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Topic: Business
Number of pages / Number of words: 3 / 666
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As the corner stone of our evaluation we used the given expected sales volume (3,6 million $ for year 2004).

In the pro forma income statement we used the growth rate incurred in sales (33%) from year 2003 to year 2004. We also noticed that the proportion of expenses of each year compared to the incomes remained approximately the same...


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As the corner stone of our evaluation we used the given expected sales volume (3,6 million $ for year 2004).

In the pro forma income statement we used the growth rate incurred in sales (33%) from year 2003 to year 2004. We also noticed that the proportion of expenses of each year compared to the incomes remained approximately the same...


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