Previous Fiscal Year

 

24-Month Projections

 

Sales

 

$

 

$

 

Cost of goods sold

 

$

 

$

 

Gross profit

 

$

 

$

 

Selling expenses

 

$

 

$

 

Administrative expenses

 

$

 

$

 

Total operating expense

 

$

 

$

 

Income from operations

 

$

 

$

 

Other income

 

$

 

$

 

Income before tax and interest

 

$

 

$

 

Other expense (interest)

 

$

 

$

 

Income before income tax

 

$

 

$

 

Income tax expense

 

$

 

$

 

Net income

 

$

 

$

 

Explanation of Assumptions

[Insert one to two paragraphs explaining how you speculated appropriate assumptions.]

 

References

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