come Statement Balance Sheet $ 40,000 27,200 $ 12,800 Sales Costs Taxable income Taxes (22%) Net income 2,816 $ 9,984 Assets $ 147,000 Debt $ 43,000 Equity 104,000 Total $ 147,000 Total $147,000 Assets and costs are proportional to sales; debt and equity are not. A dividend of $3,400 was paid, and the company wishes to maintain a constant payo atio. Next year's sales are projected to be $46,400. What is the external financing needed? o not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.)

come Statement Balance Sheet $ 40,000 27,200 $ 12,800 Sales Costs Taxable income Taxes (22%) Net income 2,816 $ 9,984 Assets $ 147,000 Debt $ 43,000 Equity 104,000 Total $ 147,000 Total $147,000 Assets and costs are proportional to sales; debt and equity are not. A dividend of $3,400 was paid, and the company wishes to maintain a constant payo atio. Next year's sales are projected to be $46,400. What is the external financing needed? o not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.)

Name: The most recent financial statements for Mixton, Incorporated, are sh
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Description: The most recent financial statements for Mixton, Incorporated, are shown here:Income Statement Balance Sheet$ 40,00027,200$ 12,8002,816$ 9,984SalesCostsTaxable incomeTaxes (22%)Net incomeAssets $ 147,000 Debt $43,000Equity 104,000Total $ 147,000 Tot

Essentials Of Investments

11th Edition

ISBN:9781260013924

Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Chapter1: Investments: Background And Issues

Section: Chapter Questions

Problem 1PS

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Led Zeppelin, Inc. Sales $34,000,000 Gross profit margin Operating profit margin Net profit margin Return on total assets 84% 33% 8% 16.8% 21% Return on common equity Total asset turnover 2.1 Average collection period (days) 53.5 Calculate values for the following: a. Gross profits b. Cost of goods sold c. Operating profits d. Operating expenses e. Earnings available for common stockholders f. Total assets g. Total common stock equity h. Accounts receivable
Consider the following simplified financial statements for the Wims Corporation (assuming no income taxes): Income Statement Balance Sheet Sales $ 28,000 Assets $ 9,700 Debt $ 4,600 Costs 13,400 Equity 5,100 Net income $ 14,600 Total $ 9,700 Total $ 9,700 The company has predicted a sales increase of 9 percent. It has predicted that every item on the balance sheet will increase by 9 percent as well. Create the pro forma statements and reconcile them. What is the plug variable here? Multiple Choice $15,455 $15,437 $24,241 $15,441 $15,432
Consider the following simplified financial statements for the Wesney Corporation (assuming no income taxes): Income Statement Sales Costs $ 30,900 23,060 Net income $7,840 Total Assets Sales Costs Net income Pro forma income statement Balance Sheet $ Debt 25,450 Equity The plug variable is $ 25,450 The company has predicted a sales increase of 12 percent. It has predicted that every item on the balance sheet will increase by 12 percent as well. Assets Create the pro forma statements and reconcile them. (Input all answers as positive values. Do not round intermediate calculations and round your answers to the nearest whole number, e.g., 32.) Total Total Assets $ 6,950 18,500 $ 25,450 in the amount of What is the plug variable? (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) Pro forma balance sheet Debt Equity Total Debt and Equity
am. 13.
Consider the following simplified financial statements for the Wims Corporation (assuming no income taxes): Income Statement Balance Sheet Sales $ 25,000 Assets $ 9,200 Debt $ 4,700 Costs 13,800 Equity 4,500 Net income $ 11,200 Total $ 9,200 Total $ 9,200 The company has predicted a sales increase of 9 percent. It has predicted that every item on the balance sheet will increase by 9 percent as well. Create the pro forma statements and reconcile them. What is the plug variable here?
Please provide solution
Accounting BONUS MARK: A small manufacturing firm, 'G&N Ltd' makes whistles. During November 2,600 whistles were manufactured and 1,450 whistles were sold. Data from the November report are shown below. %24 Selling expenses 25,340 Direct labour 37,752 Interest expense 7,135 Manufacturing 32,760 overhead Direct materials 61,464 Administrative 19,675 expenses
Please help
The income statement for Northeast Co, is shown below. How much is net operating profit after taxes (NOPAT)? (Note: all dollars shown in 000's.) Sales $4,000.00 Costs 2,400.00 Depreciation 200.00 EBIT 1,400.00 Interest Expense 400.00 EBT 1,000.00 |Таx (21%) 210.00 Net Income 790.00 O $1.106.00 O$624.10 O $910.00 O$1.264.00 O$1.000.00
Income statement. Fill in the missing numbers on the following annual income statements for Barron Pizza, Inc., Note: Use a tax rate of 37.5%. Gross profit 169,382| $ 314,945| Selling, general, and administrative expenses -70,490 $ -193,007 Research and development -5,309 $ -7,166 S -3,502 -34,419 S -35,731 Depreciation Operating income 60,523 S 81,390 $ 597 S 1.946 Other income 5. 82,577 S 84,651 EBIT -6,739| S -8,726 Interest expense 74,884/ S 75,925 Income before tax -20,393| S -28,082 S Тахes S. S. 46,802 S 47,453 Net income 16.731.000 S 16731,000 Shares outstanding 2.03 S 2.80 $ Earnings per share %24 %24 %24 %24 %24 %24 %24 %24 %24 %24 %24 %24 %24 %24 %24
Given total Sales of 300.000, gross margin equal to 40% of Sales, total Expenses of 84.000, interest expense of 6.000, and a tax rate of 20% (assume no tax adjustments) what is the ratio of Result to Sales ? a. 8% b. 10% C. 16% d. 24%
The most recent financial statements for Mandy Company are shown below: Balance Sheet $ 32,000 Debt 93,200 Equity $ 125,200 Total Income Statement Sales Costs Taxable income Tax (218) Net Income $91,200 Current assets 66,150 Fixed assets $ 25,050 5,261 Total $ 19,789 Sustainable growth rate Assets and costs are proportional to sales. Debt and equity are not. The company maintains a constant 35 percent dividend payout ratio. No external equity financing is possible. What is the sustainable growth rate? Note: Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16. $ 42,000 83,200 $ 125,200 %

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