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Prices for Performance Lawn Equipment products for the past 5 years: Year Mower Price Tractor Price 2010 $150 $3,250 2011 $175 $3,400 2012 $180 $3,600
Prices for Performance Lawn Equipment products for the past 5 years: | ||||
Year | Mower Price | Tractor Price | ||
2010 | $150 | $3,250 | ||
2011 | $175 | $3,400 | ||
2012 | $180 | $3,600 | ||
2013 | $185 | $3,700 | ||
2014 | $190 | $3,800 | ||
Year | Cost of Mowers Sold | Cost of Tractors Sold | ||
2010 | #REF! | #REF! | ||
2011 | #REF! | #REF! | ||
2012 | #REF! | #REF! | ||
2013 | #REF! | #REF! | ||
2014 | #REF! | #REF! | ||
Year | 2014 | |||
Sales | $196,445,370 | |||
Cost of Goods Sold | $104,128,027 | |||
Operating Expenses | $45,586,087 | |||
Interest Expenses | $117,855 | |||
Earnings Before Taxes | $46,613,401 | |||
Taxes (on Earning) | 50% | |||
Taxes | $23,306,700.70 | |||
Net Income | $23,306,700.70 | |||
Questions: | ||||
1) Provide the Pro Forma statements from 2010-2014. | ||||
2) Use trend lines to project to 2017: Sales, COGS, Operating Expenses, and Interest Expenses. | ||||
3) Predict Net income for the next three years thru 17' |
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