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( Using common - size financial statements ) The S&H Construction Company expects to have total sales next year totaling $ 1 5 , 4
Using commonsize financial statements The S&H Construction Company expects to have total sales next year totaling $ In addition, the firm pays taxes at percent and will owe $ in interest expense. Based on last year's operations the firm's management predicts that its cost of goods sold will be percent of sales and operating expenses will total percent. What is your estimate of the firm's net income after taxes for the coming year?
Complete the proforma income statement below. Round to the nearest dollar.
ProForma Income Statement
tableSales$
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