Question: 6. Problem 16.07 (Pro Forma Income Statement) 3. ed 124 elook At the end of tast year, Roberts Inc. reported the following income statement (in

 6. Problem 16.07 (Pro Forma Income Statement) 3. ed 124 elook

6. Problem 16.07 (Pro Forma Income Statement) 3. ed 124 elook At the end of tast year, Roberts Inc. reported the following income statement (in Millions of dollars): Sales $3,000 Operating costs excluding depreciation 2.450 EBITDA 5550 Depreciation 250 EBIT $300 Interest EBT $176 Tues (259) 44 Net income 5132 Looking ahead to the following year, the company's CFO has assembled this information: Year end sales are expected to be 11 higher than the 3 billion in sales generated last year Year and operating costs, excluding depreciation, are expected to equal 5% of year-end sales Deprecationis expected to increase at the same rate as sales Interest costs are expected to remain unchanged The tax rate is expected to remain at 255 On the basis of that information. What will be the forecast for Robert Wear end net income Enter your answer in millions. For example, an answer of $25,400,000 should be entered as 25.40. Do not roundinamente calculations. Round your answer to two decimal places minion

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