A proposed new investment has projected sales of 830000, Ask an Expert

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A proposed new investment has projected sales of $830,000. Variable costs are 65 percent of sales, and fixed costs are $172,000; depreciation is $73,000. Prepare a pro forma income statement assuming a tax rate of 34 percent. What is the projected net income? (Input all amounts as positive values. Do not round intermediate calculations.) Sales $ Variable costs Fixed costs Depreciation EBT $ Taxes Net income $

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Financial Management, Finance

Category:- Financial Management
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