Helmets-1 - Gross profit $(240,000) Payroll $50,000 Payroll...

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TheZone - Helmets Product Line Income Projections Created by: On: Last Updated by: On: Purpose of workbook: How to use this workbook:
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TheZone - Helmets Product Line Projected Income Statement For the Period Ended Dec 31, 2010 Tier 1 Assumptions: Projections: Unit sales 15,000 Sales $60,000 Unit price $4.00 COGS $300,000 Cost of goods sold (COGS) 500.00%
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Unformatted text preview: Gross profit $(240,000) Payroll $50,000 Payroll $50,000 Advertising $75,000 Advertising $75,000 Rent $20,000 Rent $20,000 Tax rate 30.00% Pretax income $(385,000) Average number of Est. income tax expense $(115,500) shares outstanding 200,000 Marginal net income $(269,500) Marginal earnings per share (EPS) $(1.35)...
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This note was uploaded on 08/07/2011 for the course ACC 381 taught by Professor Samanthakleitsh during the Spring '11 term at University of Michigan-Dearborn.

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Helmets-1 - Gross profit $(240,000) Payroll $50,000 Payroll...

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