MARKET QUALITY DISTRIBUTORS LTD.

PROJECTED INCOME AND EXPENDITURE 2020 - 2022

Projected Income & Expenditure Period OCT - DEC 2020

INCOME OCT - DEC 2020

Sales $5,356,000.00
Less: Cost Of Goods $3,213,600.00
Gross Profit $2,142,400.00
EXPENDITURE OCT - DEC 2020
Consulting Services $42,000.00
Directors Salaries $74,996.00
Employee Salaries $120,112.00
Shipping & Freight Cost $107,120.00
Motor Insurance $4,800.00
Diesel Truck Fuel $2,920.00
Business Fees $1,255.60
Rent & Utilities $53,560.00
Office Expenses $10,712.00
Spoilage $96,408.00

Total Expenditure $513,883.60

Profit & Loss Before Tax $1,628,516.40
Taxes $252,420.04
Net Profit $1,376,096.36

Projected Income & Expenditure Period OCT - DEC 2020

 Projected Income & Expenditure Year 2021

INCOME 2021
Sales $12,835,675.05
Less: Cost Of Goods $7,701,405.03
Gross Profit $5,134,270.02
EXPENDITURE 2021
Consulting Services $42,000.00
Directors Salaries $74,996.00
Employee Salaries $120,112.00
Shipping & Freight Cost $256,713.50
Motor Insurance $4,800.00
Diesel Truck Fuel $7,420.00
Business Fees $4,010.50
Rent & Utilities $128,356.75
Office Expenses $25,671.35
Spoilage $231,042.15

Total Expenditure $895,122.25

Profit & Loss Before Tax $4,239,147.77
Taxes $657,067.90
Net Profit $3,582,079.86

Projected Income & Expenditure Year 2021

 Projected Income & Expenditure Year 2022

INCOME 2022
Sales $14,983,254.55
Less: Cost Of Goods $8,989,952.73
Gross Profit $5,993,301.82
EXPENDITURE 2022
Consulting Services $42,000.00
Directors Salaries $74,996.00
Employee Salaries $120,112.00
Shipping & Freight Cost $299,665.09
Motor Insurance $4,800.00
Diesel Truck Fuel $7,890.00
Business Fees $4,520.00
Rent & Utilities $149,832.55
Office Expenses $29,966.51
Spoilage $269,698.58

Total Expenditure $1,003,480.73

Profit & Loss Before Tax $4,989,821.09
Taxes $773,422.27
Net Profit $4,216,398.82

Projected Income & Expenditure Year 2022