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2009 Income Statement Net Sales Less: Cost of Goods Sold Less: Depreciation Earnings Before Interest and...
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...
Major Manuscripts, Inc. 2009 Income Statement Net sales 7200 Cost of goods sold 6,665 Depreciation 190...
Major Manuscripts, Inc. 2009 Income Statement Net sales 7200 Cost of goods sold 6,665 Depreciation 190 Earnings before interest and 845 taxes Interest paid 22 Taxable income 822 Taxes 287 Net income 536 Dividends 241 Cash Accounts rec Inventory Total Net fixed assets Total assets Major Manuscripts, Inc. 2009 Balance Sheet 2009 2,200 Accounts payable 870 Long-term debt 2.300 Common stock 5,370 Retained earnings 3.060 8.430 Total liabilities & equity 2009 1,700 300 2,600 3.830 8.430 Major Manuscripts, Inc. does...
Dividends paid? Net sales Cost of goods sold Depreciation Earnings before interest and taxes Interest paid...
Dividends paid?
Net sales Cost of goods sold Depreciation Earnings before interest and taxes Interest paid Taxable income Less: Taxes Net income $21,415 16,408 1611 3,396 1282 $ 2.114 740 $ 1,374 Galaxy Interiors 2017 and 2018 Balance Sheets is in millions) Cash Accounts receivabe Inventory Total Ne lixed assets 2017 2018 $ 668 $ 237 1.611 1.527 848 2.942 $6.127 4.771 17 489 17. 107 Accounts payable Notes payable Total long-term debt Common stock Retained earnings Total liab. &...
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 $...
Sales Less: Cost of goods sold Gross profit Less: Operating expenses Net operating income Less: Interest...
Sales Less: Cost of goods sold Gross profit Less: Operating expenses Net operating income Less: Interest expense Earnings before taxes Less: Taxes (35%) Net income 4,500,000 (3,500,000) 1,000,000 (500,000) $500,000 (100,000) $400,000 (140,000) $260,000 We were unable to transcribe this imageCurrent assets Net fixed assets Total Assets $500,000 Liabilities ,500,000 Owners equity $1,000,000 1,000,000 $2,000,000 $2,000,000 Total
$9.950 7.430 445 Windswept, Inc 2010 Income Statement (S in millions) Net sales Less Cost of...
$9.950 7.430 445 Windswept, Inc 2010 Income Statement (S in millions) Net sales Less Cost of goods sold Less: Depreciation Earnings before interest and taxes Less: Interest paid Taxable Income Less: Taxes Net income $2,075 90 $1,985 695 $ 1,290 Windswept, Inc. 2009 and 2010 Balance Sheets($ in millions) 2010 2009 $1,140 $1,265 1,290 2010 2009 $ 160 $ 190 Accounts payable 780 Long-term debt 1,585 Common stock $2,670 $2,555 Retained earnings 3,770 $6,000 $6.325 Total liab & equity Cash...
what is the return on equity use2009 values Galaxy United, Inc. 2009 Income Statement Net sales...
what is the return on equity use2009 values
Galaxy United, Inc. 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 $627,800 521,400 11.200 95,200 10,100 $85,100 28.900 $56,200 Galaxy United, Inc. 2008 and 2009 Balance Sheets Cash Accounts rec. Inventory Sub total Net fixed assets Total 2008 2009 $17,000 $24,700 54,100 56,700 189.400 186.700 $260,500 $268,100 261,300 279,400 $521,800 $547.500 Accounts payable Long-term...
Windswept, Inc. Current Income Statement ($ in millions) Net sales $ 10,800 Less: Cost of goods...
Windswept, Inc. Current Income Statement ($ in millions) Net sales $ 10,800 Less: Cost of goods sold 8,100 Less: Depreciation 385 Earnings before interest and taxes $ 2,315 Less: Interest paid 106 Taxable income $ 2,209 Less: Taxes 663 Net income $ 1,546 Dividends $ 1,296 Windswept, Inc. Balance Sheets ($ in millions) Last This Last This Year Year Year Year Cash $ 400 $ 425 Accounts payable $2,000 $1,925 Accounts rec. 1,170 1,070 Long-term debt 1.1001 1560 Inventory 1,940...
Young, Inc. 2018 Statement of comprehensive Income ($ in millions) Net sales $1384 Tess Cost of goods sold 605 Less: De...
Young, Inc. 2018 Statement of comprehensive Income ($ in millions) Net sales $1384 Tess Cost of goods sold 605 Less: Depreciation 180 Earnings before interest and taxes 599 Less: Interest paid Taxable income Less Taxes 156 Net Income $363 Addition to retained earnings Dividends paid $254 2017 Young, Inc. 2017 and 2018 Statement of financial position ($ in millions) 2017 2018 $100 $121 Accounts payable $400 Accounts rec. 350 425Notes payable 390 440 Inventory 410 $7901 Total Total $890 $956...
Windswept, Inc. Current Income Statement ($ in millions) Net sales $ 9,400 Less: Cost of goods...
Windswept, Inc. Current Income Statement ($ in millions) Net sales $ 9,400 Less: Cost of goods sold 7,490 Less: Depreciation 315 Earnings before interest and taxes $ 1,595 Less: Interest paid Taxable Income $ 1,504 Less: Taxes 451 Net income $ 1,053 Dividends $ 803 Windswept, Inc. Balance Sheets ($ in millions) Last This Last This Year Year Year Year Cash $ 260 $ 275 Accounts payable $1.440 $ 1,585 Accounts rec. 1,060 960 Long-term debt 1150 1,420 Inventory 1,660...
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...
Major Manuscripts, Inc. 2009 Income Statement Net sales 7200 Cost of goods sold 6,665 Depreciation 190 Earnings before interest and 845 taxes Interest paid 22 Taxable income 822 Taxes 287 Net income 536 Dividends 241 Cash Accounts rec Inventory Total Net fixed assets Total assets Major Manuscripts, Inc. 2009 Balance Sheet 2009 2,200 Accounts payable 870 Long-term debt 2.300 Common stock 5,370 Retained earnings 3.060 8.430 Total liabilities & equity 2009 1,700 300 2,600 3.830 8.430 Major Manuscripts, Inc. does...
Dividends paid?
Net sales Cost of goods sold Depreciation Earnings before interest and taxes Interest paid Taxable income Less: Taxes Net income $21,415 16,408 1611 3,396 1282 $ 2.114 740 $ 1,374 Galaxy Interiors 2017 and 2018 Balance Sheets is in millions) Cash Accounts receivabe Inventory Total Ne lixed assets 2017 2018 $ 668 $ 237 1.611 1.527 848 2.942 $6.127 4.771 17 489 17. 107 Accounts payable Notes payable Total long-term debt Common stock Retained earnings Total liab. &...
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 $...
Sales Less: Cost of goods sold Gross profit Less: Operating expenses Net operating income Less: Interest expense Earnings before taxes Less: Taxes (35%) Net income 4,500,000 (3,500,000) 1,000,000 (500,000) $500,000 (100,000) $400,000 (140,000) $260,000 We were unable to transcribe this imageCurrent assets Net fixed assets Total Assets $500,000 Liabilities ,500,000 Owners equity $1,000,000 1,000,000 $2,000,000 $2,000,000 Total
$9.950 7.430 445 Windswept, Inc 2010 Income Statement (S in millions) Net sales Less Cost of goods sold Less: Depreciation Earnings before interest and taxes Less: Interest paid Taxable Income Less: Taxes Net income $2,075 90 $1,985 695 $ 1,290 Windswept, Inc. 2009 and 2010 Balance Sheets($ in millions) 2010 2009 $1,140 $1,265 1,290 2010 2009 $ 160 $ 190 Accounts payable 780 Long-term debt 1,585 Common stock $2,670 $2,555 Retained earnings 3,770 $6,000 $6.325 Total liab & equity Cash...
what is the return on equity use2009 values
Galaxy United, Inc. 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 $627,800 521,400 11.200 95,200 10,100 $85,100 28.900 $56,200 Galaxy United, Inc. 2008 and 2009 Balance Sheets Cash Accounts rec. Inventory Sub total Net fixed assets Total 2008 2009 $17,000 $24,700 54,100 56,700 189.400 186.700 $260,500 $268,100 261,300 279,400 $521,800 $547.500 Accounts payable Long-term...
Windswept, Inc. Current Income Statement ($ in millions) Net sales $ 10,800 Less: Cost of goods sold 8,100 Less: Depreciation 385 Earnings before interest and taxes $ 2,315 Less: Interest paid 106 Taxable income $ 2,209 Less: Taxes 663 Net income $ 1,546 Dividends $ 1,296 Windswept, Inc. Balance Sheets ($ in millions) Last This Last This Year Year Year Year Cash $ 400 $ 425 Accounts payable $2,000 $1,925 Accounts rec. 1,170 1,070 Long-term debt 1.1001 1560 Inventory 1,940...
Young, Inc. 2018 Statement of comprehensive Income ($ in millions) Net sales $1384 Tess Cost of goods sold 605 Less: Depreciation 180 Earnings before interest and taxes 599 Less: Interest paid Taxable income Less Taxes 156 Net Income $363 Addition to retained earnings Dividends paid $254 2017 Young, Inc. 2017 and 2018 Statement of financial position ($ in millions) 2017 2018 $100 $121 Accounts payable $400 Accounts rec. 350 425Notes payable 390 440 Inventory 410 $7901 Total Total $890 $956...
Windswept, Inc. Current Income Statement ($ in millions) Net sales $ 9,400 Less: Cost of goods sold 7,490 Less: Depreciation 315 Earnings before interest and taxes $ 1,595 Less: Interest paid Taxable Income $ 1,504 Less: Taxes 451 Net income $ 1,053 Dividends $ 803 Windswept, Inc. Balance Sheets ($ in millions) Last This Last This Year Year Year Year Cash $ 260 $ 275 Accounts payable $1.440 $ 1,585 Accounts rec. 1,060 960 Long-term debt 1150 1,420 Inventory 1,660...
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