14) (8 pts) You have forecasted the following Pro Forma Income statement for Zzz Co for 2018. Revenues (Sales) Cost of Goods Sold $690 mil ($400 mil) $290 mil Gross Profit- Selling Gen Admin Expenses ($100 mil) $190 mil EBIT (Operating Income) ($50 mil) $140 mil Interest EBT Taxes = ($38 mil) 2 $102 mil Net income = Nys. a) What is your forecast for Gross Profit Margins in 20187 Gross Profit Margins what is your forecast for Operating Margins in 2018? Operating Margin =27.5 % If you estimate that the company will have 15 million shares outstanding in 2018, what is your estimate for Earnings Per Share in 2018? b) c) EPS (2018) lo If you believe ZZZ will sell at a P/E multiple of 23 at the end of 2018, what is your estimate of the selling price of ZZZ at the end of 2018? d)