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Svet Help Save & Exit Su Check my w Consider the following statement of comprehensive income for the Dartmoor Corporation: DARTHOOR CORPORATION Statement of comprehensive
Svet Help Save & Exit Su Check my w Consider the following statement of comprehensive income for the Dartmoor Corporation: DARTHOOR CORPORATION Statement of comprehensive Income Sales Costs Taxable income Taxes (34%) Net income Dividends $2,500 Addition to retained earnings 7.862 $47,000 31,300 $15.700 5,338 $10,362 A 20% growth rate in sales is projected Prepare a pro forma statement of comprehensive income assuming casts vary with sales and the dividend payout ratio is constant. (Do not round intermediate calculations. Input all amounts as positive values. Round the final enswers to 2 decimal places. Omit$ sign in your response.) DARTMOOR CORPORATION Pro Forma Statement of Comprehensive Income Sales $ Costs Taxable income Taxes Net Income $10,162 Net Income Dividends Addition to retained earnings 12.50 2,062 10 points A 20% growth rate in sales is projected, Prepare a pro forma statement of comprehensive income assuming costs vary with sales and the dividend payout ratio is constant (Do not round intermediate calculations. Input all amounts as positive values, Round the final answers to 2 decimal places. Omits sign in your response.) References DATOR CORPORATION Profon Statement of comprehensive Income Sales $ Costs Taxable income 5 Taxes et income $ I What is the projected addition to retained earnings (Round the final answer to 2 decimal places, Omit sign in your response) Retained earnings 5
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