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Please help!! :) Prepare a proforma balance sheet and income statement for Apple Inc - year 2015. Use 10 percent as the growth rate and
Please help!! :)
Prepare a proforma balance sheet and income statement for Apple Inc - year 2015. Use 10 percent as the growth rate and calculate EFN using percentage of sales approach.
Period Ending Total Revenue Cost of Revenue Gross Profit Sep 26, 2015 233,715,000 140,089,000 93,626,000 eratin Research Development Selling General and Administrative Non Recurring Others Total Operating Expenses enses 8,067,000 14,329,000 Operating Income or Loss 71,230,000 Income from Continuing Operations Total Other Income/Expenses Net Earnings Before Interest And Taxes Interest Expense Income Before Tax Income Tax Expense Minority Interest Net Income From Continuing Ops 1,285,000 72,515,000 72,515,000 19,121,000 53,394,000 Events on-recurr Discontinued Operations Extraordinary Items Effect Of Accounting Changes Other Items Net Income Preferred Stock And Other Adjustments Net Income Applicable To Common Shares 53,394,000 53,394,000
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