A proposed new investment has projected sales of $645,000. Variable costs are 36 percent of sales,...
|
A proposed new investment has projected sales of $645,000. Variable costs are 36 percent of sales, and fixed costs are $174,000; depreciation is $85,000. Assume a tax rate of 22 percent. |
| What is the projected net income? |
Homework Answers
| Sales | 645,000 |
| Less:Variable cost(645,000*36%) | 232,200 |
| Less:Fixed cost | 174,000 |
| Less:Depreciation | 85,000 |
| Earnings before taxes | 153800 |
| Less:taxes(153800*22%) | 33836 |
| Net income | $119,964. |
Add Answer to:
A proposed new investment has projected sales of $645,000.
Variable costs are 36 percent of sales,...
A proposed new investment has projected sales of $695,000. Variable costs are 35 percent of sales,...
A proposed new investment has projected sales of $695,000. Variable costs are 35 percent of sales, and fixed costs are $204,000; depreciation is $95,000. Assume a tax rate of 22 percent. What is the projected net income? (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) Net income
A proposed new investment has projected sales of $720,000. Variable costs are 40 percent of sales,...
A proposed new investment has projected sales of $720,000. Variable costs are 40 percent of sales, and fixed costs are $219,000; depreciation is $100,000. Assume a tax rate of 22 percent. What is the projected net income? (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.)
A proposed new investment has projected sales of $635,000. Variable costs are 40 percent of sales,...
A proposed new investment has projected sales of $635,000. Variable costs are 40 percent of sales, and fixed costs are $168,000; depreciation is $83,000. Assume a tax rate of 23 percent. What is the projected net income? (Do not round intermediate calculations.) Net income
A proposed new investment has projected sales of $635,000. Variable costs are 40 percent of sales,...
A proposed new investment has projected sales of $635,000. Variable costs are 40 percent of sales, and fixed costs are $168,000; depreciation is $83,000. Assume a tax rate of 23 percent. What is the projected net income? (Do not round intermediate calculations.) Net income
A proposed new investment has projected sales of $515,000. Variable costs are 47 percent of sales,...
A proposed new investment has projected sales of $515,000. Variable costs are 47 percent of sales, and fixed costs are $130,000; depreciation is $50,500. Prepare a pro forma income statement assuming a tax rate of 22 percent. What is the projected net income? (Input all amounts as positive values. Do not round intermediate calculations.) Sales: Variable costs : Fixed costs : Depreciation : EBT : Taxes: Net income:
A proposed new investment has projected sales of $735,000. Variable costs are 43 percent of sales,...
A proposed new investment has projected sales of $735,000. Variable costs are 43 percent of sales, and fixed costs are $228,000; depreciation is $103,000. Assume a tax rate of 25 percent. What is the projected net income? (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) Net income Net income
A proposed new investment has projected sales of $640,000. Variable costs are 35 percent of sales,...
A proposed new investment has projected sales of $640,000. Variable costs are 35 percent of sales, and fixed costs are $171,000; depreciation is $84,000. Assume a tax rate of 21 percent What is the projected net income? (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) Net income
A proposed new investment has projected sales of $660,000. Variable costs are 39 percent of sales,...
A proposed new investment has projected sales of $660,000. Variable costs are 39 percent of sales, and fixed costs are $183,000; depreciation is $88,000. Assume a tax rate of 25 percent. What is the projected net income? (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) Net income
A proposed new investment has projected sales of $710,000. Variable costs are 38 percent of sales,...
A proposed new investment has projected sales of $710,000. Variable costs are 38 percent of sales, and fixed costs are $213,000; depreciation is $98,000. Assume a tax rate of 25 percent. What is the projected net income? (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) Net income
A proposed new investment has projected sales of $655,000. Variable costs are 38 percent of sales,...
A proposed new investment has projected sales of $655,000. Variable costs are 38 percent of sales, and fixed costs are $180,000; depreciation is $87,000. Assume a tax rate of 24 percent. What is the projected net income? (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) Net income
A proposed new investment has projected sales of $695,000. Variable costs are 35 percent of sales, and fixed costs are $204,000; depreciation is $95,000. Assume a tax rate of 22 percent. What is the projected net income? (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) Net income
A proposed new investment has projected sales of $635,000. Variable costs are 40 percent of sales, and fixed costs are $168,000; depreciation is $83,000. Assume a tax rate of 23 percent. What is the projected net income? (Do not round intermediate calculations.) Net income
A proposed new investment has projected sales of $635,000. Variable costs are 40 percent of sales, and fixed costs are $168,000; depreciation is $83,000. Assume a tax rate of 23 percent. What is the projected net income? (Do not round intermediate calculations.) Net income
A proposed new investment has projected sales of $735,000. Variable costs are 43 percent of sales, and fixed costs are $228,000; depreciation is $103,000. Assume a tax rate of 25 percent. What is the projected net income? (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) Net income Net income
A proposed new investment has projected sales of $640,000. Variable costs are 35 percent of sales, and fixed costs are $171,000; depreciation is $84,000. Assume a tax rate of 21 percent What is the projected net income? (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) Net income
A proposed new investment has projected sales of $660,000. Variable costs are 39 percent of sales, and fixed costs are $183,000; depreciation is $88,000. Assume a tax rate of 25 percent. What is the projected net income? (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) Net income
A proposed new investment has projected sales of $710,000. Variable costs are 38 percent of sales, and fixed costs are $213,000; depreciation is $98,000. Assume a tax rate of 25 percent. What is the projected net income? (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) Net income
A proposed new investment has projected sales of $655,000. Variable costs are 38 percent of sales, and fixed costs are $180,000; depreciation is $87,000. Assume a tax rate of 24 percent. What is the projected net income? (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) Net income
Most questions answered within 3 hours.
-
BaS crystallizes in a cubic unit cell with S2- ions on each
corner and each face....
asked 25 minutes ago -
A. 0≤P(Oi)≤10≤P(Oi)≤1 for each i
B. P(Oi)≤0P(Oi)≤0
C. P(Oi)=1+P(OCi)P(Oi)=1+P(OiC)
D. P(Oi)≥1P(Oi)≥1
If an experiment consists of...
asked 1 hour ago -
A battery has an emf of 9.20V and an internal resistance of 1.20
ohm. a)What resistance...
asked 1 hour ago -
The area of an elastic circular loop decreases at a constant
rate, dA/dt = −6.60×10−3 m2/s...
asked 3 hours ago -
The denaturation of proteins can be described by the
equilibrium
F⇌U
where F and U represent...
asked 4 hours ago -
Please answer what the maximum and minimum force is, and the
angle on the ion is...
asked 4 hours ago -
implement a program that reads a number of rows and a symbol.
The program will draw...
asked 4 hours ago -
Assume that when adults with smartphones are randomly selected,
45% use them in meetings or classes....
asked 4 hours ago -
Determine the number of formula units of
Na2SO4 and moles of oxygen contained in 8.11
moles...
asked 4 hours ago -
Explain in steps on the following code
What would be the output when executed
using System;...
asked 5 hours ago -
Given the information in the table, which of the following
statements is CORRECT?
Stock A
Stock...
asked 5 hours ago -
Write MARIE assembly language programs that do the following:
Write a program that inputs an integer...
asked 5 hours ago