Please calculate the projected financial information for 2019E & 2020E. The growth rate is 21%....
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Accounting
Please calculate the projected financial information for 2019E & 2020E. The growth rate is 21%.
| Revenue | 2017A | 2018A | 2019E | 2020E |
| Total Revenue | $7,766,000 | $7,782,000 | ||
| Cost of Revenue | $4,299,000 | $4,445,000 | ||
| Gross Profit | $3,467,000 | $3,337,000 | ||
| Operating Expenses | ||||
| Selling General and Administrative | $2,303,000 | $2,382,000 | ||
| Total Operating Expenses | $6,760,000 | $7,000,000 | ||
| Operating Income or Loss | $1,006,000 | $782,000 | ||
| Incoming from Continuing Operations | ||||
| Total Other Income/Expenses Net | ($2,000) | ($204,000) | ||
| Earnings Before Interest and Taxes | $1,006,000 | $782,000 | ||
| Interest Expense | ($11,000) | ($12,000) | ||
| income Before Tax | $1,004,000 | $578,000 | ||
| Income Tax Expense | $340,000 | $294,000 | ||
| Net Income From Continuing Ops | $664,000 | $284,000 | ||
| Net Income per Common Share - Basic | 4.91 | 2.22 | ||
| Net Income Applicable to Common Shares | $134,000 | $127,200 |
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