Prepare a single-step pro forma income statement for calcor, Ask an Expert

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Prepare a single-step pro forma income statement for Calcor Company for the year ended November 30, 2009, assuming that Calcor's planned actions would be carried out, and that a 5% increase in unit sales would be realized.

find out the following ratios for Calcor Company for the 2008-2009 fiscal year: ?Return on sales before interest and taxes.

Turnover of average assets.
Return on average assets before interest and taxes.

Based on the ratio calculations, discuss whether or not Kuhn's goals would be achieved.

Discuss whether or not it would be possible for Calcor Company to achieve the first two of Kuhn's goals without achieving his third goal of 30% return on average assets before interest.

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M962211

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