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Your pro forma income statement shows sales of $1,008,000, cost of goods sold as $491,000, depreciation expense of $101,
Posted: Thu May 05, 2022 7:49 am
by answerhappygod
- Your Pro Forma Income Statement Shows Sales Of 1 008 000 Cost Of Goods Sold As 491 000 Depreciation Expense Of 101 1 (39.44 KiB) Viewed 37 times
Your pro forma income statement shows sales of $1,008,000, cost of goods sold as $491,000, depreciation expense of $101,000, and taxes of $166,400 due to a tax rate of 40%. What are your pro forma earnings? What is your pro forma free cash flow? Complete the pro forma income statement below: (Round to the nearest dollar.) Sales Cost of Goods Sold $ Gross Profit Depreciation EBIT Taxes (40%) Earnings $ $ $ $