Question

Prepare an annual Pro Forma Income Statement of UniVEND based on the information provided Revenue: Cost of Goods Sold Gross Margin S&A Expenses: Income before Taxes: Income Tax Expense: Net Income b) d) Price Average Earning Turkish Corporate Tax Rate 20.0% average price 2.00 TL per product Variable Costs Average Cost Average Sales Number 1.65 TL 0.05 TL per product per product average sales (monthly) 7,500.00 per machine average cost variable overhead Fixed Costs Vending Machines Necta Snaccky Max Necta Snaccky Elektral Midi Bufe Elektral Maxi Bufe Vendo Cold Drink Number of Machines Vending Machines Rent Necta Snaccky Max Necta Snaccky Elektral Midi Bufe Elektral Maxi Bufe Vendo Cold Drink 250.00 TL 250.00 TL 350.00 TL 650.00 TL 450.00 TL 200.00 TL 4,000.00 TL monthly - per machine monthly - per machine monthly - per machine monthly - per machine monthly - per machine per machine for all machines 13 Utilities (monthly) Fixed Overhead(monthly) Selling & Admin Costs Management Salaries Selling and Administration 3,300.00 TL 18,000.00 TL monthly annually

Answer 1