A proposed new investment has projected sales of 635000
A proposed new investment has projected sales of $635,000. Variable costs are 44% of sales and fixed costs are $193,000, depreciation is $54,000. Prepare a pro forma income statement assuming a tax rate of 35%. What is the projected net income?
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a proposed new investment has projected sales of 635000 variable costs are 44 of sales and fixed costs are 193000
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