Your pro forma income statement shows sales of $1,000,000, cost of goods sold as $500,000, depreciation expense
Question:
Your pro forma income statement shows sales of $1,000,000, cost of goods sold as $500,000, depreciation expense of $100,000, and taxes of $160,000 due to a tax rate of 25%. What are your pro forma earnings? What is your pro forma free cash flow?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
Fundamentals Of Corporate Finance
ISBN: 9780135811603
5th Edition
Authors: Jonathan Berk, Peter DeMarzo, Jarrad Harford
Question Posted: