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Year 1 Year2 Year3 Year4 Units sold 200,000 160,000 170,000 5 Sales revenue $1,000,000 $800,000 $850,000 100% Less cost of goods sold $700000 $560000 $595000
Year 1 | Year2 | Year3 | Year4 | ||
Units sold | 200,000 | 160,000 | 170,000 | 5 | |
Sales revenue | $1,000,000 | $800,000 | $850,000 | 100% | |
Less cost of goods sold | $700000 | $560000 | $595000 | 70% | |
Gross margin | $300000 | $240000 | $255000 | 30% | |
Less operating expenses | $210000 | $198000 | $201000 | ||
Net operating income | $ 90,000 | $ 42,000 | $54000 | 110000 |
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