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pro forma net profit after taxes for 2019 needed,pro forma
cost of goods sold for 2019...
pro forma net profits after taxes for 2019 needed,pro forma cost of good sold for 2019...
pro forma net profits after taxes for 2019 needed,pro forma
cost of good sold for 2019 needed, pro forma operating expenses for
2019 needed
Use the percent-of-sales method to prepare a pro forma income statement for the year ended December 31, 2019, for Hennesaw Lumber, Inc. Hennesaw Lumber, Inc. estimates that its sales in 2019 wil be $4,500,000. Interest expense is to remain unchanged at $105,000 and the firm plans to pay cash dividends of $150,000 during 2019. Hennesaw Lumber...
Pro forma income statement The marketing department of Metroline Manufacturing estimates that its sales in 2020...
Pro forma income statement The marketing department of Metroline Manufacturing estimates that its sales in 2020 will be $1.55 million. Interest expense is expected to remain unchanged at $36,000, and the firm plans to pay $65,000 in cash dividends during 2020. Metroline Manufacturing's income statement for the year ended December 31, 2019, is given , along with a breakdown of the firm's cost of goods sold and operating expenses into their fixed and variable components. a. Use the percent-of-sales method...
Pro forma income statement-Scenario analysis Allen Products LP, wants to do a scenario analysis for the...
Pro forma income statement-Scenario analysis Allen Products LP, wants to do a scenario analysis for the coming year. The pessimistic prediction for sales is $909,000; the most likely amount of sales is $1,132,000; and the optimistic prediction is $1,286,000. Allens income statement for the most recent year is shown below. Use the percent-of-sales method, the income statement for December 31, 2019, and the sales revenue estimates to develop pessimistic, most likely, and optimistic pro forma income statements for the coming...
Pro forma income statement-Scenario analysis Allen Products LP, wants to do a scenario analysis for the...
Pro forma income statement-Scenario analysis Allen Products LP, wants to do a scenario analysis for the coming year. The pessimistic prediction for sales is $905,000; the most likely amount of sales is $1,120,000, and the optimistic prediction is $1,271,000 Allen's income statement for the most recent year is shown here a. Use the percent-of-sales method, the income statement for December 31, 2019, and the sales revenue estimates to develop pessimistic, most likely, and optimistic pro forma income statements for the...
Pro forma income statement-Scenario analysis Allen Products LP, wants to do a scenario analysis for the...
Pro forma income statement-Scenario analysis Allen Products LP, wants to do a scenario analysis for the coming year. The pessimistic prediction for sales is $905,000; the most likely amount of sales is $1,120,000; and the optimistic prediction is $1,271,000. Allen's income statement for the most recent year is shown here EEB a. Use the percent-of-sales method, the income statement for December 31, 2019, and the sales revenue estimates to develop pessimistic, most likely, and optimistic pro forma income statements for...
Pro forma income statement The marketing department of Metroline Manufacturing estimates that its sales in 2016...
Pro forma income statement The marketing department of Metroline Manufacturing estimates that its sales in 2016 will be $1.50 million. Interest expense is expected to remain unchanged at $35,000, and the firm plans to pay $70,000 in cash dividends during 2016. Metroline Manufacturing's income statement for the year ended December 31, 2015, is given 2, along with a breakdown of the firm's cost of goods sold and operating expenses into their fixed and variable components. a. Use the percent-of-sales method...
i need all the blanks in both pictures please. thank you! Integrative-Pro forma statements Red Queen...
i need all the blanks in both pictures please. thank
you!
Integrative-Pro forma statements Red Queen Restaurants wishes to prepare financial plans. Use the financial statements and the other information provided here to prepare the financial plans. The following financial data are also available: (1) The firm has estimated that its sales for 2020 will be $900,100 (2) The firm expects to pay $34,000 in cash dividends in 2020. (4) Accounts receivable represent approximately 24% of annual sales. (5) The...
Allen Products. Inc. Income Statement for the Year Ended December 31, 2019 Sales revenue Less: cost...
Allen Products. Inc. Income Statement for the Year Ended December 31, 2019 Sales revenue Less: cost of good sold Gross profits Less: operating expenses Operating profits Less: interest expense Net profit before taxes Less: taxes (rate 30%) Net profits after taxes $936,700 443,996 5492,704 211,694 $281,010 29,038 5251,972 75,592 $176,380 Allen Products, Inc. Income Statement for the Year Ended December 31, 2019 Sales revenue Less: cost of good sold 936,700 271,115 172,881 $492,704 Fixed Variable Gross profits Less: operating expenses...
CHAPTER 4 Long- and Short-Term Financial Planning 183 *P4-17 Pro forma income statement: Scenario analysis Allen...
CHAPTER 4 Long- and Short-Term Financial Planning 183 *P4-17 Pro forma income statement: Scenario analysis Allen Products Inc. wants to do a scenario analysis for the coming year. The pessimistic prediction for sales is $900,000; the most likely amount of sales is $1,125.000; and the optimistic predic- tion is $1,280,000. Allen's income statement for the most recent year follows. Allen Products Inc. Income Statement for the Year Ended December 31, 2019 Sales revenue $937,500 Less: Cost of goods sold 421,875...
Integrative-Pro forma statements Red Queen Restaurants wishes to prepare financial plans. Use the financial statements and...
Integrative-Pro forma statements Red Queen Restaurants wishes to prepare financial plans. Use the financial statements and the other information provided here to prepare the financial plans. The following financial data are also available: (1) The firm has estimated that its sales for 2020 will be $900,400. (2) The firm expects to pay $35,300 in cash dividends in 2020. (3) The firm wishes to maintain a minimum cash balance of $31,800. (4) Accounts receivable represent approximately 19% of annual sales. Data...
pro forma net profits after taxes for 2019 needed,pro forma
cost of good sold for 2019 needed, pro forma operating expenses for
2019 needed
Use the percent-of-sales method to prepare a pro forma income statement for the year ended December 31, 2019, for Hennesaw Lumber, Inc. Hennesaw Lumber, Inc. estimates that its sales in 2019 wil be $4,500,000. Interest expense is to remain unchanged at $105,000 and the firm plans to pay cash dividends of $150,000 during 2019. Hennesaw Lumber...
Pro forma income statement The marketing department of Metroline Manufacturing estimates that its sales in 2020 will be $1.55 million. Interest expense is expected to remain unchanged at $36,000, and the firm plans to pay $65,000 in cash dividends during 2020. Metroline Manufacturing's income statement for the year ended December 31, 2019, is given , along with a breakdown of the firm's cost of goods sold and operating expenses into their fixed and variable components. a. Use the percent-of-sales method...
Pro forma income statement-Scenario analysis Allen Products LP, wants to do a scenario analysis for the coming year. The pessimistic prediction for sales is $905,000; the most likely amount of sales is $1,120,000, and the optimistic prediction is $1,271,000 Allen's income statement for the most recent year is shown here a. Use the percent-of-sales method, the income statement for December 31, 2019, and the sales revenue estimates to develop pessimistic, most likely, and optimistic pro forma income statements for the...
Pro forma income statement-Scenario analysis Allen Products LP, wants to do a scenario analysis for the coming year. The pessimistic prediction for sales is $905,000; the most likely amount of sales is $1,120,000; and the optimistic prediction is $1,271,000. Allen's income statement for the most recent year is shown here EEB a. Use the percent-of-sales method, the income statement for December 31, 2019, and the sales revenue estimates to develop pessimistic, most likely, and optimistic pro forma income statements for...
Pro forma income statement The marketing department of Metroline Manufacturing estimates that its sales in 2016 will be $1.50 million. Interest expense is expected to remain unchanged at $35,000, and the firm plans to pay $70,000 in cash dividends during 2016. Metroline Manufacturing's income statement for the year ended December 31, 2015, is given 2, along with a breakdown of the firm's cost of goods sold and operating expenses into their fixed and variable components. a. Use the percent-of-sales method...
i need all the blanks in both pictures please. thank
you!
Integrative-Pro forma statements Red Queen Restaurants wishes to prepare financial plans. Use the financial statements and the other information provided here to prepare the financial plans. The following financial data are also available: (1) The firm has estimated that its sales for 2020 will be $900,100 (2) The firm expects to pay $34,000 in cash dividends in 2020. (4) Accounts receivable represent approximately 24% of annual sales. (5) The...
Allen Products. Inc. Income Statement for the Year Ended December 31, 2019 Sales revenue Less: cost of good sold Gross profits Less: operating expenses Operating profits Less: interest expense Net profit before taxes Less: taxes (rate 30%) Net profits after taxes $936,700 443,996 5492,704 211,694 $281,010 29,038 5251,972 75,592 $176,380 Allen Products, Inc. Income Statement for the Year Ended December 31, 2019 Sales revenue Less: cost of good sold 936,700 271,115 172,881 $492,704 Fixed Variable Gross profits Less: operating expenses...
CHAPTER 4 Long- and Short-Term Financial Planning 183 *P4-17 Pro forma income statement: Scenario analysis Allen Products Inc. wants to do a scenario analysis for the coming year. The pessimistic prediction for sales is $900,000; the most likely amount of sales is $1,125.000; and the optimistic predic- tion is $1,280,000. Allen's income statement for the most recent year follows. Allen Products Inc. Income Statement for the Year Ended December 31, 2019 Sales revenue $937,500 Less: Cost of goods sold 421,875...
Integrative-Pro forma statements Red Queen Restaurants wishes to prepare financial plans. Use the financial statements and the other information provided here to prepare the financial plans. The following financial data are also available: (1) The firm has estimated that its sales for 2020 will be $900,400. (2) The firm expects to pay $35,300 in cash dividends in 2020. (3) The firm wishes to maintain a minimum cash balance of $31,800. (4) Accounts receivable represent approximately 19% of annual sales. Data...
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