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Your pro forma income statement shows sales of $977,000, cost of goods sold as $494,000, depreciation expense of $99,000, and taxes of $96,000 due to
Your pro forma income statement shows sales of
$977,000,
cost of goods sold as
$494,000,
depreciation expense of
$99,000,
and taxes of
$96,000
due to a tax rate of
25%.
What are your pro forma earnings? What is your pro forma free cash flow?
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