Answered step by step
Verified Expert Solution
Question
1 Approved Answer
How do you forecast General and administrative expenses for an income statmenent for example: How would I find SG&A for 2006? Income Statement 2002 2003
How do you forecast General and administrative expenses for an income statmenent for example: How would I find SG&A for 2006?
Income Statement | 2002 | 2003 | 2004 | 2005 |
Revenue | 128,979 | 143,560 | 161,863 | 185,815 |
Cost of Goods Sold | 100,857 | 111,203 | 125,756 | 144,594 |
Gross Margin | 28,122 | 32,357 | 36,107 | 41,221 |
G&A Charges | 12,482 | 13,685 | 18,131 | 17,327 |
EBIT | 15,639 | 18,672 | 17,976 | 23,894 |
Interest | 4,537 | 6,150 | 5,964 | 5,695 |
Earnings After Interest | 11,102 | 12,522 | 12,012 | 18,199 |
Tax | 3,882 | 4,288 | 4,312 | 6,210 |
Net Income | 7,220 | 8,234 | 7,700 | 11,989 |
2006:
Expected Forecast | |
Yards Sold (thousands) | 2,200 |
Average Price Per Yard | $95.36 |
Average Cost Per Yard | $75.59 |
Capital Expenditure | 16,000 |
Depriciation | 7,500 |
Income Statement | |
Revenue | 209,792 |
Cost of Goods Sold | 166,298 |
Gross Margin | 43,494 |
General & Administrative | |
EBIT | |
Interest | |
Tax | |
Net Income |
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started