Given the information in Table A, complete the required forecast items. Table A: Pro Forma Income...

 

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Given the information in Table A, complete the required forecast items. Table A: Pro Forma Income Statement Unit: THB Million 2020 2021 Sales Cost of Goods Sold Gross Profit Selling and G&A Expenses 3,850.00 3,250 600.00 330.30 334.80 Fixed Expenses 100.00 100.00 Depreciation Expense 20.00 25.00 Profit before interest and tax 149.70 Interest expense 76.00 76.00 Profit before tax 73.70 155.09 Taxes 29.48 62.04 Net Income 44.22 93.05 Assumptions: Projected sales growth rate is 11.7% The average Cost of Goods Sold/Sales is 83.93% Complete the calculation for Sales forecast, Cost of Goods Sold and Gross Profit Given the information in Table A, complete the required forecast items. Table A: Pro Forma Income Statement Unit: THB Million 2020 2021 Sales Cost of Goods Sold Gross Profit Selling and G&A Expenses 3,850.00 3,250 600.00 330.30 334.80 Fixed Expenses 100.00 100.00 Depreciation Expense 20.00 25.00 Profit before interest and tax 149.70 Interest expense 76.00 76.00 Profit before tax 73.70 155.09 Taxes 29.48 62.04 Net Income 44.22 93.05 Assumptions: Projected sales growth rate is 11.7% The average Cost of Goods Sold/Sales is 83.93% Complete the calculation for Sales forecast, Cost of Goods Sold and Gross Profit

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Solution To calculate the sales forecast cost of goods sold and gr... View the full answer