[3-F] Income statement — Budgeted. Quarterly and annual
Panoramic overview of the budget at current value ($c) and in percentage (%)
Here is presented a summary of the budget by quarter at current value and in percentage, along with the accrued of the year. This allows for a better evaluation and awareness of the numbers to look for trends and assess its logic. One of the advantages of seeing the budget by quarter is that the variations resulting from the holidays are "absorbed".
The Net sales (3,402) of the second quarter are the lowest of the financial year. Nevertheless, the percentage of Cost of sales (69.5%) and the Operating expenses (25.8%) are the highest and are abnormally high in relation to the sales.
The Financing cost tends to lower in percentage due to the increase in the Net sales.