3. Pro Forma Income Statements (LO4, CFA2) Prepare a pro forma income statement for Paul Bunyan Lumber
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3. Pro Forma Income Statements (LO4, CFA2) Prepare a pro forma income statement for Paul Bunyan Lumber Co. assuming a 5 percent increase in sales. Based only on the pro forma income statement, what is the projected stock price? (Hint: What is the price-earnings ratio?)
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Related Book For 
Fundamentals Of Investments Valuation And Management
ISBN: 9781260013979
9th Edition
Authors: Bradford Jordan, Thomas Miller, Steve Dolvin
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