Obada, Julierose Coronel Product Name: Quashema Pancake

Group no. 2 Dan Jave L. Dumpa

QUASHEMA COMPANY
Proposed Income Statement
For the period of 5 years

      Daily Monthly Year 1 Year 2 Year 3 Year 4 Year 5

PHP PHP PHP PHP PHP PHP PHP
Sales     1,000.00 30,000.00 360,000.00 396,000.00 435,600.00 479,160.00 527,076.00
Less: Cost of PHP PHP PHP PHP PHP PHP PHP
Sales     380.00 11,400.00 136,800.00 150,480.00 165,528.00 182,080.80 200,288.88
Gross PHP PHP PHP PHP PHP PHP PHP
Profit/Loss     620.00 18,600.00 223,200.00 245,520.00 270,072.00 297,079.20 326,787.12
                   
Less:
Operating
Expenses                  
Advertising PHP PHP PHP PHP PHP PHP PHP
  expense 5.00   150.00 1,800.00 1,980.00 2,178.00 2,395.80 2,635.38
Transportatio PHP PHP PHP PHP PHP PHP PHP
  n expense 10.00   300.00 3,600.00 3,960.00 4,356.00 4,791.60 5,270.76
Salary PHP PHP PHP PHP PHP PHP PHP
  Expense 315.00   9,450.00 113,400.00 124,740.00 137,214.00 150,935.40 166,028.94
PHP PHP PHP PHP PHP PHP PHP
  Utilities 10.00   300.00 3,600.00 3,960.00 4,356.00 4,791.60 5,270.76
Total PHP PHP PHP PHP PHP PHP PHP
  Expenses   340.00 - - - - - -
PHP PHP PHP PHP PHP PHP PHP
Net 280.00 18,600.00 223,200.00 245,520.00 270,072.00 297,079.20 326,787.12
Profit/Loss
   

The table shows the projected Income Statement of Quashema Company for the
year ended December 2021. It shows the total Sales, cost of sales, gross profit, and the
Operating Expenses. It will show if the company gain a profit or loss.