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17-4: Pro Forma Income Statement Austin Grocers recently reported the following 2015 income statement (in millions of dollars): Sales $700 Operating costs Including Depreciation 500
17-4: Pro Forma Income Statement Austin Grocers recently reported the following 2015 income statement (in millions of dollars):
Sales $700
Operating costs Including Depreciation 500
EBIT $200
Interest 40
EBT $160
Taxes (40%) 64
Net Income $96
Dividends $32
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