Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

help on part B Proforma income statement Themeng department of Metro Manilang emas halt 2001. gada dende urva 2020. Marina Matatumg's comment for the year

image text in transcribed help on part B
image text in transcribed
Proforma income statement Themeng department of Metro Manilang emas halt 2001. gada dende urva 2020. Marina Matatumg's comment for the year west December 31, 2015. Ingen wong with the content Un percent of and to prepare a profon income watement for the younded December 31, 2000 b. Usefed and variatico data to develop a proforma income alement for the yow ended December 2000 c. Compare and contri e statements owwwoped in parts, and which statement rely on the better extent of 2000 roome? Explan way Metrtine Manufacturing, Inc. for the Year Ended December 31, 2070 Data Table (based on fixed and variabile contata 1.500.000 Less Cost of goods sold (For income Smet die on the con here onder to copy of the details Fixed cost 207.000 For Breakdown of Cols and Expenses alick on the icon order to copy ne consoles spreadsheet) Variable cost TT1210 50.1421 Gross profits 5 Metroline Manufacturing Metro Manilang Income Statement Breakdown of Costa and Eupena Les Operating expenses for the Year Ended December 31, 2019 Inte Foxed and Varie Campeni 37.000 Sains revenue Tiedepune 11.300.000 for the Year Ended December 11, 2010 Low Cost of goods sold 107.000 cost of good Variatie expense 12. 200 Gross profits S468.000 Pored.com 1207.000 115.000 Less Opering per Variable cool $ 700 DO Operating profits Operating pro 336.00 Total Blog Los rest experie 37000 Lessiner expense 37000 Operung expenses 5 Net profi boor taxes Net profits before tures $330 17.000 Fodepen Les Trade 40%) 135.000 Vaness Low To Net profits for taxes $203 400 Tales $112.000 Net profits anternes 5 Less: Cash dividende 0.000 To retained earrings $137400 Low Cashvidende To retained $ caring Pont Done Enter any number in the son fields and then click Check Answer no Clear part remaining Proforma Income statement the marketing department of Merlin Manufacturing states that is in 2000 will be $156 milioniert espected to main charged and form 100 dividends during 2020. Metroline Manufacturing's income water for the year and December 31, 2019. igen sorg with a breakdown of the forms of good sound operating perse thered and we comporte Use the percent of method to prepare a proforma income statement for your ended December 31, 2020 b. Use fred and variable cont data to develop a proforma income statement to your ended December 31, 2020 Comowe autoroute statement des para and b. Which wiatement probably provides the better antimate of 2020 come? Expn why Metroline Manchuring, Inc for the Year Ended December 31, 2020 Data Table based on red and variable cont data) 1.000.000 Lofgood cond For Income Set on the one onder to the contents of the data with con 207.000 For redion of Couts and solck on the con here in order to copy the content of the Variable cost radhet) Cross profite 5 Metroline Manufacturing Metroline Manufacturing Income Statement Loss Orange Breakdown of Costs and Expen for the Year Ended December 21, 2018 into Fixed and Variable Componente Fedexpense Bis revenue $1.300,000 for the Year Ended December 31, 2013 Variable expense Less: Cost of goods sold 907.000 Cost of goods sold Gross profits $180.000 Feed.com 5207 000 Operating profita 5 Loss Operating expenses 113.000 Variable cost 700.000 Interest expense Operating profit BOOT 000 $376.000 Total cost Los interest ospense 37.000 Operating pres Net profes before taxes $ Net profits before tas $530,000 Fand expenses $37.000 Les Takes Less: Taxes 40) 135.600 Variable experts TE DOO Net profits after taxes 5203,400 Total experts 5113.000 Net profits after times $ Les Cash dividends 66.000 Les Cash dividends To retained earning $137 400 To retained coming Done Enter any number in the edited and then click Check Answer Print

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

The Political Economy Of Chinese Finance

Authors: J. Jay Choi , Michael R. Powers , Xiaotian Tina Zhang

1st Edition

1785609580,1785609572

More Books

Students also viewed these Finance questions