Question;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..
Paper#49478 | Written in 18-Jul-2015Price : $18