Pyramid Analysis Solution Year $1$ Year $2$ Year $3$ Year $4$ Year $5$

Balance Sheet

ASSETS

Current assets:

Cash $459,540677,1441,184,398835,5461,550,861$

Accounts receivable $347,139612,8111,249,3812,269,8452,800,115$

Inventories $134,523255,907396,267682,400621,611$

Prepaid expenses $948,532700,9451,175,1031,349,4671,051,289$

Other current assets $139,82463,321226,599371,129479,455$

$2,029,5582,310,1284,231,7485,508,3876,503,331$

Non$-$current assets

Property, plant and equipment $139,824487,579705,9551,334,6481,956,581$

Goodwill and intangible assets $114,955248,114584,4431,204,0991,476,924$

Other non$-$current assets $08,3394,5464040$

$2,284,3373,054,1605,526,6928,047,5389,936,836$

LIABILITIES & SHAREHOLDERS' EQUITY

Current liabilities

Accounts payable $94,954130,270271,076448,339615,620$

Accrued liabilities $144,912287,629690,4421,238,6021,438,260$

Debt $17,84627134900$

Other short term liabilities $099,958475,328374,576110,324$

$257,712518,1281,437,1952,061,5172,164,204$

Non$-$current liabilities

Other long term liabilities $27,85852,53295,931111,893169,969$

$285,570570,6601,533,1262,173,4102,334,173$

Shareholders' equity:

Total shareholders equity $1,998,7672,483,5003,993,5665,874,1287,602,663$

$2,284,3373,054,1605,526,6928,047,5389,936,836$

Check $0\mathrm{.}00\mathrm{.}00\mathrm{.}00\mathrm{.}00\mathrm{.}0$

Income Statement

Revenue $2,065,8453,037,1036,009,39511,065,18614,953,224$

Total Revenue $2,065,8453,037,1036,009,39511,065,18614,953,224$

Cost of Revenue, Total $925,5981,379,3012,928,8145,967,8888,368,961$

Gross Profit $1,140,2471,657,8023,080,5815,097,2986,584,263$

Selling$/$General$/$Administrative Expenses, Total $515,625537,428880,9641,495,1951,849,000$

Research & Development $158,887236,173359,828684,702964,842$

Depreciation$/$Amortization $49,95176,879108,112194,803310,357$

Unusual Expenses $($Income$)0000163,800$

Other Operating Expenses, Total $00000$

Operating Income $415,784807,3221,731,6772,722,5983,296,264$

Interest Expense $483494518502100$

Income Before Tax $415,301806,8281,731,1592,722,0963,296,164$

Income Tax $-$ Total $106,863227,373516,653907,747809,366$

Income After Tax $308,438579,4551,214,5061,814,3492,486,798$

Total Extraordinary Items $00000$

Net Income $308,438579,4551,214,5061,814,3492,486,798$