PROJECTED INCOME STATEMENT: Sales: $3,000.00 less Cost of Goods Sold: $2450.00 EBITDA: $550.00 less Depreciation this...

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PROJECTED INCOME STATEMENT: Sales: $3,000.00 less Cost of Goods Sold: $2450.00 EBITDA: $550.00 less Depreciation this...

PROJECTED INCOME STATEMENT:

Sales: $3,000.00

less Cost of Goods Sold: $2450.00

EBITDA: $550.00

less Depreciation this year: $250.00

EBIT: $300.00

less Interest Expense: $125.00

EBT: $175.00

less Taxes: $70.00

NI: $105.00

Sales Growth: 20.00%

COGS as a % of Sales: 70.00%

Depreciation Growth: 20.00%

Interest Expense Growth: 0.0%

Tax Rate: 40.00%

1. What is projected sales?

A. $655

B. $2,520

C. $393

D. $3,600

2. What is projected EBT?

A. $393

B. $2,520

C. $3,600

D. $655

3. What is projected net income?

A. $3,600

B. $393

C. $655

D. $2,520

business finance

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Answer 1

Answer #1

Sales(3000*1.2)	$3600
Less:COGS(3600*0.7)	$2520
EBITDA	$1080
Less:Depreciation(250*1.2)	$300
EBIT	$780
Less:interest	$125
EBT	$655
LessLtax@40%(655*0.4)	($262)
Net income	$393

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Answer 2

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