FINA310_IP_Income_StatementTemplate2023Unit2.xlsx

Forecast

FINA310 IP TEMPLATE FOR STUDENTS (revised 2023)
Student name:
Date:
ACTUAL FORECAST
2022 Next Year
Total Revenue $ 106,005
Cost of Revenue $ (74,963)
Gross Profit $ 31,042
Operating Expenses $ (22,096)
Operating Income $ 8,946
Net Interest Income $ (39)
Pre-Tax Income $ 8,907
Provision for Income Tax (22%) $ (1,961)
Net Income $ 6,946

Year over Year

ANALYSIS OF GROWTH RATES
YEAR Total Revenue Growth Year over Year
2018 72,710 3.64%
2019 75,360 3.65%
2020 78,112 19.78%
2021 93,561 13.30%
2022 106,005