A proposed new investment has projected sales of 900000

Reference no: EM13569275

A proposed new investment has projected sales of $900,000. Variable costs are 48% of sales, and fixes costs are $150,000, depreciation is $85,000. Prepare a pro forma income statement assuming a tax rate of 35%. What is the projected net income?

Reference no: EM13569275

Questions Cloud

Prepare an annotated bibliography for the sources in crisis : prepare an annotated bibliography for the sources in crisis management paper. include the following informationwrite a

Assume a company is formed with 100 of equity capital all : assume a company is formed with 100 of equity capital all of which is immediately invested in working capital.

Gianna tuck is an accountant for post pharmaceuticals her : gianna tuck is an accountant for post pharmaceuticals. her duties include tracking research and development spending in

The office products division has an opportunity to add a : billings company is a decentralized wholesaler with five autonomous divisions. the divisions are evaluated on the basis

A proposed new investment has projected sales of 900000 : a proposed new investment has projected sales of 900000. variable costs are 48 of sales and fixes costs are 150000

Prepare a 1400- to 1500-word planning and threat assessment : present the following scenarioyour client is a man in his 40s. he is confined to a wheelchair and requires attendance

Project m costs 60000 its expected cash inflows are 13500 : project m costs 60000 its expected cash inflows are 13500 per year for 7 years and its required return is 14. what is

You want to purchase a new car in 10 months if you place : dr. getacheck wants to make sure that in 10 years his daughter will have 50000 for college upon highschool graduation.

The cpa firm of carson amp boggs llp is performing an : the cpa firm of carson amp boggs llp is performing an internal control audit in accordance with pcaob standard no.the

User Account

All Pages

A proposed new investment has projected sales of 900000

Reference no: EM13569275

Reference no: EM13569275

Questions Cloud

Reviews

Write a Review

Accounting Basics Questions & Answers

On january 1 2009 carlin corporation issued 2400000 of

Regulatory process over accounting and finance

Acct ethics & related reg issue

There was no gain or loss on the sales of the long-term

Estimated overhead for upcoming year is 776000 budgeted

Explain the three main components of stl explain the

An investor is considering starting a new business the

What types of stocks do you think youd be most interested

Dividends received by the common stockholders

What are the total period costs incurred this period

Individual tax return under given assumptions

Overhead account-generally eliminated by adjusting

Assured A++ Grade

Academics

Major Subjects

Majors

Get In Touch

TERMS & POLICIES

HELP & SUPPORT