Income Statement Balance Sheet
sales $800 Assests $2,400 Debt $1,500
Costs $200 Equity $900
EBIT $600 Total $2,400 Total $2,400
Net Income $550
Assests and cost are proportianl to sales. Debt is not. A dividend of 341 will be paid next year. Next year sales are projected to be $920.
Use the data in the problem above but use the Pro Forma method to calculate.
This question was asked on Apr 10, 2011 and answered on Apr 11, 2011.
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