Your pro-forma income statement shows sales of $1,000,000, cost of goods sold as $500,000, depreciation expense of

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Your pro-forma income statement shows sales of $1,000,000, cost of goods sold as $500,000, depreciation expense of $100,000, and taxes of $160,000 due to a tax rate of 40%. What are your pro-forma earnings? What is your pro-forma free cash flow?

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Fundamentals of Corporate Finance

ISBN: 978-0132148238

2nd edition

Authors: Berk, DeMarzo, Harford

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Question Posted: Jan 14, 2012 02:10 AM

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Your pro-forma income statement shows sales of $1,000,000, cost of goods sold as $500,000, depreciation expense of

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Fundamentals of Corporate Finance

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