1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
-Dominant- [34]
3 years ago
11

A proposed new investment has projected sales of $557,000. Variable costs are 39 percent of sales, and fixed costs are $131,000;

depreciation is $51,000. Prepare a pro forma income statement assuming a tax rate of 24 percent. What is the projected net income? (Input all amounts as positive values. Do not round intermediate calculations.)

Business
1 answer:
Lana71 [14]3 years ago
8 0

Answer

The answer and procedures of the exercise are attached in the following archives.

Explanation  

You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.  

You might be interested in
The EPA requires the use of precise forms called the
Musya8 [376]

Answer:

The correct answer is The EPA requires the use of precise forms called? It is a requirement for those working with or owners of transporters and generators of waste materials deemed hazardous to acquire an EPA form 8700-22 called the uniform hazardous waste manifest.

Explanation:

i hope this helps 229 999 0523

8 0
3 years ago
The First National Bank has total deposits of $675,000 and excess reserves of $22,300. If the required reserve ratio is 9 percen
Nookie1986 [14]

Answer: $83050

Explanation:

Based on the information given in the question, the total reserves of First National Bank will be given as follows:

Total deposit = $675000

The Required reserve ratio will be:

= 675000 × 9%

= 675000 × 9/100

= $60750

Since the bank has excess reserves of $22,300, then the total reserve will be:

= $60750 + $22300

= $83050

3 0
3 years ago
Incite co. has a 36 percent tax rate. its total interest payment for the year just ended was $35 million. what is the interest t
butalik [34]
<span>Tax shield is the saving in tax due to exemption of tax on interest expense = interest expense * tax rate = $35 million * 36% = $ 12.6 million</span>
4 0
3 years ago
Internationalization is the vision of creating one world unit, a single market entity.
Bess [88]
Iternationa;zation is the vision of creating one world unit a single market entity, b.
3 0
4 years ago
Should I still Go?
german
If the date of the appointment has been rescheduled, it's only logical not to show up on the day it was moved. Go to the appointment next week.
7 0
3 years ago
Read 2 more answers
Other questions:
  • Suppose a business can sell x gadgets for p(x)=250 - 0.01x dollars a piece, and it costs the business c(x) = 1,000 + 25x dollars
    15·2 answers
  • As the only clothes producer, you will not have _____. competition profits production costs
    11·2 answers
  • What is the horizontal rule in a customer service aspect?
    13·1 answer
  • For more and more businesses, computing is moving from PCs and desktop machines to tablets and smartphones. Managers are increas
    14·1 answer
  • An airport in Japan is planning to purchase a parcel of land for building additional executive hangars in five years. The price
    14·1 answer
  • Country A has great expertise in the production of planes and produces a large quantity of planes while country B has expertise
    12·1 answer
  • Robert became quite well-to-do as founder and president of Carlson Auto Paint and Supply, Inc. (CAPS). Now, he wants to start a
    15·1 answer
  • On December 31, 2020, Wildhorse Company had $1,211,000 of short-term debt in the form of notes payable due February 2, 2021. On
    8·1 answer
  • Nipigon manufacturing has a cost of debt of 9 %, a cost of equity of 11%, and a cost of preferred stock of 10%. nipigon currentl
    11·1 answer
  • - Why do so many people still sign up for overdraft protection when it is not always ?
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!