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Construct a pro forma income statement for the fir...

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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#8792 | Written in 18-Jul-2015

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