Calculating projected net income a proposed new investment, Financial Management

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Calculating projected net income a proposed new investment

Calculating Projected Net Income. A proposed new investment has projected sales of $825,000. Variable costs are 55% of sales, and fixed costs are $187,150; depreciation is $91,000. Prepare a pro forma income Statement assuming a tax rate of 35%. What is the projected net income?

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Financial Management: Calculating projected net income a proposed new investment

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Financial Management: Calculating projected net income a proposed new investment

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