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.)
Homework Answers
Ans $ 88140
| Sales | 720000 | ||
| Less | Variable Cost | 288000 | (720000 * 40%) |
| Less | Fixed Cost | 219000 | |
| Less | Depreciation | 100000 | |
| Profit Before Tax | 113000 | ||
| Less | Tax @ 22% | 24860 | (113000 * 22%) |
| Profit After Tax | 88140 | ||
Add Answer to:
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 $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 $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 $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 $705,000. Variable costs are 37 percent of sales, and fixed costs are...
A proposed new investment has projected sales of $705,000. Variable costs are 37 percent of sales, and fixed costs are $210,000; depreciation is $97,000. 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 $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 40 percent of sales,...
A proposed new investment has projected sales of $515,000. Variable costs are 40 percent of sales, and fixed costs are $134,500; depreciation is $52,750. Prepare a pro forma income statement assuming a tax rate of 21 percent. What is the projected net income? (Input all amounts as positive values. Do not round intermediate calculations.) Sales = Variable Cost = Fixed Cost = Depreciation = EBT = Taxes = 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 $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
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 $705,000. Variable costs are 37 percent of sales, and fixed costs are $210,000; depreciation is $97,000. 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 $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
Most questions answered within 3 hours.
-
Industry: Telecommunications in India
Here, you need to discuss the sources of the growth pattern
and...
asked 9 minutes ago -
Hydrobromic acid
dissolves solid iron according to the followiaung reaction:
Fe(s)+2HBr(aq)→
FeBr2(aq)+ H2(g)
Part A. What...
asked 1 hour ago -
Verify the following vector identity in SPHERICAL
COORDINATES.
div(curl(A)) = 0
asked 3 hours ago -
The work function (Φ) for a metal is 7.50×10-19 J.
What is the longest wavelength (nm)...
asked 4 hours ago -
1. Would the following procedural changes cause the
calculated mass percent Ni2+ ion in Ni(NH3)nCl2 to...
asked 5 hours ago -
1. Why does the voltage of the capacitor vary with frequency?
where does this missing voltage...
asked 7 hours ago -
p p please write each step out clearly
3. A manager of a company is considering...
asked 5 hours ago -
On October 1, Ebony Ernst organized Ernst Consulting; on October
3, the owner contributed $83,540 in...
asked 7 hours ago -
A.)As an electron moves through a region of space, its speed
decreases from 9.60 × 106...
asked 7 hours ago -
In java with the netbeans program do:
Through object programming
Create a class "ContadorP", which is...
asked 7 hours ago -
Pattern Corporation acquired all of Science
Company's outstanding stock on January 1, 2016 for $600,000 cash....
asked 7 hours ago -
Here are all accounts Tyler Co. maintains.
Tax expenses $4,750
Common stocks $48,840
SG&A expenses $2,500...
asked 7 hours ago