1. Construct a pro forma income statement for the first year and second

$7.00

Description

1. 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.

Reviews

There are no reviews yet.

Be the first to review “1. Construct a pro forma income statement for the first year and second”

Your email address will not be published. Required fields are marked *