If a company's sales are $650,000 in 2021, and this represents an 5% increase over sales in 2020, what were sales in 2020? (Round your answer to the nearest dollar amount.)

Q: The sales and profit for two years are as bele Sales Profit 2019 50000 15000 2020 90000 35000…

A: Ans. PV ratio is measured by the rate of change of profit due to change in the volume of sale.

Q: An engineer in 1950 was earning $6,100 a year. In 2020, she earned $81,000 a year. However, on…

A: Inflation refers to an increase in the overall price of commodities over a period. It is used to…

Q: Sales are $2.6 million in 2020, $2.7 million in 2021, and $2.5 million in 2022. What is the…

A: Given information is: Sales in 2020 = $2.6 million Sales in 2021 = $2.7 million Sales in 2022 = $2.5…

Q: Austin Grocers recently reported the following 2019 income statement (in millions of dollars):…

A: The income statement analysis is a part of the financial statement analysis that is used to find out…

Q: Nikul

A: To forecast the sales for the next year using the FORECAST.ETS function in Excel, we need to first…

Q: Complete a trend analysis for sales, using 2019 as the base year. (Round your answers to the nearest…

A: Given:

Q: Calculate Sales Revenue for Company XYZ Ltd for 2016; if Market Demand = 18 million, XYZ's Market…

A: Market demand is the entire demand of that product in total market. Market share is proportion of…

Q: 1. Sales revenues should increase by 3% in 2021: 4% in 2022 and decreased by 3% in 2023 and remains…

A: Since you have posted question with multiple sub-parts, we will do the first three sub-parts for…

Q: Annual revenue for a company grew by 5.4% in 2014, 1.2% in 2015, -3.6 % in 2016, -1.2% in 2017, and…

A: Mean growth is the goemetric averge of the five years of growth considering the impact compounding…

Q: Master Paint Industries' sales in 2019 were $18 million, while in 2017 they were $10 million.…

A: Sales revenue is the revenue generated from the regular operations of the company. The sales growth…

Q: Sales last year during June were $20,000. Sales this June were $21,500. What percentage increase or…

A: Sales refer to a company’s top line. Sales figure are not constant each year but changes with change…

Q: Quantitative Problem 1: Beasley Industries' sales are expected to increase from $4 million in 2019…

A: Current level of sales=$4million or $4000000 Expected level of sales=$5 million or $5000000…

Q: on the pro forma income statement sales are expected to increase by 23%. If the net margin is…

A: Profit margin is calculated as (Net profit / Sales) * 100.However, in the present question, the net…

Q: The table given below summarizes the 2022 income statement and end-year balance sheet of Drake's…

A: Debt-to-asset ratioThe ratio that determines the usage of debt in financing the company's assets is…

Q: The following is a scatterplot for a company's actual annual sales (in millions of dollars) for 11…

A: Annual sales refer to the total revenue generated by a company from the sale of its products or…

Q: Suppose a firm has had the following historic sales figures. Year: 2016 2017 2018 2019 2020…

A: The objective of the question is to forecast the next year's sales using the naïve approach. The…

Q: If Cell Enterprise sales in 2019 were $150 million and growing at 7% per year, calculate the growth…

A: Sale in 2019 = $ 150 million Annual growth rate = 7% Growth period = 8 Years

Q: A company expects sales of $420 million next year assuming a 20% increase from the previous year.…

A: Sales revenue refers to the revenue earned by the company during the period. Under accrual…

Q: Quantitative Problem: Beasley Industries' sales are expected to increase from $5 million in 2017 to…

A: For increase in sales there is need of increase in assets and liabilities for which there is need of…

Q: Use the AFN equation to forecast Broussard's additional funds needed for the coming year. Enter your…

A: Computation of AFN forecast equation to raise the additional funds that are required : = (Assets /…

Q: Stetson Inc.'s sales for the 2021 were $16 million. Sales were $8 million 5 years earlier. (a) At…

A: The exchange of products or services for monetary compensation between a seller and a buyer is…

Q: Broussard Skateboard's sales are expected to increase by 20% from $7.0 million in 2019 to $8.40…

A: Additional fund needed(AFN) is the amount of funds that company raise from external sources to…

Q: Industries' sales are expected to increase from $5 million in 2017 to $6 million in 2018, or by 20%.…

A: A company needs additional funds to finance the increase in assets required to support the increase…

Q: ’s 2005 sales were $100 million. If sales grow at 8% per year, how large will they be 10 years…

A: Given, Present level of sales = $100 Million Growth rate = 8% No. of years = 10

Q: unland Corp had sales of $389,000 in 2017. If management expects its sales to be $476,450 in 4…

A: The question is based on the concept for calculation of annual growth rate . Formula as :…

Q: It is currently the beginning of 2024. The information regarding a company is below: • Sales was…

A: Given that the sales for 2023 were $350 million and they are expected to grow at 6% per year during…

Q: What should be the projected sales for year 2017? Show your solution.

A: Information provided: Sales for the years: 2013-2016 = 7M, 8M, 9M, 12M Projected rate = 10%

Q: Suppose a firm has had the following historic sales figures. Year: 2016 2017 Sales $1,480,000…

A: Forecasting refers to the measure of the possible performance of an asset. It is usually calculated…

Q: In 1989, the average price of a domestic car was $8,250. Thirty years later, in 2019, the average…

A: Initial Value in 1989 = $8,250Final Value in 2019 = $36,800Number of years (n) = 2019 - 1989 = 30…

Q: What is the adjusted cash flow from asset in 2018?    What is the predicted adjusted cash flow…

A: Adjusted cashflow (ACF) or net cashflow is the net earnings of the firm after deducting all cash…

Q: The table given below summarizes the 2022 income statement and end-year balance sheet of Drake's…

A: The ratio known as the debt-to-asset ratio establishes how much debt is used to fund a company's…

Q: The aggregate expenditure for a simple economy in 2016 was $9 million. The table below shows…

A: First, we will calculate the aggregate expenditure of the government which includes Consumption,…

Q: In 2025, King’s Drug Company experienced a significant increase in the rate of gross profit on…

A: LIFO (Last In, First Out): LIFO, or Last In, First Out, is an inventory valuation method used by…

Q: If sales are $937,900 in 2025 and this represents a 13% increase over sales in 2024, what were sales…

A: Horizontal analysis of income statement is a analysis of income statement in which current year…

Q: Sales are 2.42 million in 2023, 2.52 million in 2024, and 2.32 million in 2025. What is the…

A: Comparative analysis of financial data refers to the process of evaluating and comparing financial…

Q: In 2020 Coca Cola reported net operating revenues of P18.2 billion and cost of goods sold for P0.8…

A: Formula: Gross profit = Net operating revenue - Cost of goods sold

Q: Based on the following data below: In 2019: Total Sales= 1.5 billion with the Motor Category…

A: Sales revenue is total income earned by an organization by selling all its units. It is computed by…

Q: If sales are $1,150,000 in 2025 and this represents a 15% increase over sales in 2024, what were…

A: There may be an increase in sales from the previous year to the current one because of the…

Q: Sawyer Corporation's 2015 sales were $9 million. Its 2010 sales were $4.5 million. At what rate…

A: Computation of the growth rate of sales is shown as follows: Hence, the growth rate in sales is…

Q: If sales are $1,046,500 in 2025 and this represents a 15% increase over sales in 2024, what were…

A: Lets understand the basics. Management generally do two type of analysis which are, (1) Verticle…

Q: Sawyer Corporation's 2018 sales were $5 million. Its 2013 sales were $2.5 million. a. At what rate…

A: A company sells its products and services.   This is done to generate revenue and earn a profit.

Q: Cochrane Associate's net sales last year were $525 million. If sales grow at 7.5% per year, how…

A: The objective of the question is to calculate the future value of Cochrane Associate's net sales…

Q: A company's sales in 2019 were $100 million. If sales grow at 9%, what will they be 10 years later,…

A: Company sales in 2029 is future value of sales in 2019 grown at 9%