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    mieke's Avatar
    mieke Posts: 1, Reputation: 1
    New Member
    		  
    #1

    Nov 9, 2009, 05:06 PM
    Budge income statetment
    Hi,
    How do I develop a budget income statement from last years annual figures?
    haider78605's Avatar
    haider78605 Posts: 61, Reputation: 1
    Junior Member
    		  
    #2

    Nov 10, 2009, 02:01 AM

    From last years data you can forecast coming years sales and the expenses . Once you have prepared all the forecasted sales and expenses then you can simply subract the cost of sales and other operating expenses from sales and will get a profit figure...

    If you have any further queries feel free to ask :)
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