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Posted on Jun 28, 2024

I need help creating a Pro Forma Income Statement. Sales. $33500, COGS 18970, Depreciation 1980, EBIT 12550, Int 486, EBT 12064, Taxes 4222, NI 7842.

Int. Paid tax rate is (35%). If the dividend payout is 50%, what is the firm payout in dividends?

I did one, the Professor told me to recheck because my numbers were wrong.

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