based on previous years and growing 9,038,200.00 $ 9,580,492.00 market. 4% Growth Based on previous years and growing 13,348,600.00 $ 13,882,544.00 market. 5% Growth Based on previous years and growing 8,938,600.00 $ 9,296,144.00 market. 3% Growth Based on previous years and growing 4,410,000.00 $ 4,542,300.00 market. 13% Growth Based on previous years and growing 92,500.00 $ 104,525.00 market. 3% Growth Based on previous years and growing 4,317,500.00 $ 4,403,850.00 market. 4% Growth Based on previous years and growing 1,432,600.00 $ 1,489,904.00 market. 3% Growth Based on previous years and growing 2,884,700.00 $ 2,971,241.00 market. Earnings Before Interest and $ 4,279,900.00 $ Interest $ 81,300.00 $ Earnings Before Taxes $ 4,198,600.00 $ Taxes $ 1,379,700.00 $ Net Income $ 2,817,700.00 $Step by Step Solution
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