3. 3. Calculating projected profit for the year [LO 10.1] A proposed new investment has projected sales

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3. 3.

Calculating projected profit for the year [LO 10.1] A proposed new investment has projected sales of $585 000. Variable costs are 44 per cent of sales and fixed costs are $187 000; depreciation is $51 000.

Prepare a pro forma statement of profit or loss assuming a tax rate of 30 per cent. What is the projected profit for the year?

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Fundamentals Of Corporate Finance

ISBN: 9781743768051

8th Edition

Authors: Stephen A. Ross, Rowan Trayler, Charles Koh, Gerhard Hambusch, Kristoffer Glover, Randolph W. Westerfield, Bradford D. Jordan

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Question Posted: Oct 03, 2024 04:03 AM

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3. 3. Calculating projected profit for the year [LO 10.1] A proposed new investment has projected sales

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Fundamentals Of Corporate Finance

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