Question: Complete the pro forma income statements below. (Do not round Intermediate calculations and round your answers to the nearest whole number, e.g., 32.) Sales

Complete the pro forma income statements below. (Do not round Intermediate calculations and round your answers to the nearest whole number, e.g., 32.) Sales Costs Other expenses EBIT Interest paid Taxable income Taxes (23%) Net income Dividends Add to RE EFN 15% Sales Growth S S S S S Answer is complete but not entirely correct. Pro Forma Income Statement 15% 886,650 $ 721,050 37,950 127,650 17,200 110,450 25,403 20% Sales Growth 38,076 46,972 s 85,047 $ Is 20% $ 925,200 752,400 39,600 133,200 45% Sales Growth $ 1,117.950 909,150 S 17,200 116,000 $ 26,680 89,320 $ 39,989 S 43,242 X Calculate the EFN for 15, 20 and 45 percent growth rates. (A negative answer should be Indicated by a minus sign. Do not round Intermediate calculations and round your answers to the nearest whole number, e.g., 32.) 45% 47,850 160,950 17,200 143,750 33,063 110,688 49,555 61,133
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Sales Growth Rate 15 20 45 Net Income 85047 89320 110688 Dividends 38076 39989 49555 Add to RE 46972 ... View full answer
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