Excel 3 - 0 392,432 0 909,569 Net Income 2,165,519(42,903...

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Shawshank Manufacturing Seven-Year Financial Projection Total Net Revenue 265,807,211 266,712,616 267,621,106 268,532,691 269,447,380 Cost of Goods Sold 161,477,880 162,027,915 162,579,822 163,133,610 163,689,283 Gross Margin 104,329,330 104,684,702 105,041,284 105,399,081 105,758,097 Expenses Advertising 34,555,437 34,673,140 34,791,244 34,909,750 35,028,659 Maintenance 1,900,000 5,397,000 4,200,000 5,150,000 2,500,000 Rent 1,800,000 1,980,000 2,178,000 2,395,800 2,635,380 Salaries 58,477,586 58,676,776 58,876,643 59,077,192 59,278,424 Supplies 3,987,108 4,000,689 4,014,317 4,027,990 4,041,711 Total Expenses 100,720,132 104,727,605 104,060,204 105,560,732 103,484,174 Operating Income 3,609,198 (42,903) 981,080 (161,651) 2,273,923 Income Taxes 1,443,679
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Unformatted text preview: 0 392,432 0 909,569 Net Income 2,165,519 (42,903) 588,648 (161,651) 1,364,354 Assumptions Units Sold in Year 2003 12,459,713.00 Unit Cost $12.96 Annual Sales Growth 4.25% Annual Price Decrease 3.75% Margin 39.25% Matthew Weiner CMPSC 203 In the Lab 3 ShawShank Manufacturing Seven-Year Financial Projection 2004 2005 2006 2007 2008 5/18/2009 270,365,185 271,286,117 164,246,850 164,806,316 106,118,335 106,479,801 35,147,974 35,267,695 3,150,000 2,960,000 2,898,918 3,188,810 59,480,341 59,682,946 4,055,478 4,069,292 104,732,711 105,168,742 1,385,625 1,311,058 554,250 524,423 831,375 786,635 2009 2010 2004 2005 2006 2007 2008 2009 2010 (500,000) 0 500,000 1,000,000 1,500,000 2,000,000 2,500,000 Projected Net Income...
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