Question: Provide an analysis overview for both the projected financial statement. Projected Income Statement 12/31/2020 12/31/2021 12/31/2022 Revenues $4,054,377 $5,336,308 $6,618,239 Cost of Goods Sold $2,682,192
Provide an analysis overview for both the projected financial statement.
| Projected Income Statement | 12/31/2020 | 12/31/2021 | 12/31/2022 |
| Revenues | $4,054,377 | $5,336,308 | $6,618,239 |
| Cost of Goods Sold | $2,682,192 | $3,436,231 | $4,190,270 |
| Gross Profit | $1,372,185 | $1,900,077 | $2,427,969 |
| Operating Expenses | $1,232,497 | $1,073,223 | $1,391,771 |
| EBIT | |||
| Interest Expense | $31,121 | $30,972 | $31,270 |
| EBT | |||
| Tax | -$17,028 | $169,213 | $355,454 |
| Non-Recurring Events | |||
| Net Income | $125,595 | $626,669 | $649,474 |
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
