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Den-Den's Minimart Income Projection 2019-2021

This document projects the income statement and expenses for Den-Den's Minimart from 2021-2019. It forecasts that gross sales will increase 50% from 2018 to 2021, while net profit will increase 55% from 2020 to 2021. Cost of goods sold and general expenses are also projected to rise over the period, but gross margin and net profit are expected to climb due to the growth in revenues. Historical financial data from 2015 to 2020 is also presented for comparison.

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Jelmar Rebuyas
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86 views5 pages

Den-Den's Minimart Income Projection 2019-2021

This document projects the income statement and expenses for Den-Den's Minimart from 2021-2019. It forecasts that gross sales will increase 50% from 2018 to 2021, while net profit will increase 55% from 2020 to 2021. Cost of goods sold and general expenses are also projected to rise over the period, but gross margin and net profit are expected to climb due to the growth in revenues. Historical financial data from 2015 to 2020 is also presented for comparison.

Uploaded by

Jelmar Rebuyas
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PPTX, PDF, TXT or read online on Scribd

DEN-DEN`S MINIMART

Statement of Income and Expenses


Projection 2019-2021

CY2021 CY2020
CY2021

Revenues
Gross sales 58,140,000.00 38,760,000.00
24,225,000.00
Less: cost of sales 10,800,000.00 7,200,000.00
5,400,000.00
Gross margin 47,340,000.00 31,560,000.00
18,825,000.00
Less:
General & Admin Expenses 6,156,000.00 4,924,800.00
3,693,600.00
Profit/(Loss)before tax 41,184,000.00 26,635,200.00
15,131,400.00
Less: Income tax 1,744,200.00 1,162,800.00
726,750.00

Net Profit/Loss 39,439,800.00 25,472,400.00


14,404,650.00

2018 Gross Sales 50%


2018-2019 Gross Sales 70%
2019-2020 Gross Sales 60% Net Profit 77%
2020-2021 Gross Sales 50% Net Profit 55%
DEN-DEN`S MINIMART
Statement of Income and Expenses
Projection 2019-2021

CY2021 CY2020 CY2019


Revenues
Gross Sales 58,140,000.00 38,760,000.00 24,225,000.00
Less: cost of sales 10,800,000.00 7,200,000.00 5,400,000.00
Gross margin 47,340,000.00 31,560,000.00 18,825,000.00
Less :
General & Admin Expenses 6,156,000.00 4,924,800.00 3,693,600.00
Profit/(Loss) before tax 41,184,000.00 26,635,200.00 15,131,400.00
Less: Income tax 1,744,200.00 1,162,800.00 726,750.00

Net Profit/Loss 39,439,800.00 25,472,400.00 14,404,650.00

2018 Gross Sales 50%


2018-2019 Gross Sales 70%
2019-2020 Gross Sales 60% Net Profit 77%
2020-2021 Gross Sales 50% Net Profit 55%
DEN-DEN`S MINIMART
Statement of Income and Expenses
As of December 31,2017

CY2017 CY2016 CY2015


Revenues
Gross Sales 9,500,000.00 5,750,000.00 3,500,00 0.00
Less: cost of sales 3,600,000.00 2,400,000.00 1,800,000.00
Gross margin 5,900,000.00 3,350,000.00 1,700,000. 00
Less:
General & Admin Expenses 2,052,000.00 1,641,600.00 1,231,200.00
Profit/(Loss) before tax 3,848,000.00 1,708,400.00 468,800.00
Less: Income tax 285,000.00 172,500.00 105,000 .00

Net Profit/Loss 3,563,000.00 1,535,900.00 363,800. 00

2015-2016 Gross Sales 64% Net Profit 3.2%


2016-2017 Gross Sales 65% Net Profit 1.3%
Projection 2019-2021

CY2021
CY2020 CY2021

Revenues
Gross sales 58,140,000.00
38,760,000.00 24,225,000.00
Less: cost of sales 10,800,000.00
7,200,000.00 5,400,000.00
Gross margin 47,340,000.00
31,560,000.00 18,825,000.00
Less:
General & Admin Expenses 6,156,000.00
4,924,800.00 3,693,600.00
Profit/(Loss)before tax 41,184,000.00
26,635,200.00 15,131,400.00
Less: Income tax 1,744,200.00
1,162,800.00 726,750.00

Net Profit/Loss 39,439,800.00


25,472,400.00 14,404,650.00

2018 Gross Sales 50%


2018-2019 Gross Sales 70%
2019-2020 Gross Sales 60% Net Profit
77%
2020-2021 Gross Sales 50% Net Profit
55%

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