Pro-forma income statement

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Reference no: EM1311092

Pro forma income statement.

Assuming that Reed's can improve its operations to be in line with the industry averages, construct a 1995 pro forma income statement. Assume that net sales will be reduced 5 percent to $1,938,000 but that depreciation and amortization will not change but remain at $32,000.

Reference no: EM1311092

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