Question
Calculate the pro forma after-tax profit for next year based on the data below. Results for last year Projections for next year Sales $100,000 10%
Calculate the pro forma after-tax profit for next year based on the data below.
| Results for last year | Projections for next year | |||
| | | |||
| Sales | $100,000 | 10% increase | ||
| Variable cost | $60,000 | 10% increase | ||
| Salaries | $15,000 | 5% increase | ||
| Other expenses | $5,000 | 20% increase | ||
| Income tax rate | 30% | No change |
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A.$15,000
-
B.$16,100
-
C.$18,200
-
D.$15,575
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Managerial Accounting
Authors: John Wild
1st Edition
0073403989, 978-0073403984
