Maurice Tutor

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    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

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    Phoniex University
    Oct-2001 - Nov-2016

Category > Accounting Posted 21 Aug 2017 My Price 4.00

pro forma

Construct a pro forma income statement for the first year and second year for the following assumptions:

 

• Units of Sales in Year 1: 110,000 .

 

•Price per Unit: $11 .

 

•Variable cost per unit: 30% .

 

•Fixed Costs: $125,000 .

 

•Income taxes: 15% .

 

•Interest Expense: $200,000 .

•In year 2, Price per unit increases to $11.50, and unit of sales increases by 5%, all other assumptions remain the same.

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Maurice Tutor
(5)
Status NEW Posted 21 Aug 2017 12:08 PM My Price 4.00

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