The following information is available for Silbermond Company Assume a tax rate of 30 Prepare a pro forma income statement for the coming year forSilbermond Beginning finished goods inventory S Ending finished goods inventory Interest expense Selling and administrative expenses S1,500,000 300,000 2...

Silbermond Company ProForma Income Statement For the Coming Ye ...

The following information is available for Silbermond Company: Assume a tax rate of 30%. Prepare a pro-forma

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The following information is available for Silbermond Company:

Beginning finished goods inventory. S Ending finished goods inventory Interest expense Selling and administrative expens

Assume a tax rate of 30%. Prepare a pro-forma income statement for the coming year forSilbermond.

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Accounting concepts and applications

ISBN: 978-0538745482

11th Edition

Authors: Albrecht Stice, Stice Swain

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Question Posted: Dec 28, 2011 03:27 AM

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The following information is available for Silbermond Company: Assume a tax rate of 30%. Prepare a pro-forma

Question:

Beginning finished goods inventory. S Ending finished goods inventory Interest expense Selling and administrative expenses S1,500,000 300,000 200,000 Sales revenue 55,000 Direct materials used. 28,000 Direct labor. 369,000 Manufacturing overhead. 125,000

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