If a pro forma income statement has 5% for the net income line, what does this mean

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If a pro forma income statement has 5% for the net income line, what does this mean in terms of a company's total sales and per dollar sales?

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Financial Management Core Concepts

ISBN: 978-0133866698

3rd edition

Authors: Raymond M Brooks

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Question Posted: Oct 31, 2017 08:20 AM

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If a pro forma income statement has 5% for the net income line, what does this mean

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A 5 net income from a pro forma income statement means that for ev...View the full answer

Financial Management Core Concepts

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