Homework Answers
Add Answer to:
16 and 17 please. first photo has numbers
Income Statement Net sales $5,800 Less: Cost of...
2009 Income Statement Net Sales Less: Cost of Goods Sold Less: Depreciation Earnings Before Interest and...
2009 Income Statement Net Sales Less: Cost of Goods Sold Less: Depreciation Earnings Before Interest and Taxes Less: Interest Paid Taxable income Less: Taxes Net Income Dividends Additions to retained earnings 2009 Balance Sheet Cash $3,160 Accounts Payable Accounts rec 4,160 Long-term debt Inventory 6,480 Common stock Total $13,800 Retained earnings Net fixed assets 29.400 Total assets $43,200 Total liabilities & equity $38,900 31,400 2,600 4,900 1,800 $3,100 1,150 $1,950 $390 $1,560 $8,120 21,200 7,500 6,380 543,200 HLM, Ine. is...
The following Income Statement and Balance Sheet should be used: Creative Analysis, Inc. 2015 Income Statement...
The following Income Statement and Balance Sheet should be used: Creative Analysis, Inc. 2015 Income Statement Net sales $8,500 Cost of goods sold 7,210 Depreciation 400 Earnings before interest and taxes 890 Interest paid 40 Taxable Income $850 Taxes 310 Net Income $540 Dividends $324 Addition to retained earnings $216 Creative Analysis, Inc. 2015 Balance Sheet Cash $1,600 Accounts Payable $2,075 Accounts Rec. 975 Long-term debt 425 Inventory 2,425 Common stock 3,000 Total $5,000 Retained earnings 1,700 Net fixed assets...
PROJECTED INCOME STATEMENT: Sales: $1,000.00 less Cost of Goods Sold and Depreciation: $500.00 EBIT: $500.00 less...
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...
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...
3. The following balance sheet and income statement should be used. This company is currently operating...
3. The following balance sheet and income statement should be used. This company is currently operating at 82% of capacity. The profit margin and the dividend payout ratio are constant. Net working capital and fixed assets vary directly with sales. Sales are projected to increase by 20 percent. What is the external financing need? A. -$736 Full copacity sol takes Net income B. -$487 C. $1,144 Utilization 46680 D. $5,708 E. $6,768 full Sales - 38900 Ratio $38,900 x 1.2...
Question Completion Status: Income Statement For the Year Sales Cost of goods sold Depreciation Earnings before...
Question Completion Status: Income Statement For the Year Sales Cost of goods sold Depreciation Earnings before interest and taxes Interest paid Taxable income $42,700 29,250 3,750 $ 9,700 1,360 $ 8,340 Taxes 2,840 Net income $ 5,500 Dividends $1,925 Balance Sheet End-of-Year Cash Accounts receivable Inventory Total current assets $ 1,320 3,780 10,200 $15,300 33,600 $48,900 Net fixed assets Total assets $ 3,650 18,100 Accounts payable Long-term debt Common stock ($1 par value) Retained earnings 15,000 12.150 End-of-Year Cash $...
Consider the following income statement for the Heir Jordan Corporation: HEIR JORDAN CORPORATION Income Statement Sales...
Consider the following income statement for the Heir Jordan Corporation: HEIR JORDAN CORPORATION Income Statement Sales Costs $43,800 34,800 Taxable income Taxes (35%) $ 9,000 3,150 Net income 5,850 Dividends Addition to retained earnings S 3,300 2,550 The projected sales growth rate is 12 percent Prepare a pro forma income statement assuming costs vary with sales and the dividend payout ratio is constant. (Input all amounts as positive values. Do not round intermediate calculations.) HEIR JORDAN CORPORATION Pro Forma Income...
Consider the following income statement for the Heir Jordan Corporation: HEIR JORDAN CORPORATION Income Statement Sales...
Consider the following income statement for the Heir Jordan Corporation: HEIR JORDAN CORPORATION Income Statement Sales $ 43,800 Costs 34,800 Taxable income $ 9,000 Taxes (35%) 3,150 Net income $ 5,850 Dividends $ 3,300 Addition to retained earnings 2,550 The projected sales growth rate is 12 percent. Prepare a pro forma income statement assuming costs vary with sales and the dividend payout ratio is constant. (Input all amounts as positive values. Do not round intermediate calculations.) HEIR JORDAN CORPORATION...
Consider the following income statement for the Heir Jordan Corporation: HEIR JORDAN CORPORATION Income Statement Sales...
Consider the following income statement for the Heir Jordan Corporation: HEIR JORDAN CORPORATION Income Statement Sales Costs $42,000 33,000 Taxable income Taxes (21%) $9,000 1,890 Net income $7,110 Dividends Addition to retained $1,500 5.610 earnings The projected sales growth rate is 15 percent. Prepare a pro forma income statement assuming costs vary with sales and the dividend payout ratio is constant. (Input all answers as positive values. Do not round intermediate calculations.) HEIR JORDAN CORPORATION Pro Forma Income Statement Sales...
The most recent financial statements for Assouad, Inc., are shown here: Balance Sheet Income Statement Sales...
The most recent financial statements for Assouad, Inc., are shown here: Balance Sheet Income Statement Sales Costs Taxable $3.200 Current $5,400 liabilities assets Current $ 3,300 Long-term 4,820 7,900 Fixed assets 10,200 Long-term Equity 7,480 income Taxes (24%) 768 Total $15,600 Total $15,600 Net income $2,432 Assets, costs, and current liabilities are proportional to sales. Long-term deb are not. The company maintains a constant 40 percent dividend payout ra every other firm in its industry, next year's sales are projected...
2009 Income Statement Net Sales Less: Cost of Goods Sold Less: Depreciation Earnings Before Interest and Taxes Less: Interest Paid Taxable income Less: Taxes Net Income Dividends Additions to retained earnings 2009 Balance Sheet Cash $3,160 Accounts Payable Accounts rec 4,160 Long-term debt Inventory 6,480 Common stock Total $13,800 Retained earnings Net fixed assets 29.400 Total assets $43,200 Total liabilities & equity $38,900 31,400 2,600 4,900 1,800 $3,100 1,150 $1,950 $390 $1,560 $8,120 21,200 7,500 6,380 543,200 HLM, Ine. is...
3. The following balance sheet and income statement should be used. This company is currently operating at 82% of capacity. The profit margin and the dividend payout ratio are constant. Net working capital and fixed assets vary directly with sales. Sales are projected to increase by 20 percent. What is the external financing need? A. -$736 Full copacity sol takes Net income B. -$487 C. $1,144 Utilization 46680 D. $5,708 E. $6,768 full Sales - 38900 Ratio $38,900 x 1.2...
Question Completion Status: Income Statement For the Year Sales Cost of goods sold Depreciation Earnings before interest and taxes Interest paid Taxable income $42,700 29,250 3,750 $ 9,700 1,360 $ 8,340 Taxes 2,840 Net income $ 5,500 Dividends $1,925 Balance Sheet End-of-Year Cash Accounts receivable Inventory Total current assets $ 1,320 3,780 10,200 $15,300 33,600 $48,900 Net fixed assets Total assets $ 3,650 18,100 Accounts payable Long-term debt Common stock ($1 par value) Retained earnings 15,000 12.150 End-of-Year Cash $...
Consider the following income statement for the Heir Jordan Corporation: HEIR JORDAN CORPORATION Income Statement Sales Costs $43,800 34,800 Taxable income Taxes (35%) $ 9,000 3,150 Net income 5,850 Dividends Addition to retained earnings S 3,300 2,550 The projected sales growth rate is 12 percent Prepare a pro forma income statement assuming costs vary with sales and the dividend payout ratio is constant. (Input all amounts as positive values. Do not round intermediate calculations.) HEIR JORDAN CORPORATION Pro Forma Income...
Consider the following income statement for the Heir Jordan Corporation: HEIR JORDAN CORPORATION Income Statement Sales Costs $42,000 33,000 Taxable income Taxes (21%) $9,000 1,890 Net income $7,110 Dividends Addition to retained $1,500 5.610 earnings The projected sales growth rate is 15 percent. Prepare a pro forma income statement assuming costs vary with sales and the dividend payout ratio is constant. (Input all answers as positive values. Do not round intermediate calculations.) HEIR JORDAN CORPORATION Pro Forma Income Statement Sales...
The most recent financial statements for Assouad, Inc., are shown here: Balance Sheet Income Statement Sales Costs Taxable $3.200 Current $5,400 liabilities assets Current $ 3,300 Long-term 4,820 7,900 Fixed assets 10,200 Long-term Equity 7,480 income Taxes (24%) 768 Total $15,600 Total $15,600 Net income $2,432 Assets, costs, and current liabilities are proportional to sales. Long-term deb are not. The company maintains a constant 40 percent dividend payout ra every other firm in its industry, next year's sales are projected...
Most questions answered within 3 hours.
-
The equilibrium constant Kp for the reaction
C(s)+H2O(g)⇌CO(g)+H2(g) is 2.44 at 1000 K. What are the...
asked 9 minutes ago -
HACKING
1: Discuss the tricks of hacking in 300 words.
2: Explain in you own words...
asked 10 minutes ago -
Answer the following questions about the NOCl molecule. There
are [?] single bonds in this molecule....
asked 8 minutes ago -
The range of frequencies included in an RF pulse is referred to
as it's bandwidth (BW)....
asked 12 minutes ago -
In the context of the 55 principles, _________
means to keep a process going through training,...
asked 22 minutes ago -
Can you write a 400 words paragraph about investigation on
permeability of cell membrane for SDS,...
asked 23 minutes ago -
This question is regarding Computer Security;
What do you think are some other security risks and...
asked 31 minutes ago -
Assume that you work for an organization that has around 10,000
desktops/laptops and approximately 1,000 servers...
asked 38 minutes ago -
An electron moves along the z-axis with vz=5.2×10^7m/s.
As it passes the origin, what are the...
asked 41 minutes ago -
Silly-Sort(A,i,j)
if A[i] > A[j]
then exchange A[i] and A[j];
if i+1 >= j
then return;...
asked 45 minutes ago -
Discuss the major contributions of Max Weber in understanding
the society theoretically. [10]
asked 47 minutes ago -
The rate constant for a certain reaction is k =
8.50×10−3 s−1 . If the initial...
asked 58 minutes ago