Chapter 2 Practice 10 - Financial Forecast

Chapter 2 Practice 10 - Financial Forecast - Earnings...

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Financial Forecast - Get Rich Quick Enterprises 2003 2004 2005 2006 2007 2008 Income Units sold 75000 82500 90750 99825 109807.5 120788.25 Unit price $3.00 $3.15 $3.31 $3.47 $3.65 $3.83 Gross revenue $225,000 $259,875 $300,156 $346,680 $400,415 $462,479 Overhead Production fac $50,000 $54,000 $58,320 $62,986 $68,024 $73,466 Administration $25,000 $26,250 $27,563 $28,941 $30,388 $31,907 Cost of Goods Sold Unit manufactu $1.00 $1.10 $1.21 $1.33 $1.46 $1.61 Variable manu $75,000.00 $90,750.00 $109,807.50 $132,867.08 $160,769.16 $194,530.68 Unit sales cost $0.20 $0.20 $0.20 $0.20 $0.20 $0.20 Variable sales $15,000.00 $16,500.00 $18,150.00 $19,965.00 $21,961.50 $24,157.65
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Unformatted text preview: Earnings before $60,000 $72,375 $86,316 $101,921 $119,272 $138,418 Income taxes $21,600 $26,055 $31,074 $36,692 $42,938 $49,830 Net earnings $38,400 $46,320 $55,242 $65,230 $76,334 $88,587 Initial conditions Annual increase First year sale 75000 10.0% Selling price $3.00 5.0% Unit manufactu $1.00 10.0% Unit sales cost $0.20 0.0% Production fac $50,000.00 8.0% Administration $25,000.00 5.0% Tax rate 36.00% 0.0% First year of fo 2003 A B C D E F G 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31...
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This note was uploaded on 04/06/2008 for the course MIS 1045.32 taught by Professor Tortorella during the Spring '08 term at Fairleigh Dickinson.

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