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  • Fifi

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    Mi-cha Park
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    The document shows sales, costs, expenses, taxes, and other financial metrics for a company over multiple years. Sales increased each year from 2014 to 2017 at rates between 14.73% to 15.87%. In 2017, the company had $129,815 in sales and $63,447 in net income after paying costs, expenses, interest, and taxes. Projections show the company needing $42,652 in additional funds to cover increasing assets based on the prior year's 15% growth rate.

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    Financial Management, sales projection

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    The document shows sales, costs, expenses, taxes, and other financial metrics for a company over multiple years. Sales increased each year from 2014 to 2017 at rates between 14.73% to 15.87%. In 2017, the company had $129,815 in sales and $63,447 in net income after paying costs, expenses, interest, and taxes. Projections show the company needing $42,652 in additional funds to cover increasing assets based on the prior year's 15% growth rate.

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    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
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    16 views1 page

    Fifi

    Uploaded by

    Mi-cha Park
    The document shows sales, costs, expenses, taxes, and other financial metrics for a company over multiple years. Sales increased each year from 2014 to 2017 at rates between 14.73% to 15.87%. In 2017, the company had $129,815 in sales and $63,447 in net income after paying costs, expenses, interest, and taxes. Projections show the company needing $42,652 in additional funds to cover increasing assets based on the prior year's 15% growth rate.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as docx, pdf, or txt
    of 1

    Year Sales Rate of Increase

    2014 84697
    2015 97172 14.73%
    2016 112589 15.87%
    2017 129 815.117 15.3%

    Sales 129,815.117
    Less : Cost of sales x.30 38944.5351
    Gross Profit 90870.5819
    Less: Operating Expenses (12%) 1557.81404
    Income before Interest and taxes 89312.76786
    Less: Interest Expense 101.469303
    Income before taxes 89211.29856
    Less: Income Tax .30 26763.38957
    Net Income after tax 63447.90899

    Sales 112 589

    Current Assets 27801.589624

    Non Current A 37581.124132

    Current Liabilities 16062.347298

    Non Current Liabiities 6147.358587

    Ordinary Shares 2765.381406

    Retained Earnings 19551.431915

    1. Projected increase in assets = (112 589 x 15%) 27801.589624/112 589 =4 170.238444


    2. Spontaneous Increase in Asset = (112 589 x 15%) 16062.347298 / 112 589 = 2409.352095
    3. Increase in Retained Earnings
    63447.90899 x .30 = 19034.3727
    63447.90899-19034.3727 =44413.53629

    4. Additional Funds = 4 170.238444 - 2409.352095 - 44413.53629 = -42652.64994

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