Question
Your proforma income statement shows sales of $ 1 , 0 0 0 , 0 0 0 , cost of goods sold as $ 5
Your proforma income statement shows sales of $1,000,000,cost of goods sold as $500,000,depreciation expense of $100,000,and taxes of $160,000due to a tax rate of 40%. What are your proformaearnings? What is your proforma free cashflow?
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International Business The Challenges Of Globalization
Authors: John J. Wild, Kenneth L. Wild
9th Edition
0134729226, 978-0134729220
