Question: please reply to me as soon as possible . Please use the following projections for Top-A1 Inc.: Total sales of $145,000 Cost of goods sold
. Please use the following projections for Top-A1 Inc.: Total sales of $145,000 Cost of goods sold equal to 76.8 percent of sales Total expenses equal to 13.2 percent of sales Tax rate of 35 percent Beginning equity of $47,000 Beginning inventory of $11,400 Age of ending inventory of 62 days Minimum cash balance of $11,000 Accounts receivable of 31 days Fixed assets of $57,400 Accounts payable of 37 days Create an entire pro-forma income statement for Top-A1. Be sure to calculate the projected net earings. Complete pro-forma income statement for Top-A1 below: (Round to the nearest dollar.) $ $ $ Top-A1 Inc. Pro-Forma Income Statement Sales Cost of goods sold Gross profit Total operating expenses $ Earnings before tax (EBT) $ Taxes $ Net earnings $
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