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NEED IT ASAP !!! You are evaluating a new product. In year 3 of your analysis, you are projecting pro forma sales of S4,1 million
NEED IT ASAP !!!
You are evaluating a new product. In year 3 of your analysis, you are projecting pro forma sales of S4,1 million and cost of goods sold of $2.46 million. You will be depreciating a $1 million machine for 5 years using straight-line depreciation. Your tax rate is 33%. Finally, you expect working capital to increase from $200,000 in year 2 to $305,000 in year 3. What are your pro forma earnings for year 3? What are your pro forma free cash flows for year 3? Complete the following pro forma statement. (Round to the nearest dollar.) Pro Forma Year 3 Sales COGS Depreciation EBIT Tax ni Earnings Depreciation Net Working Capital Free cash flows Step by Step Solution
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