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7.Fill in the missing values of the pro forma income statement for 2016. Sales will incre by 25 percent and the dividend payouts will increase

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7.Fill in the missing values of the pro forma income statement for 2016. Sales will incre by 25 percent and the dividend payouts will increase from 40 percent to 55 percent. Variable costs will be 5 percentage points less than the original percentage of sales 2016 Sales Variable Costs Fixed Costs Net Income Dividends 2015 1,000 500 160 340 136

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