Question
A proposed new investment has projected sales of $710,000. Variable costs are 65 percent of sales, and fixed costs are $160,000; depreciation is $61,000. Prepare
A proposed new investment has projected sales of $710,000. Variable costs are 65 percent of sales, and fixed costs are $160,000; depreciation is $61,000. Prepare a pro forma income statement assuming a tax rate of 34 percent. What is the projected net income? (Input all amounts as positive values.)
| Sales | $ |
| Variable costs | |
| Fixed costs | |
| Depreciation | |
| EBT | $ |
| Taxes | |
| Net income | $ |
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Bond Markets Analysis And Strategies
Authors: Frank J. Fabozzi
4th Edition
0130402664, 9780130402660
