You are getting into a business and want to take a loan. The bank requires that...

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You are getting into a business and want to take a loan. The bank requires that you show them your projected profits. Develop forecast for the next five years starting 2021 the following data: ü First order is for 100,000 units at a selling price of 6kshs per unit. Both numbers are projected to increase by 20% yearly ü Renting the production facility at 500,000kshs a year for five years ü Variable manufacturing cost of 1.50kshs per unit with a projected increase of 10% yearly ü Administration cost of 25,000kshs per year with a likely increase of 5% annually ü Tax rate is at 36% a) Develop a five year financial forecast showing profits before and after tax. a You are getting into a business and want to take a loan. The bank requires that you show them your projected profits. Develop forecast for the next five years starting 2021 the following data: ü First order is for 100,000 units at a selling price of 6kshs per unit. Both numbers are projected to increase by 20% yearly ü Renting the production facility at 500,000kshs a year for five years ü Variable manufacturing cost of 1.50kshs per unit with a projected increase of 10% yearly ü Administration cost of 25,000kshs per year with a likely increase of 5% annually ü Tax rate is at 36% a) Develop a five year financial forecast showing profits before and after tax. a

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heres a fiveyear financial forecast for your business based on the provided data Year 2021 Units Sold 100000 units Selling Price per Unit 6000 Kshs To... View the full answer