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  • Projected Income Statement (5 Years)

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    Alexander Salvador
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    The projected income statement for 5 years shows increasing gross sales, cost of goods sold, and expenses each year. It is projected that the company will see a 5% yearly increase in revenue and costs. Despite the rising costs, the net income is projected to increase each year over the 5 year period as revenue growth outpaces cost growth.

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    Projected Income Statement (5 Years) (1)

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    The projected income statement for 5 years shows increasing gross sales, cost of goods sold, and expenses each year. It is projected that the company will see a 5% yearly increase in revenue and costs. Despite the rising costs, the net income is projected to increase each year over the 5 year period as revenue growth outpaces cost growth.

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    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
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    25 views2 pages

    Projected Income Statement (5 Years)

    Uploaded by

    Alexander Salvador
    The projected income statement for 5 years shows increasing gross sales, cost of goods sold, and expenses each year. It is projected that the company will see a 5% yearly increase in revenue and costs. Despite the rising costs, the net income is projected to increase each year over the 5 year period as revenue growth outpaces cost growth.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 2

    V.

    PROJECTED INCOME STATEMENT (5 YEARS)

    COMPANY NAME

    Projected Income Statement (5 years)

    2022 2023 2024 2025 2026

    PHP PHP 87,500 PHP PHP 96,800 PHP 101,600


    Gross Sales
    83,600 92,210

    Scrunchies 35,200 36,960 38,808 40,748 42,785

    HairClip
    13,200 13,860 14,553 15,280 16,044

    Set
    35,200 36,960 38,808 40,748 42,785

    Cost Of Goods
    Sold (K1 + K2…) 49,380 51,849 54,441.45 57,163.05 60,021

    Gross Profit 34,220 35,651 37,768.55 39,636.95 41,579

    Expenses

    Advertising
    Expenses

    Transportation
    Expenses
    300 315 330 346 363

    Food 480 504 529 555 582.75

    Total Expenses 780 819 859 901 945.75


    Net Income 33,440 34,832 36,909.55 38,735.95 40,633.25

    Assumption:
    Yearly increase in revenue is assumed at 5%
    Yearly increase in cost is assumed at 5%

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