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Problem: Proforma Statements: Prepare a common size income statement given the following information: Revenues = $100,000 COGS = $43,000 SG&A = $22,000 Depreciation = $10,000

Problem: Proforma Statements:

Prepare a common size income statement given the following information:

Revenues = $100,000

COGS = $43,000

SG&A = $22,000

Depreciation = $10,000

Interest Owed = $5,000

Tax Rate = 40%

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