Calculating Projected Net Income A proposed new investment has projected sales of 830,000. Variable costs are 60

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Calculating Projected Net Income A proposed new investment has projected sales of £830,000. Variable costs are 60 per cent of sales, and fixed costs are £181,000;

depreciation is £77,000. Prepare a pro forma income statement assuming a tax rate of 28 per cent. What is the projected net income?

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Fundamentals Of Corporate Finance

ISBN: 9780077178239

3rd Edition

Authors: David Hillier, Iain Clacher, Stephen A. Ross

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Question Posted: Jul 08, 2024 02:09 AM

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Calculating Projected Net Income A proposed new investment has projected sales of 830,000. Variable costs are 60

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Fundamentals Of Corporate Finance

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