Dominos Pizza Projected Financial Statements Discussion
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The discussion this week centers on projected financial statements. Use the format from Table 8-7 in your textbook to complete the exercise.
Using your target company and the strategy choices that you identified( Domino’s Pizza) , prepare a projected financial statements and post to the discussion board. In your post, remind our team of learners of the target organization, the chosen strategies, and any assumptions that will help to explain the financial data.
Table 8-7 DRH’s Actual and Projected Income Statements (in millions) Actual Year 2013 Projected 2014 Projected 2015 Projected 2016 Sales $6,259.00 $10,607.94 $12,520.69 $14,776.03 Costs of Goods Sold $4,854.00 $8,570.14 $10,115.44 $11,937.52 Gross Margin $1,405.00 $2,037.81 $2,405.25 $2,838.50 Selling & Administrative $766.00 $1,298.24 $1,532.33 $1,808.35 Other Operating -$15.00 -$25.42 -$30.01 -$35.41 EBIT $654.00 $764.99 $902.93 $1,065.57 Interest $5.00 $8.47 $10.00 $11.80 Other Income $9.00 $15.25 $18.00 $21.25 ??? $658.00 $771.77 $910.93 $1,075.01 Taxes $195.00 $228.72 $269.96 $318.58 Net Income $463.00 $543.05 $640.97 $756.43 Dividends $60.20 $70.45 $72.57 $74.74 Retained Earnings $402.80 $472.60 $568.41 $681.69
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