4) A proposed new investment has projected sales of $515,000. Variable costs are 37 percent of sales,
Fantastic news! We've Found the answer you've been seeking!
Question:
4)
A proposed new investment has projected sales of $515,000. Variable costs are 37 percent of sales, and fixed costs are $133,000; depreciation is $52,000. Prepare a pro forma income statement assuming a tax rate of 23 percent. What is the projected net income? (Input all amounts as positive values. Do not round intermediate calculations.) |
Sales | |
Variable costs | |
Fixed costs | |
Depreciation | |
EBT | |
Taxes | |
Net income |
Related Book For
Fundamentals of Corporate Finance
ISBN: 978-0077861629
8th Edition
Authors: Stephen A. Ross, Randolph W. Westerfield, Bradford D.Jordan
Posted Date: