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Can someone help me solve this problem? Your pro forma income statement shows sales of $1,000,000, cost of goods sold as $500,000, depreciation expense of
Can someone help me solve this problem?
Your pro forma income statement shows sales of $1,000,000, cost of goods sold as $500,000, depreciation expense of $100,000, and taxes of $100,000 due to a tax rate of 25%. What are your pro formaearnings? What is your pro forma free cashflow?
Complete the pro forma income statementbelow:(Round to the nearestdollar.)
Sales | $ | |
Cost of Goods Sold | $ | |
Gross Profit | $ | |
Depreciation | $ | |
EBIT | $ | |
Taxes (25%) | $ | |
Earnings | $ |
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