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A proposed new investment has projected sales of $740,000. Variable costs are 60% of sales, and fixed costs are $173,000; depreciation is $75,000. Prepare a
A proposed new investment has projected sales of $740,000. Variable costs are 60% of sales, and fixed costs are $173,000; depreciation is $75,000. Prepare a pro forma income statement assuming a tax rate of 35%. What is the projected net income
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Financial Modeling
Authors: Simon Benninga
4th Edition
0262027283, 9780262027281
