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. Your pro forma income statement shows sales of $986,000, cost of goods sold as $494,000, depreciation expense of $100,000, and taxes of $98,000 due
Your pro forma income statement shows sales of $986,000, cost of goods sold as $494,000, depreciation expense of $100,000, and taxes of $98,000 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 $ EA $ SA GA $ ...
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