create a spreadsheet for this pro forma Year 1 Revenue: $175,000 Expenses: Cost of goods...

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Accounting

create a spreadsheet for this pro forma

Year 1

Revenue: $175,000

Expenses:

Cost of goods sold: $40,000

Rent: $17,500

Utilities: $7,500

Marketing: $10,000

Salaries: $50,000

Other expenses: $5,000

Net income: $45,000

Year 2

Revenue: $250,000

Expenses:

Cost of goods sold: $75,000

Rent: $22,500

Utilities: $8,500

Marketing: $15,000

Salaries: $75,000

Other expenses: $8,000

Net income: $46,000

Year 3

Revenue: $350,000

Expenses:

Cost of goods sold: $90,000

Rent: $25,000

Utilities: $9,000

Marketing: $18,000

Salaries: $110,000

Other expenses: $10,000

Net income: $88,000

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