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6-3 Assignment: 24-Month Pro Forma
Mykalah Draine
Southern New Hampshire University
BUS-400-Q2767: Driving Business Opportunities
Instructor Christopher Anderson
Sunday, December 3, 2023
Previous Fiscal Year
24-Month Projections
Sales
$31,877,000
$79,692,500
Cost of goods sold
$19.659M
$49147.5M
Gross profit
$12.218B
$24.436B
Selling expenses
$4,756,000
$11,890,000
Administrative expenses
$3,136,000
$7,840,000
Total operating expense
$2,413,000
$6,032,500
Income from operations
$2,518,000
$6,295,000
Other income
$1,200,000
$3,000,000
Income before tax and interest
$10,479,000,000
$26,197,500,000
Other expense (interest)
$5,650,000
$14,125,000
Income before income tax
$10,473,350,000
$20,946,700,000
Income tax expense
$7,029,000
$17,572,500
Net income
$1,053,000,000
$2,632,500,000
Explanation of Assumptions
As of last year’s numbers, compared to numbers from the most current quarters, there has
been an 82% increase. In 2020, the COVID-19 pandemic declined Uber’s revenue by 21%, however, the company was able to increase sales and make up for the missed revenue. Based on previous results, it is predicted that Uber will beat last year’s revenue, as they are up 26%. In the 24-month Projections, numbers will be based on this increase.
2
References
https://www-mergentonline-com.ezproxy.snhu.edu/companyfinancials.php?
pagetype=asreported&compnumber=146900&period=Annuals&dataarea=PL&range=3¤c
y=AsRep&scale=AsRep&Submit=Refresh&csrf_token_mol=3578cd5644
Uber announces results for fourth quarter and full year 2022
. (n.d.).
https://investor.uber.com/news-events/news/press-release-details/2023/Uber-
Announces-Results-for-Fourth-Quarter-and-Full-Year-2022/default.aspx
Uber Technologies Cost of Goods sold 2017-2023 | UBER
. (n.d.). MacroTrends. https://www.macrotrends.net/stocks/charts/UBER/uber-technologies/cost-
goods-sold#:~:text=Uber%20Technologies%20cost%20of%20goods%20sold%20for
%20the%20twelve%20months,a%20110.23%25%20increase%20from%202021.
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eBook
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Required information
Lyndia Company is a merchandiser that sells a total of 15 products to its customers. The company provided the following
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Selling Price
Variable Cost
Product
1
Unit Sales
per Unit
per Unit
9,000
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$12.95
2
16,500
$ 99
$68.55
3
6,000
$ 85
$42.50
4
19,500
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$85.00
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27,000
$119
7
3,000
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$92.00
$14.30
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7,500
$ 79
$33.18
9
9,000
$
69
$30.36
10
15,000
$.95
$77.60
11
10,500
$ 59
$25.40
12
1,500
$
65
$29.00
222
13
3,000
$
44
$12.40
141
6,000
$ 49
$13.48
15
12,000
150,000
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$61.83
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Oe. Alternative 3
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Year
1
2
seconds.
Tucson Macninary, Inc. manufacturers numerically controlled macnines (NCMS), which sell for an average price of $0.5 million each. Sales for these NCMS for the past two years were as
follows:
P
Quarter 1 Quarter 2 Quarter 3 Quarter 4
12
18
26
16
16
24
28
18
What season factor would be associated with the fourth quarter?
Show the formula you used and how you derived the answer.
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Question 8 of 19 > >>
1:34 PM
9/30/2022
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