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PROJECTED INCOME STATEMENTS Common Sized 2020 2021 2022 2020 2021 2022 Revenue $ 1,086,000 $ 1,204,000 $ 1,395,000 Cost of Goods Sold 271,500 301,000 348,750
PROJECTED INCOME STATEMENTS | |||||||||
Common Sized | |||||||||
2020 | 2021 | 2022 | 2020 | 2021 | 2022 | ||||
Revenue | $ 1,086,000 | $ 1,204,000 | $ 1,395,000 | ||||||
Cost of Goods Sold | 271,500 | 301,000 | 348,750 | ||||||
Gross Margin | 814,500 | 903,000 | 1,046,250 | ||||||
Operating expneses | |||||||||
Selling Expenses | 32,000 | 37,000 | 45,000 | ||||||
General & Administrative Expenses | 63,500 | 81,500 | 98,500 | ||||||
Depreciation Expense | 320 | 111 | 146 | ||||||
Total Operating Expenses | 95,820 | 118,611 | 143,646 | ||||||
Income from Operations | 718,680 | 784,389 | 902,604 |
Please add calculation for Common Sized on the projected income statement.
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