The estimated gross profit percentages entered in row 12 on the Assumptions sheet are used to calculate the appropriate gross profit amounts in each year on the cash flow projections. The cost of sales amounts are then calculated by deducting the gross profit amounts from the appropriate turnover amounts.

CopyFinancial > The estimated gross profit percentages entered in row 12 on the Assumptions sheet are used to calculate the appropriate gross profit amounts in each year on the cash flow projections. The cost of sales amounts are then calculated by deducting the gross profit amounts from the appropriate turnover amounts.