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Prepare a single-step pro forma income statement

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Reference no: EM131802511

Question - 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.

Calculate 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.

Reference no: EM131802511

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