A proposed new investment has projected sales of $515,000. Variable costs are 47 percent of sales, and fixed costs are $130,000; depreciation is $50,500. Prepare a pro forma income statement assuming a tax rate of 22 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:
A proposed new investment has projected sales of $515,000. Variable costs are 47 percent of sales,...
A proposed new investment has projected sales of $515,000. Variable costs are 40 percent of sales, and fixed costs are $134,500; depreciation is $52,750. Prepare a pro forma income statement assuming a tax rate of 21 percent. What is the projected net income? (Input all amounts as positive values. Do not round intermediate calculations.) Sales = Variable Cost = Fixed Cost = Depreciation = EBT = Taxes = Net Income =
4) A proposed new investment has projected sales of $515,000. Variable costs are 37 percent of sales, and fixed costs are $133,000; depreciation is $52,000. Prepare a pro forma income statement assuming a tax rate of 23 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
A proposed new investment has projected sales of $557,000. Variable costs are 39 percent of sales, and fixed costs are $131,000; depreciation is $51,000. Prepare a pro forma income statement assuming a tax rate of 24 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
A proposed new investment has projected sales of $592,000. Variable costs are 41 percent of sales, and fixed costs are $135,000; depreciation is $53,000. Prepare a pro forma income statement assuming a tax rate of 22 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=
Problem 10-3 Calculating Projected Net Income [LO1] A proposed new investment has projected sales of $550,000. Variable costs are 40 percent of sales, and fixed costs are $130,500; depreciation is $50,750. Prepare a pro forma income statement assuming a tax rate of 23 percent. What is the projected net income? (Input all amounts as positive values. Do not round intermediate calculations.)
A proposed new investment has projected sales of $695,000. Variable costs are 35 percent of sales, and fixed costs are $204,000; depreciation is $95,000. Assume a tax rate of 22 percent. What is the projected net income? (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) Net income
A proposed new investment has projected sales of $720,000. Variable costs are 40 percent of sales, and fixed costs are $219,000; depreciation is $100,000. Assume a tax rate of 22 percent. What is the projected net income? (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.)
A proposed new investment has projected sales of $645,000. Variable costs are 36 percent of sales, and fixed costs are $174,000; depreciation is $85,000. Assume a tax rate of 22 percent. What is the projected net income?
A proposed new investment has projected sales of $635,000. Variable costs are 40 percent of sales, and fixed costs are $168,000; depreciation is $83,000. Assume a tax rate of 23 percent. What is the projected net income? (Do not round intermediate calculations.) Net income
A proposed new investment has projected sales of $635,000. Variable costs are 40 percent of sales, and fixed costs are $168,000; depreciation is $83,000. Assume a tax rate of 23 percent. What is the projected net income? (Do not round intermediate calculations.) Net income