chap3lab1
- 1. Assumption Unit Sold in Prior Year 11,459,713 Unit Cost 13.40 Annual Sales Growth 4.50% Annual Price Decrease 4.25% Margin 39.25% SALIOTO AUTO PARTS EIGHT-YEAR FINANCIAL PROJECTION 1 2 3 4 5 6 ar ar ar ar ar ar Ye Ye Ye Ye Ye Ye Sales 252,773,916 252,922,421 253,071,013 253,219,692 253,360,459 253,517,313 Cost of goods 153,560,154 153,650,371 1,537,406,403 153,830,963 153,921,339 154,011,767 Gross Margin 99,213,762 99,272,050 99,330,373 99,388,729 99,447,120 99,505,545 Expenses Advertising 32,861,109 32,880,415 32,899,732 32,919,060 23,938,400 32,957,751 Maintenance 1,905,000 5,550,000 4,250,000 5,050,000 2,500,000 3,150,000 Rent 1,700,000 1,870,000 2,057,000 2,262,700 2,488,970 2,737,867 Salaries 56,242,196 56,275,239 56,308,300 56,341,382 56,374,482 56,407,602 Supplies 3,791,609 3,793,836 3,796,065 3,798,295 3,800,527 3,872,760 Toal Expenses 96,499,914 100,369,490 99,311,097 100,371,437 89,102,379 99,125,980 Operating Income 2,713,848 -1,097,439 19,275 -982,708 1,344,741 449,566 Income Taxes 1,085,539 0 7,710 0 537,897 179,826 Net Income 1,628,309 -1,097,439 11,565 -982,708 806,845 269,739
- 2. 6 7 8 ar ar ar Ye Ye Ye 253,666,254, 253,815,283 154,102,249 154,192,784 99,564,005 99,622,499 32,977,113 32,996,487 2,945,000 3,560,000 3,011,654 3,312,819 56,440,742 56,473,900 3,804,994 3,807,229 99,179,503 100,150,435 384,503 -527,937 153,801 0 238,702 -527,937