Income and Cash Flow Analysis The Berndt Corporation expects to have sales of $11 million. Costs...
Income and Cash Flow Analysis
The Berndt Corporation expects to have sales of $11 million. Costs other than depreciation are expected to be 80% of sales, and depreciation is expected to be $1.1 million. All sales revenues will be collected in cash, and costs other than depreciation must be paid for during the year. Brendt's federal-plus-state tax rate is 35%. Berndt has no debt.
- Set up an income statement. What is Berndt's expected net
income? Enter your answer in dollars. For example, an answer of
$1.2 million should be entered as 1,200,000.
$
What is Berndt's expected net cash flow? Enter your answer in dollars. For example, an answer of $1.2 million should be entered as 1,200,000.
$
Homework Answers
a.
Net income is 715,000
b.
Net cash flow is equal to net income plus depreciation
=715,000 + 1,100,000
=1,815,000
Add Answer to:
Income and Cash Flow Analysis
The Berndt Corporation expects to have sales of $11 million.
Costs...
The Berndt Corporation expects to have sales of $10 million. Costs other than depreciation are expected...
The Berndt Corporation expects to have sales of $10 million. Costs other than depreciation are expected to be 80% of sales, and depreciation is expected to be $1 million. All sales revenues will be collected in cash, and costs other than depreciation must be paid for during the year. Brendt's federal-plus-state tax rate is 40%. Berndt has no debt. Set up an income statement. What is Berndt's expected net income? Enter your answer in dollars. For example, an answer of...
The Berndt Corporation expects to have sales of $10 million. Costs other than depreciation are expected...
The Berndt Corporation expects to have sales of $10 million. Costs other than depreciation are expected to be 80% of sales, and depreciation is expected to be $1 million. All sales revenues will be collected in cash, and costs other than depreciation must be paid for during the year. Brendt's federal-plus-state tax rate is 35%. Berndt has no debt. Set up an income statement. What is Berndt's expected net cash flow? Enter your answer in dollars. For example, an answer...
The Berndt Corporation expects to have sales of $10 million. Costs other than depreciation are expected...
The Berndt Corporation expects to have sales of $10 million. Costs other than depreciation are expected to be 80% of sales, and depreciation is expected to be $1 million. All sales revenues will be collected in cash, and costs other than depreciation must be paid for during the year. Brendt's federal-plus-state tax rate is 35%. Berndt has no debt. Set up an income statement. What is Berndt's expected net cash flow? Enter your answer in dollars. For example, an answer...
The Berndt Corporation expects to have sales of $13 million. Costs other than depreciation are expected...
The Berndt Corporation expects to have sales of $13 million. Costs other than depreciation are expected to be 70% of sales, and depreciation is expected to be $1.95 million. All sales revenues will be collected in cash, and costs other than depreciation must be paid for during the year. Berndt's federal-plus-state tax rate is 35%. Berndt has no debt. a. Set up an income statement. What is Berndt's expected net income? Enter your answer in dollars. For example, an answer...
The Berndt Corporation expects to have sales of $15 million. Costs other than depreciation are expected...
The Berndt Corporation expects to have sales of $15 million. Costs other than depreciation are expected to be 80% of sales, and depreciation is expected to be $1.5 million. Al sales revenues will be collected in cash, and costs other than depreciation must be paid for during the year. Berndt's federal-plus-state tax rate is 40%. Berndt has no debt. Set up an income statement. What is Berndt's expected net income Enter your answer in dollars. For example, an answer of...
Please show me how to do this analysis in excel Income and Cash Flow Analysis The...
Please show me how to do this analysis in excel Income and Cash Flow Analysis The Berndt Corporation expects to have sales of $12 million. Costs other than depreciation are expected to be 75% of sales, and depreciation is expected to be $1.5 million. All sales revenues will be collected in cash, and costs other than depreciation must be paid for during the year. Berndt’s federal-plus-state tax rate is 40%. Berndt has no debt. Set up an income statement. What...
Answer First Picture please C. Now suppose that Congress changed the tax law such that, instead...
Answer First Picture please
C. Now suppose that Congress changed the tax law such that, instead of doubling Berndt's depreciation, it was reduced it by 50%. How would profit and net cash flow be affected? I. If depreciation were halved, taxable income and taxes would decline but net cash flow would rise. II. If depreciation were halved, taxable income, taxes, and net cash flow would all decline. III. If depreciation were halved, taxable income and net cash flow would rise...
Net Cash Flow Kendall Corners Inc. recently reported net income of $3.2 million and depreciation of...
Net Cash Flow Kendall Corners Inc. recently reported net income of $3.2 million and depreciation of $512,000. What was its net cash flow? Assume it had no amortization expense. Enter your answer in dollars. For example, an answer of $1.2 million should be entered as 1,200,000.
Kendall Corners Inc. recently reported net income of $2.9 million and depreciation of $435,000. What was...
Kendall Corners Inc. recently reported net income of $2.9 million and depreciation of $435,000. What was its net cash flow? Assume it had no amortization expense. Enter your answer in dollars. For example, an answer of $1.2 million should be entered as 1,200,000.
Kendall Corners Inc. recently reported net income of $4.2 million and depreciation of $840,000. What was...
Kendall Corners Inc. recently reported net income of $4.2 million and depreciation of $840,000. What was its net cash flow? Assume it had no amortization expense. Enter your answer in dollars. For example, an answer of $1.2 million should be entered as 1,200,000.
The Berndt Corporation expects to have sales of $13 million. Costs other than depreciation are expected to be 70% of sales, and depreciation is expected to be $1.95 million. All sales revenues will be collected in cash, and costs other than depreciation must be paid for during the year. Berndt's federal-plus-state tax rate is 35%. Berndt has no debt. a. Set up an income statement. What is Berndt's expected net income? Enter your answer in dollars. For example, an answer...
The Berndt Corporation expects to have sales of $15 million. Costs other than depreciation are expected to be 80% of sales, and depreciation is expected to be $1.5 million. Al sales revenues will be collected in cash, and costs other than depreciation must be paid for during the year. Berndt's federal-plus-state tax rate is 40%. Berndt has no debt. Set up an income statement. What is Berndt's expected net income Enter your answer in dollars. For example, an answer of...
Answer First Picture please
C. Now suppose that Congress changed the tax law such that, instead of doubling Berndt's depreciation, it was reduced it by 50%. How would profit and net cash flow be affected? I. If depreciation were halved, taxable income and taxes would decline but net cash flow would rise. II. If depreciation were halved, taxable income, taxes, and net cash flow would all decline. III. If depreciation were halved, taxable income and net cash flow would rise...
Most questions answered within 3 hours.
-
For regularization, we added the regularizer to the loss
function. Does it make sense to multiply...
asked 3 minutes ago -
b. A freezer you got from a student sale has an inside
temperature of – 10C;...
asked 5 minutes ago -
PEARSON
Years
S&P 500
Stock Price
2014
1,692
$68.00
2015
1,978
$102.00
2016
1,884
$110.00
2017...
asked 6 minutes ago -
You roll a fair 6-sided dice, let Y be the outcome of the dice
roll. Then...
asked 36 minutes ago -
If the value of the range is equal to zero, then this indicates
that:
A. there...
asked 56 minutes ago -
Based on Simms' (1994) articulation of psychological privacy to
promote development of self-identity, for example, do...
asked 19 minutes ago -
Use C programe to :
Develop an algorithm, flow chart and write a C program to...
asked 41 minutes ago -
Benzene has a vapor pressure of 75.0 Torr at 22.0 °C and an
enthalpy of evaporation...
asked 24 minutes ago -
How does a leadership philosophy shape service delivery in a
human services organization?
asked 34 minutes ago -
Which of the following statements about hormonal regulation of
glycogen synthesis and degradation are correct?
Multiple...
asked 39 minutes ago -
1. Describe all
necessary steps and conditions for execution of a java".
2. What
is maven...
asked 51 minutes ago -
What is the temperature of a 3.5L container with 1.502 mol
carbon dioxide at 10.76 atm?...
asked 46 minutes ago