You have the following income statement data: $960 Sales Cost of goods sold (Depreciation not included)...
You have the following income statement data: Sales Cost of goods sold (Depreciation not included) Depreciation Interest expense Tax rate $900 $485 $120 $52 35% Calculate earnings before interest and taxes (EBIT); round to 2 decimal points; example 400.00
you have the following income statement data sales 900 Costs of goods sold (Depreciation not included) 488 Depreciation 110 Interest expense 74 Tax Rate 35% Calculate Net income
PROJECTED INCOME STATEMENT: Sales: $1,000.00 less Cost of Goods Sold and Depreciation: $500.00 EBIT: $500.00 less Interest Expenses: $100.00 EBT: $400.00 less Taxes: $160.00 NI: $240.00 less Common Dividends: $48.00 Addition to Retained Earnings: $192.00 Sales Growth: 25.00% COGS & Depreciation as a % of Sales: 50.00% Interest Growth: 0.0% Tax Rate: 40.00% Payout Ratio: 20.00% Dividend Growth Rate: 31.25% 1. What is forecasted cost of goods sold? A. $315 B. $252 C. $525 D. $625 2. What is forecasted...
PROJECTED INCOME STATEMENT: Sales: $1,000.00 less Cost of Goods Sold and Depreciation: $500.00 EBIT: $500.00 less Interest Expenses: $100.00 EBT: $400.00 less Taxes: $160.00 NI: $240.00 less Common Dividends: $48.00 Addition to Retained Earnings: $192.00 Sales Growth: 25.00% COGS & Depreciation as a % of Sales: 50.00% Interest Growth: 0.0% Tax Rate: 40.00% Payout Ratio: 20.00% Dividend Growth Rate: 31.25% 1. What is forecasted cost of goods sold? A. $315 B. $252 C. $525 D. $625 2. What is forecasted...
Your pro forma income statement shows sales of $1,001,000, cost of goods sold as $480,000, depreciation expense of $101,000, and taxes of $168,000 due to a tax rate of 40%. What are your pro forma earnings? What is your pro forma free cash flow? Complete the pro forma income statement below: (Round to the nearest dollar.) Sales $ Cost of Goods Sold $ Gross Profit $ Depreciation $ EBIT $ Taxes (40%) $ Earnings $
Your pro forma income statement shows sales of $1,016,000, cost of goods sold as $487,000, depreciation expense of $101,000, and taxes of $171,200 due to a tax rate of 40%. What are your pro forma eamings? What is your pro forma free cash flow? Complete the pro forma income statement below. (Round to the nearest dollar.) Sales Cost of Goods Sold Gross Profit Depreciation EBIT Taxes (40%) Earnings
Your pro forma income statement shows sales of $1,016,000, cost of goods sold as $487,000, depreciation expense of $101,000, and taxes of $171,200 due to a tax rate of 40%. What are your pro forma eamings? What is your pro forma free cash flow? Complete the pro forma income statement below. (Round to the nearest dollar.) Sales Cost of Goods Sold Gross Profit Depreciation EBIT Taxes (40%) Earnings
Your pro forma income statement shows sales of $1,019,000, cost of goods sold as $522,000, depreciation expense of $103,000, and taxes of $157,600 due to a tax rate of 40%. What are your pro forma earnings? What is your pro forma free cash flow? Complete the pro forma income statement below: (Round to the nearest dollar.) Sales Cost of Goods Sold Gross Profit Depreciation EBIT Taxes (40%) Earnings The pro forma free cash flow will be $ . (Round to...
You are given the following information: 2018 Sales $12,000 Cost of goods sold $5,400 Depreciation expense $1,000 Interest $300 Tax rate 35% 2017 2018 Current assets $900 $1,000 Net fixed assets $3,800 $4,500 Current liabilities $300 $400 Long-term debt $2,000 $2,100 a. Calculate the cash flow from assets for 2018. (Hint: Taxes = Earnings before taxes x Tax rate) show your work b. Calculate the cash flow to shareholders for 2018. show your work
5) Iris Income Statement Cost of Goods Sold 320 Depreciation Expense 35 Interest Expense 20 Operating Expense (excluding depreciation) 115 Sales 690 What was Iris Inc's earnings before interest and taxes (EBIT) 6) Iris Balance Sheet Accounts Payable and Accruals 65 Accounts Receivable 63 Accumulated Depreciation (175) Cash 31 Common Stock 120 Fixed Assets (gross) 390 Inventory 129 Long-Term Debt 200 Retained Earnings 65 What is Iris Inc.'s Total Assets? 7) Flying Tigers, Inc., has net sales of $796,000 and...