Pro-Forma Income Statement

Pro-Forma Income Statement - Pro-Forma Income Statement XYZ...

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© Copyright, 2006, Jaxworks, All Rights Reserved. Pro-Forma Income Statement XYZ, Inc. For 2003 through 2006 (all numbers in $000) REVENUE 2003 2004 2005 2006 Gross sales $500 $650 $720 $850 Less sales returns and allowances 200 230 280 320 Net Sales $300 $420 $440 $530 COST OF SALES Beginning inventory $350 $360 $420 $435 Plus goods purchased / manufactured 120 165 185 190 Total Goods Available $470 $525 $605 $625 Less ending inventory 360 420 435 440 Total Cost of Goods Sold $110 $105 $170 $185 Gross Profit (Loss) $190 $315 $270 $345 OPERATING EXPENSES Selling Salaries and wages $35 $41 $46 $52 Commissions 12 14 16 18 Advertising 10 12 14 20 Depreciation 14 15 16 16 Other 5 6 6 7 Total Selling Expenses $76 $88 $98 $113 General/Administrative Salaries and wages $12 $14 $16 $18 Employee benefits 4 5 5 6 Payroll taxes 2 3 3 4 Insurance 6 6 7 7 Rent 8 8 9 9 Utilities 2 2 2 3 3 4 4 5 Office supplies 1 1 1 1 3 3 3 4 Postage 1 1 1 2
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Pro-Forma Income Statement - Pro-Forma Income Statement XYZ...

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