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Your pro forma income statement shows sales of $958,000, cost of goods sold as $522,000, depreciation expense of $103,000, and taxes of $133, 200 due
Your pro forma income statement shows sales of $958,000, cost of goods sold as $522,000, depreciation expense of $103,000, and taxes of $133, 200 due to a tax rate of 40%. 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.) The pro forma free cash flow will be $ (Round to the nearest dollar.)
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