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Start-up Income Statement Projections

You are a Champion! Assume a Pro Forma Income Statement to project income and breakeven sales for the first year in the business and the following ratios for each $100 (average sales mix) Net Sales: Pro Forma Income Statement Dollars % Sales: Gross Sales (Suggested Retail) $166.67 166.7 Wholesale Discounts (40% Retail) 66.67 66.7 Net … Continue reading