A proposed new investment has projected sales of $685,000, Variable costs are 44% of sales,...
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Accounting
A proposed new investment has projected sales of $685,000, Variable costs are 44% of sales, and Fixed Costs are $193,000, depreciation is $54,000. Prepare a pro-forma income statement assuming a tax rate of 34%. What is the projected EBITDA, what is NET INCOME and OPERATING CASH FLOW
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