Nutri-Go Corporation

Forecasted Income Statement

For the Year 2021-2023
2021 2022 2023 Gross Profi
Revenues: 2,270,000.00 3,075,000.00 3,740,000.00
3,000,000.00
Sales Revenue 1,800,000.00 2,400,000.00 2,800,000.00
Other Operating Revenue 500,000.00 700,000.00 1,000,000.00 2,500,000.00
Sales Return and Allowances (30,000.00) (25,000.00) (60,000.00)
Cost of Sales: 685,000.00 914,000.00 1,099,960.00 2,000,000.00

Materials 500,000.00 700,000.00 850,000.00 1,500,000.00

Labor 100,000.00 114,000.00 129,960.00
Overhead 85,000.00 100,000.00 120,000.00 1,000,000.00
Gross Profit 1,585,000.00 2,161,000.00 2,640,040.00
500,000.00
Gross Margin 69.82% 70.28% 70.59%
Operating Expense: 120,000.00 107,000.00 135,980.00 -
Rent 20,000.00 25,000.00 30,000.00
Wages & Salaries 50,000.00 7,000.00 980.00 1,585,000.0
Overhead Cost (Selling and Administ 40,000.00 60,000.00 85,000.00
Marketing Expense 10,000.00 15,000.00 20,000.00
Other Expense: 30,000.00 45,000.00 60,000.00 Net Incom
Depreciation 20,000.00 30,000.00 40,000.00 1,800,000.00
Interest Expense 10,000.00 15,000.00 20,000.00 1,600,000.00
Total Expense 150,000.00 152,000.00 195,980.00 1,400,000.00
Net Income Before Taxes 1,405,000.00 1,964,000.00 2,384,060.00
1,200,000.00
Less:Income Tax 421,500.00 589,200.00 715,218.00
1,000,000.00
Net Income After Tax 983,500.00 1,374,800.00 1,668,842.00
800,000.00
600,000.00
400,000.00
200,000.00
-

983,500.0
 Gross Profit for the year 2021-2023 Revenue for the year 2021-2023
,000.00 4,000,000.00
3,500,000.00
,000.00
3,000,000.00
,000.00
2,500,000.00
,000.00 2,000,000.00
1,500,000.00
,000.00
1,000,000.00
,000.00
500,000.00
- -
Gross Profit Revenues:

1,585,000.00 2,161,000.00 2,640,040.00 2,270,000.00 3,075,000.00 3,740,000.00

Net Income for the year 2021-2023

,000.00
,000.00
,000.00
,000.00
,000.00
,000.00
,000.00
,000.00
,000.00
-
Net Income After Tax

983,500.00 1,374,800.00 1,668,842.00

or the year 2021-2023

Revenues:

3,075,000.00 3,740,000.00
Nutri-Go Corporation
Forecasted Financial Position
For the Year 2021-2023

2021 %Δ 2022 %Δ
Assets
Current Assets: 690,000.00 28.50% 965,000.00 22.18%
Cash 500,000.00 28.57% 700,000.00 22.22%
Petty Cash 20,000.00 20.00% 25,000.00 16.67%
Accounts Receivable 100,000.00 28.57% 140,000.00 22.22%
Notes Receivable 50,000.00 28.57% 70,000.00 22.22%
Prepaid Liability 20,000.00 33.33% 30,000.00 25.00%
Non-Current Assets: 130,000.00 27.78% 180,000.00 21.74%
Investments 80,000.00 20.00% 100,000.00 16.67%
Equipment 50,000.00 37.50% 80,000.00 27.27%
Total Assets 820,000.00 28.38% 1,145,000.00 22.11%

Liabilities:
Accounts Payable 370,000.00 22.11% 475,000.00 16.67%
Notes Payable 150,000.00 11.76% 170,000.00 15.00%
Total Libilities 520,000.00 19.38% 645,000.00 16.23%

Shareholder's Equity 300,000.00 40.00% 500,000.00 28.57%

Total Libility & Shareholder's Equity 820,000.00 28.38% 1,145,000.00 22.11%

Difference - -
 2023

1,240,000.00
900,000.00
30,000.00
180,000.00
90,000.00
40,000.00
230,000.00
120,000.00
110,000.00
1,470,000.00

570,000.00
200,000.00
770,000.00

700,000.00

1,470,000.00

-
Nutri-Go Corporation
Profitability Ratio
For the Year 2021-2023

2021 2022 2023

Gross Profit Margin 69.82% 70.28% 70.59%
Net Profit Margin 43.33% 44.71% 44.62%
Return on Investment 143.58% 150.42% 151.72%
Return on Equity 327.83% 274.96% 238.41%