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What is the projected net income

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A proposed new investment has projected sales of $730,000. Variable costs are 55 percent of sales, and fixed costs are $162,000; depreciation is $63,000. Make a pro forma income statement assuming a tax rate of 35 percent. What is the projected net income? 

Sales     Variable costs    Fixed costs    Depreciation     EBT     Taxes     Net income

Reference no: EM131817370

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