Sales COGS Gross Margin Expenses EBIT Interest (12%) EBT Inc Tax (43%) Net Income Cash A/R Inventory Fixed Assets Total EAGLE OUTFITTERS PROJECTED INCOME STATEMENT 2011 $250,000 140,000 110,000 52,000 58,000 9,642 48,358 20,794 27,564 ASSETS 2011 100.0% 56.0% 44.0% 150,000 $330,000 20.8% 23.2% 3.9% 19.3% 8.3% 11.0% Dividends 2012 $21,800 76,389 $20,000 70,000 90,000 12.00-01.00 2012 $275,000 148,500 126,500 57,200 69,300 69,300 29,799 39,501 EAGLE OUTFITTERS PROJECTED BALANCE SHEET 9,875 10.0% 54.0% 14 10.0% 12.0% 43.0% 25.0% 9.0% Accounts Payable 3.6 Debt 250 LIABILITIES & EQUITY Common Stock 1.6 Retained Earnings Total Income Statement Assumptions 1) A 10% increase in sales 2) The gross profit margin is 46%. 3) Operating expenses as a percentage of sales will remain the same as last year. 4) The dividend payout ratio is 25%. Use formulas to link to factors in column F Balance Sheet Assumptions 1) Cash is 9% of sales, 2) Accounts Receivable turnover is 3.6. 3) The inventory period is 250 days. 4) Fixed asset turnover is 1.6. 5) The A/P period is 150 days. 4) Eagle issues 10,000 in common stock. 2011 $60,000 110,000 40,000 120,000 $330,000 2012 150 EAGLE OUTFITERS PROJECTED INCOME STATEMENT Income Statement Assumptions 1) A 10% increase in sales 2) The gross profit margin is 46%. 3) Operabng expenses as a percentoge of sales will remain the same as last year. 4) The dividend payout ratio is 25%. Use formulas to link to factors in column "F" Balance Sheet Assumptions 1) Cash is 9% of sales. 2) Accounts Receivable turnover is 3.6 . 3) The inventory period is 250 days. 4) Fixed asset turnover is 1.6. 5) The AP period is 150 days. 4) Eagle isaues 10,000 in common atock..

1. Sales COGS Gross Margin Expenses EBIT Interest (12%) EBT Inc Tax (43%) Net Income Cash
A/R Inventory Fixed Assets Total EAGLE OUTFITTERS PROJECTED INCOME
STATEMENT 2011 $250,000 140,000 110,000 52,000 58,000 9,642 48,358 20,794 27,564
ASSETS 2011 100.0% 56.0% 44.0% 150,000 $330,000 20.8% 23.2% 3.9% 19.3% 8.3% 11.0%
Dividends 2012 $21,800 76,389 $20,000 70,000 90,000 12.00-01.00 2012 $275,000 148,500
126,500 57,200 69,300 69,300 29,799 39,501 EAGLE OUTFITTERS PROJECTED BALANCE
SHEET 9,875 10.0% 54.0% 14 10.0% 12.0% 43.0% 25.0% 9.0% Accounts Payable 3.6 Debt
250 LIABILITIES & EQUITY Common Stock 1.6 Retained Earnings Total Income Statement
Assumptions 1) A 10% increase in sales 2) The gross profit margin is 46%. 3) Operating
expenses as a percentage of sales will remain the same as last year. 4) The dividend payout ratio
is 25%. Use formulas to link to factors in column F Balance Sheet Assumptions 1) Cash is 9% of
sales, 2) Accounts Receivable turnover is 3.6. 3) The inventory period is 250 days. 4) Fixed asset
turnover is 1.6. 5) The A/P period is 150 days. 4) Eagle issues 10,000 in common stock. 2011
$60,000 110,000 40,000 120,000 $330,000 2012 150 EAGLE OUTFITERS PROJECTED
INCOME STATEMENT Income Statement Assumptions 1) A 10% increase in sales 2) The
gross profit margin is 46%. 3) Operabng expenses as a percentoge of sales will remain the same
as last year. 4) The dividend payout ratio is 25%. Use formulas to link to factors in column "F"
Balance Sheet Assumptions 1) Cash is 9% of sales. 2) Accounts Receivable turnover is 3.6 . 3)
The inventory period is 250 days. 4) Fixed asset turnover is 1.6. 5) The AP period is 150 days. 4)
Eagle isaues 10,000 in common atock.