Question
Pro Forma financial statements are projected for the DG with a 10% growth rate in sales and cost of goods sold (COGS). Revenue 2016 2017
Pro Forma financial statements are projected for the DG with a 10% growth rate in sales and cost of goods sold (COGS).
| Revenue | 2016 | 2017 Projected 10% Growth | 2018 Projected 10% Growth |
| Total Revenue | $21,986,598 |
|
|
| Cost of Goods Sold (COGS) | $15,203,960 |
|
|
| Gross Profit | $6,782,638 |
|
|
| Operating Expenses |
|
|
|
| Research and Development | $0 |
|
|
| Sales, General and Admin. | $4,719,189 |
|
|
| Non-Recurring Items | $0 |
|
|
| Other Operating Items | $0 |
|
|
| Operating Income | $2,063,449 |
| |
| Add'l income/expense items | $0 |
|
|
| Earnings Before Interest and Tax | $2,063,449 |
| |
| Interest Expense | $97,821 |
|
|
| Earnings Before Tax | $1,965,628 |
|
|
| Income Tax | $714,495 |
| |
| Minority Interest | $0 |
|
|
| Equity Earnings/Loss Unconsolidated Subsidiary | $0 |
|
|
| Net Income-Cont. Operations | $1,251,133 |
|
|
| Net Income | $1,251,133 |
|
|
| Net Income Applicable to Common Shareholders | $1,251,133 |
|
|
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Energy And Finance Sustainability In The Energy Industry
Authors: André Dorsman, Özgür Arslan-Ayaydin, Mehmet Baha Karan
1st Edition
3319322664, 978-3319322667
