Nothing Special   »   [go: up one dir, main page]
Scribd Logo
Upload

Welcome to Scribd!

  • 31 views

    Disenyo - Co Projected Income Statement For The Year Ended December 31, Year 1-3

    Uploaded by

    Meleen Tadena
    Disenyo.co projected increasing sales over the next three years, from $5.76 million in Year 1 to $6.11 million in Year 3. Cost of sales was expected to rise proportionally from $4.26 million to $4.52 million. While expenses were also forecasted to increase modestly, net income was projected to grow each year from $705,593.75 in Year 1 to $744,934.30 in Year 3 as revenues outpaced costs.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd

    Disenyo - Co Projected Income Statement For The Year Ended December 31, Year 1-3

    Uploaded by

    Meleen Tadena
    31 views1 page
    Disenyo.co projected increasing sales over the next three years, from $5.76 million in Year 1 to $6.11 million in Year 3. Cost of sales was expected to rise proportionally from $4.26 million to $4.52 million. While expenses were also forecasted to increase modestly, net income was projected to grow each year from $705,593.75 in Year 1 to $744,934.30 in Year 3 as revenues outpaced costs.

    Original Description:

    Original Title

    Disenyo.docx

    Copyright

    © © All Rights Reserved

    Available Formats

    DOCX, PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    Disenyo.co projected increasing sales over the next three years, from $5.76 million in Year 1 to $6.11 million in Year 3. Cost of sales was expected to rise proportionally from $4.26 million to $4.52 million. While expenses were also forecasted to increase modestly, net income was projected to grow each year from $705,593.75 in Year 1 to $744,934.30 in Year 3 as revenues outpaced costs.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    31 views1 page

    Disenyo - Co Projected Income Statement For The Year Ended December 31, Year 1-3

    Uploaded by

    Meleen Tadena
    Disenyo.co projected increasing sales over the next three years, from $5.76 million in Year 1 to $6.11 million in Year 3. Cost of sales was expected to rise proportionally from $4.26 million to $4.52 million. While expenses were also forecasted to increase modestly, net income was projected to grow each year from $705,593.75 in Year 1 to $744,934.30 in Year 3 as revenues outpaced costs.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    of 1

    Disenyo.

    co
    Projected Income Statement
    For The Year Ended December 31, Year 1-3
    Year 1 Year 2 Year 3
    Sales 5,760,000 5,932,800 6,110,784
    Less: Cost of Sales
    Purchases 3,888,000 4,004,640 4,124,779
    Freight In 374,400 385,632 397,201
    Total 4,262,400 4,390, 272 4,521,980
    Gross Income 1,497,600 1,542,528 1,588,804
    Expenses
    Depreciation 8,280.00 8,280.00 8,280.00
    Advertising 22,320.00 22,766.00 23,221.00
    Store Supplies 24,460.00 25,194.00 25,950.00
    Salaries 308,160.00 308,160.00 323,568.00
    Utilities 42,000.00 42,840.00 43,697.00
    Rent 180,000.00 189,000.00 198,450.00
    Business Permit 7,025.00 7,166.00 7,309.00
    Repairs and
    Maintenance 1,500.00 1,545.00 1,591.00
    SSS/Pag-
    ibig/Philhealth
    Contribution 37,980.00 41,040.00 44,100.00
    Other Expenses 24,000.00 24,000.00 24,480.00
    Income before tax 841,875.00 872,537.00 888,158.00
    Income tax expense 136,281.25 140,880.55 143,223.70
    Net income 705,593.75 731,656.45 744,934.30

    You might also like