Given the income statement below for National Beverage Company for 2013, and the sales forecast from Problem 1, prepare a pro forma income statement for 2014. National Beverage Company Income Statement for 2013 Sales Revenue .................................$24,088,000 COGS ........................................... 8,164,000 SG&A Expenses .............................. 7,616,000 Depreciation Expenses ...................... 2,388,000 EBIT ........................................... $5,920,000 Interest Expense ............................. 220,000 Taxable Income .............................. $5,700,000 Taxes ..........................................

Given the income statement below for National Beverage Company for 2013, and the sales forecast from Problem 1, prepare a pro forma income statement for 2014.
National Beverage Company
Income Statement for 2013
Sales Revenue .................................$24,088,000
COGS ........................................... 8,164,000
SG&A Expenses .............................. 7,616,000
Depreciation Expenses ...................... 2,388,000
EBIT ........................................... $5,920,000
Interest Expense ............................. 220,000
Taxable Income .............................. $5,700,000
Taxes .......................................... 2,498,000
Net Income ................................. $3,202,000

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Related Book For answer-question

Financial Management Core Concepts

3rd edition

Authors: Raymond M Brooks

ISBN: 978-0133866698