Question: Chuck My Work remaining nok Problem walk-through Edmonds Industries is forecasting the following income statement Sails $5.000.000 Operating costs excluding depreciation & amortization 2.750.000 BETON
Chuck My Work remaining nok Problem walk-through Edmonds Industries is forecasting the following income statement Sails $5.000.000 Operating costs excluding depreciation & amortization 2.750.000 BETON 2.250,000 Deprecation and mortisation 550.000 51,700,000 Interest 450,000 LIST 51.250,000 Taxes (259) 312 500 Net income $937,500 The CEO would like to see higher sales and a forecasted net income of $1,150,000. Acume that operating costs (excluding deprecation and mortation) 55% of ass and that depreciation and amortization and interest cipenses will increase by 11 The tax rate, which is 2 wire sain the same. (Note that while the tax rate remains constant, the taxes paid will change. Whatevel of sales would rate 31,190,000 in net income on your awer to the nearest dollar, if necessary EDIT Check My Work (a remaining) 0
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