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Week 7 - Project File - Student

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caleb.s.larsen
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9 views9 pages

Week 7 - Project File - Student

Uploaded by

caleb.s.larsen
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as XLSX, PDF, TXT or read online on Scribd
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La Casa de Sergio - Polanco

Income Statement
for the year ended December 31, 2024
Revenue $145,930
Less: Cost of goods sold 47,940
Gross profit 97,990
Less expenses:
Selling expenses $29,160
Administration expenses 36,470
Other operating expenses 16,925 82,555
Operating income 15,435
Less: Income tax expense 3,087
Net income $12,348
Sales
Jan $ 10,900
Feb $ 11,110 Sales
Mar $ 11,220 $16,000
Apr $ 11,440 $14,000
May $ 11,660 $12,000
Jun $ 10,500 $10,000
Jul $ 10,740
$8,000
Aug $ 12,600
$6,000
Sep $ 12,720
$4,000
Oct $ 14,560
$2,000
Nov $ 13,360
$-
Dec $ 13,620 Ja n Fe b Ma r Apr Ma y Jun Jul Aug Sep

Cost of goods sold


Jan $ 3,450
Feb $ 3,550 Cost of goods sold
Mar $ 3,800
Apr $ 3,910

$4,120
$4,110

$4,070
$3,990
$3,910
$3,800
$3,550
$3,450

May $ 3,990

$3,090
Jun $ 3,090
Jul $ 4,110
Aug $ 4,070
Sep $ 4,120
Oct $ 5,310
Nov $ 4,230
Dec $ 4,310 Ja n Fe b Ma r Apr Ma y Jun Jul Aug Sep O

Other operating expenses


Jan $ 1,230
Feb $ 1,260 Other operating expense
Mar $ 1,270 $2,000
Apr $ 1,320
$1,500
May $ 1,330
$1,000
Jun $ 1,205
Jul $ 1,450 $500

Aug $ 1,430 $-
Sep $ 1,500 J an F eb Mar Ap r May Jun Jul Au g S ep
Oct $ 1,740
Nov $ 1,570
Dec $ 1,620
← Insert the Sales chart here
ales

Jun Jul Aug Sep Oct Nov De c

← Insert the Cost of Goods Sold chart here


goods sold
$5,310

$4,310
$4,230
$4,120
$4,110

$4,070
$3,090

un Jul Aug Sep Oct Nov De c

← Insert the Other Operating Expenses chart here


ating expenses

Jun Jul Au g S ep Oc t Nov D ec


es chart here
Kitchen Equipment Package -Supplier 1
Total cost: $76,500.00
Down payment: $10,000.00
Annual rate: 6.25%
Years of payments: 5
Annual payment amount: ← calc: use PMT function to calculate

Total package payments: ← calc: pmt x years, add down payment


Kitchen Equipment Package -Supplier 2
Total cost: $92,740.00
Down payment: $15,000.00
Annual rate: 5.75%

Years of payments: 7
Annual payment amount: ← calc: use PMT function to calculate

Total package payments: ← calc: pmt x years, add down payment


Kitchen Equipment Package -Supplier 3
Total cost: $69,900.00
Down payment: $5,500.00
Annual rate: 6.50%

Years of payments: 3
Annual payment amount: ← calc: use PMT function to calculate

Total package payments: ← calc: pmt x years, add down payment


to calculate
down payment

to calculate
down payment

to calculate
down payment

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