*(sample below)

prepare a sample 2-year project income statement with all possible expenses and four assumptions shown below.

• Monotube has a budget of $500,000 to enter the Australian Market
• Monotube does not currently have any sales force or penetration in the Australian market
• Production and packaging are currently done in Northeast Canada and they have the capacity to produce for the Australian Market
• The average variable cost to produce and ship 1 package of the perfume bottle is $6.75 landed in Australia.

I am sorry no additional data was given by them!????? I think that is left to the imagination.this is the sample that I think would work.. hope it provides a bit of clarity.. I am sorry for the inconvenience.

Sales Cost of Goods Sold Gross Profit Salaries Rent Marketing Utilities Other expenses Total Expenses Net Income Year 1 S 400,000 S 120,000 5 280,000 5 55,000 5 25,000 5 20,000 5 5,000 5 7,500 $152,500 5 127,500 ABC Company Income Statement Year2 S 42 5,000 5 123,250 $ 301,750 5 97,000 5 25,000 5 20,000 S 5000 5 10,000 $152,000 5 144.750