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Create a projected income statement for 2015 by applying These guidelines: Assume 2015 -avenues will be $600,000. Assume 2015 Cost of Goods Sold and Operating
Create a projected income statement for 2015 by applying These guidelines: Assume 2015 -avenues will be $600,000. Assume 2015 Cost of Goods Sold and Operating Expenses will be the same percentages of 2015 revenues as 2014 actual expenses. Interest Expense for 2015 is provided in the table below. Assume 2015 Income Taxes will be the same percentage of Earnings Before Taxes as 2014. Applying the guidelines provided above to the following Table, what should be the net income for 2015
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