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: 25%.;?Fixed Costs: $129,000.;?Income taxes: 20%.;?Interest Expense: $170,000.;?In year 2, Price per unit increases to $13.50, and unit of sales increases by 4%, all other assumptions remain the same..
Paper#76732 | Written in 18-Jul-2015Price : $22