RENT 2 PACKAGES

(2PS4 + 2TV) Income Statement(Annual and Monthly Comparative Analysis)

**This income statement does not take into account factors such as rent,employee salaries and other similar expenses the you may have.
**Goods refers to playstation or TV.
**All calculations are made by assuming a minimum of 30 games per day for 10ETB. Therefore 9000ETB per month.
**Prices for both the TV and Playstation are taken as 18,000ETB.

Revenue Month 1(rent) Month 1(no rent) Month 2(rent) Month 2(no rent) Total year(rent) Total year(no rent)
Sales revenue 18,000x 1 (no_of_goods) 0 18,000x 1 (no_of_goods) 0

(9,000x no_of_rented) (9,000x no_of_goods) (9,000x no_of_rented) (9,000x no_of_goods) (108,000x no_of_rented) (108,000x no_of_goods)
9,000 x 2 9000x1 9,000 x 2 9000x1 108,000 x 2 108000x1
Service revenue =18,000 =9000 =18,000 =9000 =216,000 =108000
Interest revenue

Will be included in the Will be included in the Will be included in the

Other revenue(Advertising) future. future. future.
Total Revenues 18,000 9,000 18,000 9,000 216,000 108,000
Total Revenues with TV 18,000 9,000 18,000 9,000 216,000 108,000
[42]
Expenses

(18,000x no_of_goods) (18,000x no_of_goods)

18,000x1 18,000x1
Cost of goods 0 =18,000 0 =18,000

Only 75% fee will be Only 75% fee will be Only 75% fee will be
paid for any damaged paid for any damaged paid for any damaged
Maintenance and repairs goods. goods. goods.

(2000x no_of_rented) (2000x no_of_rented) (24000x no_of_rented)

2000x2 2000x2 24000x2
Rent =4000 0 =4000 0 =48000 0

Salaries and wages

Software
Other
Total Expenses without TV 4,000 18,000 4,000 0 48,000 18,000
Total Expenses with TV 8,000 36,000 8,000 0 96,000 36,000

Net Income Before Taxes 14,000 (9,000) 14,000 9,000 168,000 90,000
Net Income Before Taxes
with TV 10,000 (27,000) 10,000 9,000 120,000 72,000
Income tax expense

Income from Continuing Operations 14,000 (9,000) 14,000 9,000 168,000 90,000
Income from Continuing Operations 10,000 (27,000) 10,000 9,000 120,000 72,000
{42}

Annual and Monthly

Comparative Analysis With Rent Without Rent
Monthly Income without TV 14,000 9,000
Monthly Income with TV 10,000 9,000

Net Income 168,000 90,000

Net Income 120,000 72,000

Conclusion: Just by renting 2 packages(2PS+2TV) there is an extra 10,000ETB

to be made every month and 120,000ETB every year in monthly and annual income.