Google Company Analysis
Prepared by Matt Decuir
Exhibit 10 – Projected Common Size Analysis (Note Hidden Years)
| Projections | |||||
| Common Size Income Statement | 2007 | 2008 | 2009 | 2016 | 2026 |
| Sales | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% |
| Cost Of Goods Sold | 40.27% | 40.15% | 40.07% | 39.96% | 39.94% |
| Gross Profit | 59.73% | 59.85% | 59.93% | 60.04% | 60.06% |
| Selling & Adminstrative & Depr. & Amort Expenses | 25.92% | 26.00% | 26.06% | 26.13% | 26.14% |
| Income After Depreciation & Amortization | 33.81% | 33.85% | 33.88% | 33.92% | 33.92% |
| Non-Operating Income | 2.79% | 1.79% | 1.16% | 0.30% | 0.18% |
| Interest Expense | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Pretax Income | 36.59% | 35.64% | 35.04% | 34.21% | 34.10% |
| Income Taxes | 12.81% | 12.47% | 12.26% | 11.98% | 11.94% |
| Net Income | 23.79% | 23.17% | 22.77% | 22.24% | 22.17% |
| Depreciation Footnote | |||||
| Income Before Depreciation & Amortization | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Depreciation & Amortization (Cash Flow) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Income After Depreciation & Amortization | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |