Provide a pro-forma income statement for six years

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Question - Please 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: EM132940917

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