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    Franck Jeremy Moog
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    This document is a projected statement of comprehensive income for Tap Wraps Store for the years 2023 to 2027. It shows projections for revenue from sales and cost of goods sold, resulting in gross income. It then lists categories of operating expenses and projects totals for each year. It calculates net income before and after tax by accounting for other income and a 25% tax rate on net income before tax.

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    This document is a projected statement of comprehensive income for Tap Wraps Store for the years 2023 to 2027. It shows projections for revenue from sales and cost of goods sold, resulting in gross income. It then lists categories of operating expenses and projects totals for each year. It calculates net income before and after tax by accounting for other income and a 25% tax rate on net income before tax.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    4 views3 pages

    Income Statement

    Uploaded by

    Franck Jeremy Moog
    This document is a projected statement of comprehensive income for Tap Wraps Store for the years 2023 to 2027. It shows projections for revenue from sales and cost of goods sold, resulting in gross income. It then lists categories of operating expenses and projects totals for each year. It calculates net income before and after tax by accounting for other income and a 25% tax rate on net income before tax.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 3

    TAP

    PROJECTED STATEM
    FOR THE YEAR E

    REVENUE
    Sales Revenue
    Less: Cost of Goods Sold
    Gross Income

    Less: Operating Expenses


    Salary Expenses
    Philhealth Contributions
    SSS Contributions
    13th Month Pay
    Rent Expense
    Depriciation Expense
    Utility Expenses
    Permits and Licenses
    Total Operating Expenses
    Net Income
    Add: Other Income
    Net Income before tax
    Less: Provision for tax 25%
    Net Income after tax
    TAPA WRAP STORE
    PROJECTED STATEMENT OF COMPREHENSIVE INCOME
    FOR THE YEAR ENDED DECEMBER 31 2023-2027

    2023 2024

    702,240 1,269,312
    25,200 43,200
    31,360 53,760
    58,520 105,776
    84,000 154,080

    72,000
    10,000
    NSIVE INCOME
    2023-2027

    2025 2026 2027

    1,339,008 1,410,816 1,486,848


    43,200 43,200 43,200
    53,760 53,760 53,760
    111,584 117,568 123,904
    164,856 176,388 188,724

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