What we need this week is for you to generate an income statement for a fictitious company that you might want to start (not a real company.) You are to use a similar type company that you find on the internet as an example. You’ll see that the word count is very low, that’s because the income statement itself does not count in the word count. What counts is an explanation of how you got the main numbers, so that won’t be much verbiage. So it can’t be a real company and you need an explanation of how you arrived at the main numbers. It makes the most sense to do it for the first year of operations but that is just a suggestion. Hope this helps, as always, let me know if you have any questions.
my fictitious company will be similar to PepsiCo,