Use the following information and solve the questions Input Trek, Inc. Income Statement for 2021 Sales COGS
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Input Trek, Inc. Income Statement for 2021 Sales COGS Other expenses Depreciation EBIT Interest Taxable income Taxes (21%) Net income Dividends Add to RE 50,000,000 37,000,000 5,000,000 1,800,000 800,000 1,000,000 Other Inputs Tax rate Growth rate Capacity Utilization 21% 25% 95% Input Trek, Inc. Income Statement for 2021 Sales COGS Other expenses Depreciation EBIT Interest Taxable income Taxes (21%) Net income Dividends Add to RE 50,000,000 37,000,000 5,000,000 1,800,000 800,000 1,000,000 Other Inputs Tax rate Growth rate Capacity Utilization 21% 25% 95%
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Answer Below is complete proforma income statement Proforma Income State... View the full answer
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
Posted Date:
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