Question: Interpret the data given in the table as per year, profit (Model, Actual, and baseline). A profit model refers to a companys plan that aims
Interpret the data given in the table as per year, profit (Model, Actual, and baseline).
A profit model refers to a companys plan that aims to make the business profitable and viable.
The actual profit is the profit made by the company up to date(based on financial statement of company).
A baseline is a fixed point of reference that is used for comparison purposes
| Date by Year | Profit (Model) | Profit (Actual) | Baseline: Profit | |
| 2011 | $5,509,629.34 | $1,217,150.16 | ||
| 2012 | $1,351,399.88 | $2,902,703.48 | ||
| 2013 | $2,916,655.17 | $3,072,217.63 | ||
| 2014 | $3,201,242.74 | $3,760,500.93 | ||
| 2015 | $3,831,652.16 | $4,871,128.34 | ||
| 2016 | $4,919,112.22 | $3,994,296.47 | ||
| 2017 | $3,016,379.58 | ($189,019.07) | ||
| 2018 | ($81,508.37) | $971,970.44 | ||
| 2019 | $1,028,299.65 | $863,510.89 | ||
| 2020 | ($2,014,686.91) | ($2,344.57) | ||
| 2021 | $2,056,475.36 | $1,900,369.56 | ||
| 2022 | $1,342,752.43 | $1,238,212.35 | ||
| 2023 | $1,370,573.28 | $1,275,267.09 | ||
| 2024 | $834,776.36 | $776,553.59 | ||
| 2025 | $846,946.32 | $799,229.04 | ||
| 2026 | $312,589.72 | $301,841.13 |
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