In 2015, ABC Corporation’s net income was ₱600,000 and in 2016 it was ₱100,000. What percentage increase in net income must ABC achieve in 2017 to offset the 2016 decline in net income?
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In 2015, ABC Corporation’s net income was ₱600,000 and in 2016 it was ₱100,000. What percentage increase in net income must ABC achieve in 2017 to offset the 2016 decline in net income?
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- Allen Inc.’s net income was P800,000 and in 2026 it was P200,000. What percentage increase in net income must MJP achieve in 2027 to offset the 2026 decline and to maintain the 2025 level in net income?By what percentage did Mydeco's revenues grow each year from 2016 to 2019? (Round to two decimalplaces.) By what percentage did net income grow each year? (Round to two decimalplaces.) Why might the growth rates of revenues and net income differ?Target in 2017 reported net income of $2,934 billion, net sales of $71,879 billion, and average total assets of $38,215 billion. What is Target’s asset turnover? What is Target’s return on assets?
- The data table shows financial statement data and stock price data for Mydeco Corp. Suppose Mydeco had purchased additional equipment for $11.7 million at the end of 2016, and this equipment was depreciated by $3.9 million per year in 2017, 2018, and 2019. Given Mydeco‘s tax rate of 35%, what impact would this additional purchase have had on Mydecco’s net income in years 2016-2019? Assume that the equipment is paid for out of cash and that Mydeco earns no interest on its cash balances. In the table, calculate the new net income below. **round to one decimal place**By what percentage did Mydeco's revenues grow each year from 2016 to 2019? (Round to two decimal places.) By what percentage did net income grow each year? (Round to two decimal places.) Why might the growth rates of revenues and net income differ? (Round to two decimal places.)Suppose that in 2016, Global launches an aggressive marketing campaign that boosts sales by 18%. However, their operating margin falls from 5.57% to 4.7%. Suppose that they have no other income, interest expenses are unchanged, and taxes are the same percentage of pretax income as in 2015. (See Table.) a. What is Global's EBIT in 2016? b. What is Global's income in 2016? c. If Global's P/E ratio (25.2) and number of shares outstanding (3.6 million) remains unchanged, what is Global's share price in 2016? a. What is Global's EBIT in 2016? Global's EBIT in 2016 is $ million. (Round to two decimal places.) b. What is Global's income in 2016? million. (Round to two decimal places.) c. If Global's P/E ratio (25.2) and number of shares outstanding (3.6 million) remains unchanged, what is Global's share price in 2016? Global's share price is $ (Round to the nearest cent.) Global's net income in 2016 is $
- GoPro's earnings before interest and taxes (EBIT) was $190 million. Assuming GoPro's tax rate is 35%, what is their net operating profit after taxes (NOPAT) for 2014 expressed in millions of dollars? a. 66.5 b. 123.5 c. 256.5 d. 292.3See Table 2.5 E showing financial statement data and stock price data for Mydeco Corp. Suppose Mydeco had purchased additional equipment for $12.1 million at the end of 2013, and this equipment was depreciated by $4 million per year in 2014, 2015, and 2016. Given Mydeco's tax rate of 25%, what impact would this additional purchase have had on Mydeco's net income in years 2013-2016? (Assume the equipment is paid for out of cash and that Mydeco earns no interest on its cash balances.) Hhing is the Calculate the new net income below: (Round to one decimal place.) (millions) Year 2013 2014 2015 2016 question Net Income 2$ $ 2$ 2$ Additional Depreciation $ 2$ $ $ Tax Savings 2$ 2$ 2$ 2$ New Net Income $4 2$ 2$ tables Data Table 2012-2016 Financial Statement Data and Stock Price Data for Mydeco Corp. (All data as of fiscal year end; in $ millions) Total Current Assets 165.8 170.2 183.6 190.5 215.9 Income Statement 2012 2013 2014 2015 2016 313.4 346.6 Net Property, Plant & Equipment Goodwill…The Malia Corporation had sales in 2015 of $65 million, total assets of $42 million, and total liabilities of $20 million. The interest rate on the company's debt is 6 percent, and its tax rate is 30 percent. The operating profit margin was 12 percent. What were the company's operating profits and net income? What was the operating return on assets and return on equity? Assume that interest must be paid on all of the debt.
- During 2016, Fly-Us-Again, Inc had total interest expense of P10,000, sales of P1,000,000, income taxes ofP40,000, and a net profit margin of 6%. What is the company's times-interest-earned ratio for 2016? a. 6 times b. 10 times c. 11 times d. 25 imesThe Malia Corporation had sales in 2019 of $65 million, total asswets of $42 million, and total liabilities of $20 million. The interest rate on th company's debt is 6 percent and its tax rate is 21 percent. The operating profit margin was 12 percent. What were the company's operating profits and net income? What was the operating return on assets and return on equity? Assume that interest must be paid on all of the debt.The company’s total assets at year-end 2016 were CHF 131,900 million. What reasonable conclusions an analyst might make about the companies efficiency, Companies solvency, Liquidity and Profitability? In millions of CHF Notes 2018 2017 * Sales 3 91,439 89,590 Cost of goods sold (46,070) (45,571) Trading operating profit 3 13,789 13,277 Operating profit 13,752 10,156 Profit before taxes, associates and joint ventures 12,991 9,460 Taxes 13 (3,439) (2,773) Profit for the year 10,468 7,511 Notes 2018 2017 * Assets Current assets Cash and cash equivalents 12/16 4,500 7,938 Short-term investments 12 5,801 655 Inventories 6 9,125 9,177 Trade and other receivables 7/12 11,167 12,036 Total current assets 41,003 31,884 Total non-current assets 96,012…