Question: Can you help me solve this question: Using Microsoft Excel to create a pro-forma income statement based on the following assumptions. Sales for the first
Can you help me solve this question: Using Microsoft Excel to create a pro-forma income statement based on the following assumptions. Sales for the first month: $60,000 Cost of sales = 42% of sales, all variable Operating expenses = $10,000 fixed plus 5% of sales Tax rate 30% Sales increase by 5% each month
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Sure I can guide you through creating a proforma income statement in Microsoft Excel based on the given assumptions Heres how you can set it up step b... View full answer
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