Provide a pro-forma income statement for six years

Assignment Help Financial Accounting
Reference no: EM132938488

Question - Provide a pro-forma income statement for six years the following: Sales = 5,750,000 with 5% annual growth. Up-front cost of $2,250,000 deperciated over 6 years with zero salvage value. Rent is $145,000 per year. Salaries = 25% sales and operating expenses = 40% sales. Capatial structure 30% debt, 70% equity. Debt interest rate = 7.2% and the cost of equity to share holders is 15%. Tax rate =35%. Discount rate =4%.

Reference no: EM132938488

Questions Cloud

How APB account for its oil palm plantation in Melaka : APB estimated that the commission to dealers is about RM1,500. Explain how APB account for its oil palm plantation in Melaka
Types of equity comparisons : In the context of rewarding human resources, what types of equity comparisons are relevant for making pay decisions?
Solve project npv using discount rate of five percent : The project would require an initial cash outlay of ?$5,500,000 and would generate annual net, Calculate the? project's NPV using a discount rate of 5 percent.
Discuss the criminal liability for party for crimes : On July 1, Gomer, Floyd, and Otis agree to rob the Bank of Mayberry. The next day, July 2, unknown to Otis, Gomer steals some guns from Barney's house to use in
Provide a pro-forma income statement for six years : Provide a pro-forma income statement for six years the following: Sales = 5,750,000 with 5% annual growth. Up-front cost of $2,250,000 deperciated over 6 years
Values of a human rights approach to disability : According to Connolly and Ward, why is it important for a rights-supportive approach to disability practice?
Outline two different strategies that adam could follow : Adam thinks that any sell-off, Outline 2 different strategies that Adam could follow and explain the advantages and disadvantages of each strategy.
Support the strategic goals of the organisation : The purpose of work is to achieve specific objectives and goals and to support the strategic goals of the organisation.
What amount should Carla Vista report as research : Start-up costs incurred when opening a new plant 147000. What amount should Carla Vista report as research & development expense in 2021

Reviews

Write a Review

Financial Accounting Questions & Answers

  Financial statement analysis and preparation

Financial Statement Analysis and Preparation

  Shareholder of a company

Describe the ways that a person can become a shareholder of a company. Why Wal-Mart would split its stock?

  Financial and accounting principles

An understanding of financial and accounting principles can be a valuable tool for managers. While not all managers will find themselves calculating financial ratios or preparing annual financial data.

  Prepare a statement of cash flow using the direct method

Prepare a Statement of Cash Flow using the Direct Method and Prepare the Operations section of the Statement of Cash Flow using the Indirect Method.

  Financial accounting assignment

This assignment has one case study and two question apart from case study. Questions related to document Liquidation question and Company financial statements question - Torquay Limited

  Prepare general journal entries for goela

Prepare general journal entries for Goela Ltd

  Principles of financial accounting

Prepare the journal entry to record the acquisition of the assets.

  Prepare general journal entries to record the transactions

Prepare general journal entries to record the transactions, assuming use of the periodic inventory system

  Global reporting initiative

Compare the view espoused by the economist Milton Friedman about the social responsibilities of business with the views express by Stigler.

  Explain the iasb conceptual frameworks

Explain the IASB Conceptual Framework's perspective of users and their decisions.

  Determine the company''s financial statements

T he focus of the report is to determine the extent to which you are comfortable relying on the financial statements as presented by management .

  Computation of free cash flow

Computation of Free Cash Flow

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd