QuickHelper

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    Phoniex
    Jul-2007 - Jun-2012

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Category > Business & Finance Posted 07 Jun 2017 My Price 14.00

Construct a pro forma income

Question description

 

 

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

•Units of Sales in Year 1: 100,000.

•Price per Unit: $10.

•Variable cost per unit: 30%.

•Fixed Costs: $120,000.

•Income taxes: 15%.

•Interest Expense: $200,000.

•In year 2, Price per unit increases to $11.50, and unit of sales increases by 3%, all other assumptions remain the same

Answers

QuickHelper
(10)
Status NEW Posted 07 Jun 2017 08:06 PM My Price 14.00

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