A proposed new investment has projected sales of $635,000, 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

Managerial Accounting
15th Edition
ISBN:9781337912020
Author:Carl Warren, Ph.d. Cma William B. Tayler
Publisher:Carl Warren, Ph.d. Cma William B. Tayler
Chapter12: Capital Investment Analysis
Section: Chapter Questions
Problem 1CMA
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A proposed new investment has projected sales of $635,000, 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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