Proton Drinks wants to estimate the amount of cash needed for dividends in 2010. Sales will likely

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Proton Drinks wants to estimate the amount of cash needed for dividends in 2010. Sales will likely grow by 40%. The percentage of sales for variable costs will increase to 40%. Dividends will be bumped up to 50% of net income.

Required:
Complete the pro forma income statement and dividend data for 2010.

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Financial Management for Decision Makers

ISBN: 978-0138011604

2nd Canadian edition

Authors: Peter Atrill, Paul Hurley

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Question Posted: Apr 21, 2016 04:32 AM

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Proton Drinks wants to estimate the amount of cash needed for dividends in 2010. Sales will likely

Question:

2009 300,000 100,000 75,000 $ 125,000 50,000 2010 Sales Variable costs Fixed costs Net income Dividends

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Proton Drinks 2009 2010 Sales 300000 ...View the full answer

Financial Management for Decision Makers

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