Question: On a 2nd worksheet (Forecast), also plan a 5-year forecast (2023 to 20267) of the Group's corporate taxable income based on the following assumptions: ForecastfIncreasecreas


On a 2nd worksheet (Forecast), also plan a 5-year forecast (2023 to 20267) of the Group's corporate taxable income based on the following assumptions: ForecastfIncreasecreas Percentages Restaurant 5.50% Motor 7.65% Realty 12.206 Entertainment -7.159 Computers -3.5096 Director'sFees 5.15% Organise your spreadsheet (if possible) into grouping & outlines. This value should 2022 come from worksheet 1 times 2.5 Victory Group Income Net Profit from Victory Restaurant $395,000 Net Profit from Victory Motors $298.800 Net Profit from Victory Realty X value Net Profit from Victory Entertainment $259.400 Net Profit from Victory Computers $195,000 2.5 % of total group income OtherOperating xpenses Annual Directors Fees $275,000 Misc. Dividendsto Shareholders Y value Total Corporate Taxable Income = Group Income - Other Operating Expenses
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