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Galehouse Gas Stations Inc. expects sales to increase from $1,580,000 to $1,780,000 next year. Galehouse believes...
Galehouse Gas Stations Inc. expects sales to increase from $1,510,000 to $1,710,000 next year. Galehouse believes...
Galehouse Gas Stations Inc. expects sales to increase from $1,510,000 to $1,710,000 next year. Galehouse believes that net assets (Assets - Liabilities) will represent 30 percent of sales. His firm has an 8 percent return on sales and pays 45 percent of profits out as dividends. a. What effect will this growth have on funds? The cash balance will 1 increase by decrease by b. If the dividend payout is only 30 percent, what effect will this growth have on...
Galehouse Gas Stations Inc. expects sales to increase from $1,520,000 to $1,720,000 next year. Galehouse believes...
Galehouse Gas Stations Inc. expects sales to increase from $1,520,000 to $1,720,000 next year. Galehouse believes that net assets (Assets - Liabilities) will represent 35 percent of sales. His firm has an 9 percent return on sales and pays 50 percent of profits out as dividends. a. What effect will this growth have on funds? The cash balance will b. If the dividend payout is only 35 percent, what effect will this growth have on funds? The cash balance will
Galehouse Gas Stations Inc. expects sales to increase from $1,700,000 to $1,900,000 next year. Galehouse believes...
Galehouse Gas Stations Inc. expects sales to increase from $1,700,000 to $1,900,000 next year. Galehouse believes that net assets (Assets – Liabilities) will represent 70 percent of sales. His firm has an 12 percent return on sales and pays 40 percent of profits out as dividends. a. What effect will this growth have on funds? The cash balance will b. If the dividend payout is only 20 percent, what effect will this growth have on funds? The cash balance will...
please help! Galehouse Gas Stations Inc. expects sales to increase from $1,710,000 to $1,910,000 next year....
please help!
Galehouse Gas Stations Inc. expects sales to increase from $1,710,000 to $1,910,000 next year. Galehouse believes that net assets (Assets - Liabilities) will represent 45 percent of sales. His firm has an 8 percent return on sales and pays 20 percent of profits out as dividends. a. What effect will this growth have on funds? The cash balance will b. If the dividend payout is only 15 percent, what effect will this growth have on funds? The cash...
Not sure about my answer 4.00 points Galehouse Gas Stations Inc. expects sales to increase from...
Not sure about my answer
4.00 points Galehouse Gas Stations Inc. expects sales to increase from $1,730,000 to $1,930,000 next year. Galehouse believes that net assets (Assets- Liabilities) will represent 65 percent of sales. His firm has an 10 percent return on sales and pays 30 percent of profits out as dividends. a. What effect will this growth have on funds? The cash balance will [decrease by (120,900) This is a numeric cell, so please enter numbers only 名□ F3...
The Hartnett Corporation manufactures baseball bats with Pudge Rodriguez's autograph stamped on them. Each bat sells...
The Hartnett Corporation manufactures baseball bats with Pudge Rodriguez's autograph stamped on them. Each bat sells for $53 and has a variable cost of $28. There are $40,000 in fixed costs involved in the production process. a. Compute the break-even point in units. Break-even point units b. Find the sales (in units) needed to earn a profit of $19,000. Sales quantity needed units Eaton Tool Company has fixed costs of $421,400, sells its units for $92, and has variable costs...
Financial Analysis and Planning Part2 114 Philip Morris expects the sales for his clothing compan...
Financial Analysis and Planning Part2 114 Philip Morris expects the sales for his clothing company to be $550,000 next rowth and nancing 04-4) 2. ear. Philip notes that net assets (Assets - Liabilities) will remain unchanged. His clothing firm will enjoy a 12 percent return on total sales. He will start the year with $150,000 in the bank. What will Philip's ending cash balance be? 3. Galehouse Gas Stations Inc. expects sales to increase from $1,550.000 to owth and ancing...
International Data Systems' information on revenue and costs is relevant only up to a sales volume...
International Data Systems' information on revenue and costs is relevant only up to a sales volume of 123,000 units. After 123,000 units, the market becomes saturated and the price per unit falls from $14.00 to $8.80. Also, there are cost overruns at a production volume of over 123,000 units, and variable cost per unit goes up from $7.00 to $7.50. Fixed costs remain the same at $73,000. a. Compute operating income at 123,000 units. Operating income b. Compute operating income...
Sales are expected to increase by 3 percent next year
TABLE 1 Sales $47,000Current assets of $ 5,100,Current liabilities $ 6,200, Cost 44,650Net fixed assets of $51,500Owners Equity 50, 400 Net Income 2,35056,600Owners Equ & Liab. 56,600Sales are expected to increase by 3 percent next year. Net Income, that is, Net Profit Margin (NPM) is 5% of Sales. The firm has no long term debt and does not plan on acquiring any. The firm does not pay any dividends and all assets, short term liabilities, and costs vary directly with...
The most recent financial statements for ABC Inc., follow. Sales for next year are projected to...
The most recent financial statements for ABC Inc., follow. Sales for next year are projected to grow by 20 percent. Interest expense will remain constant; the tax rate and the dividend payout rate will also remain constant. Costs, other expenses, current assets, fixed assets and accounts payable increase spontaneously with sales. ABC, INC. Income Statement Sales $ 582,391 Costs 508,983 Other expenses 19,721 Earnings before interest and taxes $ ? Interest paid 12,109 Taxable income $ ? Taxes (30%) ?...
Galehouse Gas Stations Inc. expects sales to increase from $1,510,000 to $1,710,000 next year. Galehouse believes that net assets (Assets - Liabilities) will represent 30 percent of sales. His firm has an 8 percent return on sales and pays 45 percent of profits out as dividends. a. What effect will this growth have on funds? The cash balance will 1 increase by decrease by b. If the dividend payout is only 30 percent, what effect will this growth have on...
Galehouse Gas Stations Inc. expects sales to increase from $1,520,000 to $1,720,000 next year. Galehouse believes that net assets (Assets - Liabilities) will represent 35 percent of sales. His firm has an 9 percent return on sales and pays 50 percent of profits out as dividends. a. What effect will this growth have on funds? The cash balance will b. If the dividend payout is only 35 percent, what effect will this growth have on funds? The cash balance will
Galehouse Gas Stations Inc. expects sales to increase from $1,700,000 to $1,900,000 next year. Galehouse believes that net assets (Assets – Liabilities) will represent 70 percent of sales. His firm has an 12 percent return on sales and pays 40 percent of profits out as dividends. a. What effect will this growth have on funds? The cash balance will b. If the dividend payout is only 20 percent, what effect will this growth have on funds? The cash balance will...
please help!
Galehouse Gas Stations Inc. expects sales to increase from $1,710,000 to $1,910,000 next year. Galehouse believes that net assets (Assets - Liabilities) will represent 45 percent of sales. His firm has an 8 percent return on sales and pays 20 percent of profits out as dividends. a. What effect will this growth have on funds? The cash balance will b. If the dividend payout is only 15 percent, what effect will this growth have on funds? The cash...
Not sure about my answer
4.00 points Galehouse Gas Stations Inc. expects sales to increase from $1,730,000 to $1,930,000 next year. Galehouse believes that net assets (Assets- Liabilities) will represent 65 percent of sales. His firm has an 10 percent return on sales and pays 30 percent of profits out as dividends. a. What effect will this growth have on funds? The cash balance will [decrease by (120,900) This is a numeric cell, so please enter numbers only 名□ F3...
The Hartnett Corporation manufactures baseball bats with Pudge Rodriguez's autograph stamped on them. Each bat sells for $53 and has a variable cost of $28. There are $40,000 in fixed costs involved in the production process. a. Compute the break-even point in units. Break-even point units b. Find the sales (in units) needed to earn a profit of $19,000. Sales quantity needed units Eaton Tool Company has fixed costs of $421,400, sells its units for $92, and has variable costs...
Financial Analysis and Planning Part2 114 Philip Morris expects the sales for his clothing company to be $550,000 next rowth and nancing 04-4) 2. ear. Philip notes that net assets (Assets - Liabilities) will remain unchanged. His clothing firm will enjoy a 12 percent return on total sales. He will start the year with $150,000 in the bank. What will Philip's ending cash balance be? 3. Galehouse Gas Stations Inc. expects sales to increase from $1,550.000 to owth and ancing...
International Data Systems' information on revenue and costs is relevant only up to a sales volume of 123,000 units. After 123,000 units, the market becomes saturated and the price per unit falls from $14.00 to $8.80. Also, there are cost overruns at a production volume of over 123,000 units, and variable cost per unit goes up from $7.00 to $7.50. Fixed costs remain the same at $73,000. a. Compute operating income at 123,000 units. Operating income b. Compute operating income...
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