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Pro forma. You are a financial analyst that has been hired to forecast the possible funding need for a company based on its financial information

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Pro forma. You are a financial analyst that has been hired to forecast the possible funding need for a company based on its financial information and future plans. You know that the net property, plant, and equipment at the end of 2018 was $25,000K and it currently equals $30,000K. Long-term debt at the end of 2018 You assumed that sales will decreased by 10 percent. Given the company's recent income statement, you constructed the pro forma below: Proforma Ratio assumptions (30000 0.9) 27000 18000 3600 Net Income Statement, Fiscal Year End 2019 (in thousands of S) Sales 30000 Cost of Goods Sold 20000 Depreciation 3000 EBIT 7000 Interest Expense 1200 Pre-Tax Income 5800 Tax 870 Net Income 4930 PPE 2018 - 25,000 PPE 2019 - 30,000 LT DEBT 2018 - 15.000 LT DEBT 2019 - 17.000 5400 1360 4040 605 3414 a Report the ratios for the Cost of Goods Sold, Depreciation, Interest Expense, and Tax that you used to construct the pro-forma net income statement for fiscal year end 2020

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