Grade Apoints 50 / 506-3 Assignment: 24-Month Pro Formasouth

Grade APoints 50 / 506-3 Assignment: 24-Month Pro FormaSouthern New Hampshire UniversityBUS-400 Driving Business Opportunities 02:14:18 GMT -05:00BUS 400 Module Six Assignment Template24-Month Pro FormaPrevious Fiscal YearIntel including eVice24-MonthProjectionseVice product only24-MonthProjectionsSales$ 63,054,000,000$ 134,106,106,195$ 2,260,192,195Cost of goods sold$ 36,188,000,000$ 76,966,279,237$ 1,297,171,237Gross profit$ 26,866,000,000$ 57,139,826,958$ 963,020,958Marketing$ 1,200,000,000$ 3,353,512,261$ 43,014,410Administrative expenses$ 5,802,000,000$ 12,924,974,674$ 207,974,674Total operating expense$ 24,532,000,000$ 52,175,769,930$ 879,357,930Income from operations$ 2,334,000,000$ 4,964,057,028$ 83,663,028Other income$ 4,268,000,000$ 9,077,375,920$ 152,987,920Income before tax and interest$ 6,602,000,000$ 14,041,432,948$ 236,650,948Other expense (interest)$ 1,166,000,000$ 2,479,901,669$ 41,795,669Income before income tax$ 7,768,000,000$ 16,521,334,617$ 278,446,617Income tax expense$ (249,000,000)$ (529,584,490)$ (8,925,490)Net income$ 8,017,000,000$ 17,050,919,107$ 287,372,107Explanation of AssumptionsI used Intel’s 2022 Form 10-K to fill in the data for the fiscal year 2022, which also indicated Intel expects relatively flat revenue in 2023 (Intel, 2022). I assumed a 2% year-over-year (YoY) revenue growth rate in 2023 and a 5% YoY in 2024 for all existing business units. To keep the financial sheet simple, I assumed the line item ratio breakdowns of 2022 to be the same for 2023 and 2024, providing Intel’s projected performance without the eVice. After estimating Intel’s revenue, I added the eVice revenue figures based on