Question: 2) please highlight the answer Your pro forma income statement shows sales of $1,019,000, cost of goods sold as $486,000, depreciation expense of $99,000, and

2) please highlight the answer
Your pro forma income statement shows sales of $1,019,000, cost of goods sold as $486,000, depreciation expense of $99,000, and taxes of $108,500 due to a tax rate of 25%. What are your pro forma earnings? What is your pro forma free cash flow? Complete the pro forma income statement below: (Round to the nearest dollar.) The pro forma free cash flow will be $ (Round to the nearest dollar.)
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
