Question: if you arent sure about the answer, please let someone who knows answers it. thank you in advance! B D F G H 1 Your

if you arent sure about the answer, please let someone who knows answers it. thank you in advance! if you arent sure about the answer, please let someone who knows

B D F G H 1 Your goal is to create a three month Projected Net Income Statement. The projected revenue for Jan, Feb and Mar are $1000, $2000, and $2500 respectively. The projected expenses as a percentage of revenue for each month are: Rent - 25%, Operating Expenses = 35%, Administrative Expenses = 10% and Miscellaneous expenses = 8.5%. After typing the projected revenue for the three months into the cells, create an efficient formula for each of the expenses. Then calculate the Total Expenses (add up each individual expense) and Net Income (Revenue - Total Expenses). Formatted it so it looks good. You must follow Excel's Golden Rule and follow the rules for Rounding. Then add Page Setup so only the projected Net Income Statement prints. Add a Custom Footer that shows the current date and the Sheet Tab Name. 2 3 4 Projected Net Income Statement S Months/Expense Operating Administrative Total 6 Revenue Rent Expenses Expenses Miscellaneou. Expenses Net Income 7 January $ 1,000.00 8 February $ 2,000.00 9 March $ 2,500.00 10 11 12 14

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!