Wednesday
October 1, 2014

Homework Help: fiance

Posted by kimberly on Wednesday, August 25, 2010 at 4:33pm.

Use the following statistics from Robert Morris Associates' Annual Statement Studies to answer the following question(s).
Net sales 100.0 percent
Cost of sales 59.9 percent
Gross profit 40.1 percent
Operating expenses 31.2 percent
Net profit (before taxes) 8.9 percent

Using Anthony's target income of $23,000, construct a pro forma income statement for Anthony's proposed music shop.

Answer this Question

First Name:
School Subject:
Answer:

Related Questions

Business - Assume that you own a sandwich shop. In looking over last year's ...
business and finance - Use this information to calculate the following: Sales ...
Fundamentals of finance - "Genatron wants to estimate what will happen to its ...
Fundamentals of finance - "Genatron wants to estimate what will happen to its ...
accounting - I am trying to figure out the cost of merchandise destroyed on Feb...
accounting - ER Medical Supplies had sales of 2,000 units at $160 per unit last ...
accounting - On October 31, a flood at Payne Company’s only warehouse caused ...
ALGEBRA - HELP PLZ !!!! - 2. The break even values for a profit model are the ...
accounting - Les Fleurs, a boutique in Paris, France, had the following accounts...
Finance - ER Medical Supplies had sales of 2,000 units at $160 per unit last ...

Search
Members