Peerless Grocery Store Income Statement Sample
Year Ended 30 June 2011.
Grocery store income statement sample. No matter what you call it it summarizes activity over a period of time usually one to 12 months. 10000 Less closing inventory as at 30 June 2011 60000. Regular forecasting of the grocery store income statement can highlight the flow of revenue in the future and where there could be improvements made.
This Projected Income Statement will assist you in forecasting the income you can expect over a twelve month period. ILLUSTRATION 4-2 Income Statement. You can quickly receive financial reports grocery store operating costs reports and forecasts for sales and inventory management.
Revenue generated from the sale of goods and services. Cost of Goods Sold. The other essential part of your financial statement has a variety of names.
Ad Find Income Statement Template. Based on this calculation the model will generate all other indicators necessary for successful management. Sales Return - Amount of sales return accepted during the year.
For example consider the income statement shown in Illustration 4-3 for Boc Hong Company. Ad Find Income Statement Template. With the Grocery Store Financial Projection Model Excel you will secure meetings with potential investors easily.
The model takes the count of people passing by and applies the conversion rate to buyers. 250000 Cost of Goods Sold Opening inventories as of 1 July 2010 40000 Add purchases. We do the math.