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Business, 01.12.2021 03:00 sbanoali6120

A proposed new investment has projected sales of $606,000. Variable costs are 44 percent of sales, and fixed costs are $136,500; depreciation is $53,750. Prepare a pro forma income statement assuming a tax rate of 25 percent. What is the projected net income

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A proposed new investment has projected sales of $606,000. Variable costs are 44 percent of sales, a...
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