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Given the income statement below for California Cement Company for 2009, and the sales forecast from Problem 2, prepare a pro forma income statement for CCC for 2010. California Cement Company Income Statement for 2009 Sales Revenue ....... $22,923,000 COGS

Given the income statement below for California Cement Company for 2009, and the sales forecast from Problem 2, prepare a pro forma income statement for CCC for 2010.
California Cement Company
Income Statement for 2009
Sales Revenue ....... $22,923,000
COGS ............ 11,713,000
SG&A Expenses ....... 4,043,000
Depreciation Expenses ...... 1,420,000
EBIT ............ $ 5,747,000
Interest Expense ......... 173,000
Taxable Income ....... $ 5,574,000
Taxes ............ 1,723,000
Net Income ......... $ 3,851,000

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Financial Management Core Concepts

Financial Management Core Concepts

ISBN: 978-0132671033

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Authors: Raymond M Brooks

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Posted Date: May 08, 2014 08:01:37
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