Question: Pro forma income statement. Given the income statement in the popwow, 734% for 2014, prepare a pro forma income statement for 2014 for California Cement





Pro forma income statement. Given the income statement in the popwow, 734% for 2014, prepare a pro forma income statement for 2014 for California Cement Company for 2013 and an expected sales growth rate of First, find the percentage of each income statement line from 2013 as a percent of sales. (Round to three decimal places.) California Cement Company Income Statement for 2013 22,893,000 Sales revenue Cost of goods sold Selling, general, and administrative expenses Depreciation expenses EBIT Interest expense Taxable income Taxes Net income $ -11,645,000 S $1,397,000 $ 5,921,000 -3,930,000! 171,000 1% $ 5,750,000 S -2,519,912 $ 3,230,088 |% What is the sales forecast for 2014? Enter any number in the edit fields and then continue to the next
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