Sales p.p

1st Quater 2nd Quater 3rd Quarter 4th Quarter Sale Forecast for the First Year302315 8 0 Sales

Pro-Forma Income Statement Mamma’s Pizzeria For 2011 through 2014REVENUE 2012 2013 2014Gross sales $80,000 $100,000 $110,000 Less sales returns and allowances 2,000 1,500 2,000Net Sales $78,000 $98,500 $108,000COST OF SALESBeginning inventory $10,000 $12,000 $12,000 Plus goods purchased / manufactured 2,000 2,000 2,000Total Goods Available $12,000 $14,000 $14,000 Less ending inventory 1,000 2,000 1,000Total Cost of Goods Sold $11,000 $12,000 $13,000Gross Profit (Loss) $67,000 $86,500 $95,000OPERATING EXPENSESSelling Salary $6,000 $8,000 $8,000 Advertising 2,000 3,000 3,000 Other 1,000 0 0Total Selling Expenses $9,000 $11,000 $11,000General/Administrative Insurance 12,000 12,000 12,000 Rent 24,000 24,000 24,000 Utilities 20,000 20,000 20,000 Interest 0 0 0 Furniture & equipment 1,000 1,500 1,000Total General/Administrative Expenses $57,000 $57,500 $57,000Total Operating Expenses $66,000 $68,500 $68,000Net Income Before Taxes $1,000 $18,000 $27,000 Taxes on income 22 32 26Net Income After Taxes $978 $17,968 $26,974Extraordinary gain or loss $0 $0 $43Income tax on extraordinary gain 0 0 12NET INCOME (LOSS) $978 $17,968 $27,005

Sales p.p

by bdburke23 on Feb 05, 2012

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