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Your pro forma income statement shows sales of $1,025,000, cost of goods sold as $489,000, depreciation expense of $103,000, and taxes of $108,250 due
Your pro forma income statement shows sales of $1,025,000, cost of goods sold as $489,000, depreciation expense of $103,000, and taxes of $108,250 due to a tax rate of 25%. What are your pro forma earnings? What is your pro forma free cash flow? Complete the pro forma income statement below: (Round to the nearest dollar.) Sales Cost of Goods Sold Gross Profit Depreciation EBIT Taxes (25%) Earnings $ $ $ $ $ GA $ The pro forma free cash flow will be $ (Round to the nearest dollar.)
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