Part II Answer the following problem: Income Statement Robinson Manufacturing Company For the Year Ended...
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Part II Answer the following problem: Income Statement Robinson Manufacturing Company For the Year Ended December 31, 2018 Robinson Manufacturing estimates its sales in 2019 will be $3 million. Interest expense is expected to remain unchanged at $70,000, and the firm plans to pay cash dividends of $140,000 during 2019 . Use the percent-of-sales method to prepare a pro forma income statement shown above
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