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It is December 31. Last year, Campbell Construction had sales of $160,000,000, and it forecasts that...
2. A review of the degree of operating leverage (DOL) It is December 31. Last year,...
2. A review of the degree of operating leverage (DOL) It is December 31. Last year, Western Gas & Electric Company (WGEC) had sales of $8,000,000, and it forecasts that next year's sales will be $8,560,000. Its fixed costs have been and are expected to continue to be $600,000, and its variable cost ratio is 55.00% WGEC's capital structure consists of a $13.5 million bank loan, on which it pays an interest rate of 6%, and 300,000 shares of common...
5. Computing and interpreting the degree of operating leverage (DOL) It is December 31. Last year,...
5. Computing and interpreting the degree of operating leverage (DOL) It is December 31. Last year, Praxis Corporation had sales of $16,000,000, and it forecasts that next year's sales will be $17,600,000. Its fixed costs have been and are expected to continue to be $1,200,000, and its variable cost ratio is 40.00%. Praxis's capital structure consists of a $13.5 million bank loan, on which it pays an interest rate of 6%, and 300,000 shares of common equity. The company's profits...
(Percentage of sales —plant and equipment) A company had sales last year of $16,000,000 and forecasts...
(Percentage of sales —plant and equipment) A company had sales last year of $16,000,000 and forecasts sales of $20,000,000 in the coming year. It ended the year with $5,000,000 of plant and equipment. Forecast the end-of-coming-year balance for plant and equipment under each of the following alternatives. a. Plant and equipment is now at capacity and will be increased proportionally to sales. b. Plant and equipment is now at capacity. New plant and equipment must be purchased in $750,000 increments....
ment# (Chapters 14,5) i Saved 0 Income Statement Year ended December 31, 20XX Sales (30,000 tires...
ment# (Chapters 14,5) i Saved 0 Income Statement Year ended December 31, 20XX Sales (30,000 tires at $45 each) Less: Variable costs (30,000 tires at $20) $ 1,350,000 600,000 Contribution margin Less: Fixed costs 750,000 600,000 oped Earnings before interest and taxes (EBIT) Interest expense 150,000 75,000 Tint Earnings before taxes (EBT) Income tax expense (30%) 75,000 22,500 rences $ 52,500 Earnings after taxes (EAT) Given this income statement, compute the following a. Degree of operating leverage (Round the final...
ssignment #1 (Chapters 14,5) * Saved 40 Income Statement Year ended December 31, 20xx Sales (30,000...
ssignment #1 (Chapters 14,5) * Saved 40 Income Statement Year ended December 31, 20xx Sales (30,000 tires at $45 each) Less: Variable costs (30,000 tires at $20) $ 1,350,000 600,000 Contribution margin Less: Fixed costs 750,000 600,000 pints Skipped Earnings before interest and taxes (EBIT) Interest expense 150,000 75,000 Point Earnings before taxes (EBT) Income tax expense (30%) 75,000 22,500 References 52,500 Earnings after taxes (EAT) Given this income statement compute the following: a. Degree of operating leverage (Round the...
Last year, the company sold 46,000 of these balls, with the following results: Sales (46,000 balls)...
Last year, the company sold 46,000 of these balls, with the following results: Sales (46,000 balls) Variable expenses Contribution margin Fixed expenses Net operating income $ 1,150,000 690,000 460,000 318,000 $ 142,000 Required: 1. Compute (a) last year's CM ratio and the break-even point in balls, Jind (b) the degree of operating leverage at last year's sales level. 2. Due to an increase in labor rates, the company estimates that next year's variable expenses will increase by $3.00 per ball....
Last year, the company sold 60,000 of these balls, with the following results: Sales (60,000 balls)...
Last year, the company sold 60,000 of these balls, with the following results: Sales (60,000 balls) Variable expenses Contribution margin Fixed expenses Net operating income $ 1,500,000 900,000 600,000 375,000 $ 225,000 Required: 1. Compute (a) last year's CM ratio and the break-even point in balls, and (b) the degree of operating leverage at last year's sales level. 2. Due to an increase in labor rates, the company estimates that next year's variable expenses will increase by $3.00 per ball....
Last year, the company sold 32,000 of these balls, with the following results: $ Sales (32,000...
Last year, the company sold 32,000 of these balls, with the following results: $ Sales (32,000 balls) Variable expenses Contribution margin Fixed expenses Net operating income 800,000 480,000 320,000 211,000 109,000 $ Required: 1. Compute (a) last year's CM ratio and the break-even point in balls, and (b) the degree of operating leverage at last year's sales level. 2. Due to an increase in labor rates, the company estimates that next year's variable expenses will increase by $3.00 per ball....
question 2 Last year, the company sold 40,000 of these balls, with the following results: Sales...
question 2
Last year, the company sold 40,000 of these balls, with the following results: Sales (40,000 balls) Variable expenses Contribution margin Fixed expenses Net operating income $1,000,000 600,000 400,000 265,000 $ 135,000 Required: 1. Compute (a) last year's CM ratio and the break-even point in balls, and (b) the degree of operating leverage at last year's sales level. 2. Due to an increase in labor rates, the company estimates that next year's variable expenses will increase by $3.00 per...
2. Consider the following year-end 2017 financial data for Texas Roadhouse. Figures in millions. Sales Revenue...
2. Consider the following year-end 2017 financial data for Texas Roadhouse. Figures in millions. Sales Revenue 1,219.5 Operating Income 186.2 Interest Expense 2.0 Tax Expense 43.0 Net Income 141.2 Total Assets 1,330.6 Cash 150.9 Conventional Debt 52.0 Operating Lease Debt 596.7 Total Debt 648.7 Shareholder Equity 851.4 Depreciation 93.5 CAPEX 161.6 Change in NWC Operating Lease Expense 41.6 Shares Outstanding 71.17 Stock Price per Share 52.68 a. Calculate the following: the effective tax rate, after-tax EBIT, operating profit margin, net...
2. A review of the degree of operating leverage (DOL) It is December 31. Last year, Western Gas & Electric Company (WGEC) had sales of $8,000,000, and it forecasts that next year's sales will be $8,560,000. Its fixed costs have been and are expected to continue to be $600,000, and its variable cost ratio is 55.00% WGEC's capital structure consists of a $13.5 million bank loan, on which it pays an interest rate of 6%, and 300,000 shares of common...
5. Computing and interpreting the degree of operating leverage (DOL) It is December 31. Last year, Praxis Corporation had sales of $16,000,000, and it forecasts that next year's sales will be $17,600,000. Its fixed costs have been and are expected to continue to be $1,200,000, and its variable cost ratio is 40.00%. Praxis's capital structure consists of a $13.5 million bank loan, on which it pays an interest rate of 6%, and 300,000 shares of common equity. The company's profits...
(Percentage of sales —plant and equipment) A company had sales last year of $16,000,000 and forecasts sales of $20,000,000 in the coming year. It ended the year with $5,000,000 of plant and equipment. Forecast the end-of-coming-year balance for plant and equipment under each of the following alternatives. a. Plant and equipment is now at capacity and will be increased proportionally to sales. b. Plant and equipment is now at capacity. New plant and equipment must be purchased in $750,000 increments....
ment# (Chapters 14,5) i Saved 0 Income Statement Year ended December 31, 20XX Sales (30,000 tires at $45 each) Less: Variable costs (30,000 tires at $20) $ 1,350,000 600,000 Contribution margin Less: Fixed costs 750,000 600,000 oped Earnings before interest and taxes (EBIT) Interest expense 150,000 75,000 Tint Earnings before taxes (EBT) Income tax expense (30%) 75,000 22,500 rences $ 52,500 Earnings after taxes (EAT) Given this income statement, compute the following a. Degree of operating leverage (Round the final...
ssignment #1 (Chapters 14,5) * Saved 40 Income Statement Year ended December 31, 20xx Sales (30,000 tires at $45 each) Less: Variable costs (30,000 tires at $20) $ 1,350,000 600,000 Contribution margin Less: Fixed costs 750,000 600,000 pints Skipped Earnings before interest and taxes (EBIT) Interest expense 150,000 75,000 Point Earnings before taxes (EBT) Income tax expense (30%) 75,000 22,500 References 52,500 Earnings after taxes (EAT) Given this income statement compute the following: a. Degree of operating leverage (Round the...
Last year, the company sold 46,000 of these balls, with the following results: Sales (46,000 balls) Variable expenses Contribution margin Fixed expenses Net operating income $ 1,150,000 690,000 460,000 318,000 $ 142,000 Required: 1. Compute (a) last year's CM ratio and the break-even point in balls, Jind (b) the degree of operating leverage at last year's sales level. 2. Due to an increase in labor rates, the company estimates that next year's variable expenses will increase by $3.00 per ball....
Last year, the company sold 60,000 of these balls, with the following results: Sales (60,000 balls) Variable expenses Contribution margin Fixed expenses Net operating income $ 1,500,000 900,000 600,000 375,000 $ 225,000 Required: 1. Compute (a) last year's CM ratio and the break-even point in balls, and (b) the degree of operating leverage at last year's sales level. 2. Due to an increase in labor rates, the company estimates that next year's variable expenses will increase by $3.00 per ball....
Last year, the company sold 32,000 of these balls, with the following results: $ Sales (32,000 balls) Variable expenses Contribution margin Fixed expenses Net operating income 800,000 480,000 320,000 211,000 109,000 $ Required: 1. Compute (a) last year's CM ratio and the break-even point in balls, and (b) the degree of operating leverage at last year's sales level. 2. Due to an increase in labor rates, the company estimates that next year's variable expenses will increase by $3.00 per ball....
question 2
Last year, the company sold 40,000 of these balls, with the following results: Sales (40,000 balls) Variable expenses Contribution margin Fixed expenses Net operating income $1,000,000 600,000 400,000 265,000 $ 135,000 Required: 1. Compute (a) last year's CM ratio and the break-even point in balls, and (b) the degree of operating leverage at last year's sales level. 2. Due to an increase in labor rates, the company estimates that next year's variable expenses will increase by $3.00 per...
2. Consider the following year-end 2017 financial data for Texas Roadhouse. Figures in millions. Sales Revenue 1,219.5 Operating Income 186.2 Interest Expense 2.0 Tax Expense 43.0 Net Income 141.2 Total Assets 1,330.6 Cash 150.9 Conventional Debt 52.0 Operating Lease Debt 596.7 Total Debt 648.7 Shareholder Equity 851.4 Depreciation 93.5 CAPEX 161.6 Change in NWC Operating Lease Expense 41.6 Shares Outstanding 71.17 Stock Price per Share 52.68 a. Calculate the following: the effective tax rate, after-tax EBIT, operating profit margin, net...
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