Explain the parts of the business plan

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Reference no: EM13947461

Explain the parts of the business plan. Your response should be at least 250 words in length. APA Format Construct a pro forma income statement for the first year and second year for the following assumptions:

• Units of Sales in Year 1: 110,000.

•Price per Unit: $11.

•Variable cost per unit: 30%.

•Fixed Costs: $125,000.

•Income taxes: 15%.

•Interest Expense: $200,000.

•In year 2, Price per unit increases to $11.50,

and unit of sales increases by 5%,

all other assumptions remain the same. .

Reference no: EM13947461

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