Annual Income Statement

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ANNUAL INCOME STATEMENT

A key tool used to capture revenue and expense on an annual basis in order to financially model the business and to make projections for future sales with respect to fixed and variable expenses as it affects net profit.  Also, used to determine the business cycle with respect to historically low performing months.  This will enable the manager to adjust expenses to build a reserve for the low performing months to avoid acash flow depletion.

 

Annual Income Statement Template

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