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Q6: With the following information for the projected year 2022, prepare a Pro-forma Income Statement for the year ending December 31, 2022, and then, calculate
Q6: With the following information for the projected year 2022, prepare a Pro-forma Income Statement for the year ending December 31, 2022, and then, calculate CompuTechs (a) income before taxes, (b) contribution margin, and (c) PV ratio.
RM Purchases: $205,000
Sales Salaries: 60,000
Travel: 3,000
Advertising: 5,000
Admin Salaries: 38,000
Revenue: 420,000
Depreciation: 40,000
Office leasing: 7,000
Finance Costs: 14,000
Income Taxes: 13,000
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