Construct a pro forma income statement for the first year and second year for the following assumptions: Units of Sales in Year 1: 110,000
1. Construct a pro forma income statement for the first year and second year for the following assumptions: Units of Sales in Year 1: 110,000 Price per Unit: $11 Variable cost per unit: 30% Fixed Costs: $125,000 Income taxes: 15% Interest Expense: $200,000 In year 2, Price per unit increases to $11.50, and unit of […]


