Forecasted cost of goods sold = Forecasted sales*COGS%
= 1000*1.25*50%
= $625
Hence, the answer is $625
Consider the following projected income statement: INCOME STATEMENT Prepared by Kert Sanders Current Forecast Sales $1,000.00...
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...
PROJECTED INCOME STATEMENT: Sales: $3,000.00 less Cost of Goods Sold: $2450.00 EBITDA: $550.00 less Depreciation this year: $250.00 EBIT: $300.00 less Interest Expense: $125.00 EBT: $175.00 less Taxes: $70.00 NI: $105.00 Sales Growth: 20.00% COGS as a % of Sales: 70.00% Depreciation Growth: 20.00% Interest Expense Growth: 0.0% Tax Rate: 40.00% 1. What is projected sales? A. $655 B. $2,520 C. $393 D. $3,600 2. What is projected EBT? A. $393 B. $2,520 C. $3,600 D. $655 3. What is...