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Your pro forma income statement shows sales of $981,000, cost of goods sold as $523,000, depreciation expense of $102,000, and taxes of $89,000 due to
Your pro forma income statement shows sales of $981,000, cost of goods sold as $523,000, depreciation expense of $102,000, and taxes of $89,000 due to a tax rate of 25% What are your pro forma earnings? What is your pro forma free cash flow? I. Complete the pro forma income statement below (Round to the nearest dollar.) Sales S Cost of Goods Sold Gross Profit S Depreciation S EBIT S Taxes (25%) S Earnings
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