Question: Please show work Your pro forma income statement shows sales of $960,000, cost of goods sold as $479,000, depreciation expense of $105.000, and taxes of

Please show work Please show work Your pro forma income statement shows sales of $960,000,

Your pro forma income statement shows sales of $960,000, cost of goods sold as $479,000, depreciation expense of $105.000, and taxes of $150 400 due to a tax rate of 40 %. What are your pro forma eamings? What is your pro forma free cash flow? Complete the pro forma income statement below (Round to the nearest dollar.) Sales $ Cost of Goods Sold Gross Profit Depreciation EBIT Taxes (40 % ) Eamings

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!

Henry Wells, William Fargo, and their partners decided the two business services most needed by San Franciscans were transportation and banking. After acquiring a building near the intersection of...

All problems in this chapter are arailable in Myfinancelab. An asterisk indicates problems uwith a higher lenel of difficulity PROBLEMS Forecasting Incremental Earnings 1. Daily Enterprises is...

Your pro forma income statement shows sales of $1,022,000, cost of goods sold as $515,000, depreciation expense of $105,000, and taxes of $100,500 due to a tax rate of 25%. What are your pro forma...

170 Fall 2020: MGT 9170 (1) Chinedu Ibuaka & | 10/13/20 2:39 AM 10/13/ Homework: WEEK 6 ASSIGNMENT - CHAPTER 9 Save Score: 0 of 1 pt 5 of 5 (3 complete) HW Score: 60%, 3 of 5 pts op P 9-9 (similar...

Homework: HW9 - Chapter 9 Homework Save Score: 0 of 10 pts 5 of 9 (0 complete) HW Score: 0%, 0 of 90 pts P 9-9 (similar to) Question Help Your pro forma income statement shows sales of $1,009,000,...

Your pro forma income statement shows sales of $977,000, cost of goods sold as $495,000, depreciation expense of $105,000, and taxes of $150,800 due to a tax rate of 40%. What are your pro forma...

Business-Finance-Summer-1-2020-FINU-305-OT1 Homework: Chapter 9 Homework (Copy) Save Score: 0 of 2 pts 9 of 20 (6 complete) HW Score: 22%, 11 of 50 pts P 9-9 (similar to) Question Help Your pro forma...

Your pro forma income statement shows sales of $1,000,000, cost of goods sold as $492,000, depreciation expense of $105,000, and taxes of $161,200 due to a tax rate of 40%. What are your pro forma...

Your pro forma income statement shows sales of $ 1,013,000, cost of goods sold as $ 504,000, depreciation expense of $ 105,000, and taxes of $ 161,600 due to a tax rate of 40 %. What are your pro...

Please answer all parts! Thank you! Your pro forma income statement shows sales of $1,038,000, cost of goods sold as $492,000, depreciation expense of $99,000, and taxes of $178,800 due to a tax rate...

Your pro forma income statement shows sales of $1,015,000, cost of goods sold as $519,000, depreciation expense of $105,000, and taxes of $97,750 due to a tax rate of 25%. What are your pro forma...

An operational amplifier. Select one or more: O a. Always has negative feedback applied O b. May have negative feedback applied O c. Cannot have positive feedback applied d. Always has positive...

Given the circuit in Fig. 4.84, use superposition to get io? 4A 12 V 10 5 2 A

When excess capacity costs are the result of serving a specific group of customers, it Blank _ _ _ _ _ _ be appropriate to charge those customers a higher price. Multiple choice question. will always...

You work at an office of a national company. The area director wants all local branches to get involved in the community. Your branch manager is particularly interested in doing something for two...

=+ How do some of them single you out when you're the consumer?

=+7. Portray the brand's personality. Is it lively like T.G.I. Friday's restaurant chain? Convenient like an urgent-care center? Sophisticated like a champagne bar?

=+Are they Outer-Directed (seek to establish status and gain acceptance)? Or are they Needs-Driven (purchase only necessities at this time)?