Quantitative Problem: At the end of last year, Edwin Inc. reported the following income statement (in millions of dollars): Sales Operating costs (excluding depreciation) EBITDA $4,280.00 3,021.00 $1,259.00 315.00 $944.00 150.00 $794.00 198.50 595.50 Looking ahead to the following year, the company's CFO has assembled this information: Year-end sales are expected to be 6% higher than $4.28 billion in sales generated last year. ▪ Year-end operating costs, excluding depreciation, are expected to increase at the same rates as sales. . Depreciation costs are expected to increase at the same rate as sales. . Interest costs are expected to remain unchanged. . The tax rate is expected to remain at 25%. Depreciation. EBIT Interest EBT Taxes (25%). Net income On the basis of this information, what will be the forecast for Edwin's year-end net income? Enter your answers as positive values. Enter your answers in millions. For example, an answer of $10,550,000 should be entered as 10.55. Do not round intermediate calculations. Round your answers to two decimal places. Edwin Inc. Income Statement Sales Operating costs (excluding depreciation) EBITDA Depreciation EBIT Interest EBT Taxes (25%) Net income $ (in millions of dollars) $ $ $ $ J. $

Swiss Group reports net income of $39,000 for the year. At the beginning of the year, Swiss Group had $195,000 in assets. By the end of the year, assets had grown to $245,000. What is Swiss Group's return on assets for the current year? Did Swiss Group perform better or worse than its competitors if competitors average an 13% return on assets? Complete this question by entering your answers in the tabs below. Return on Assets Group Perform What is Swiss Group's return on assets for the current year? Numerator: Denominator:

AMT. Inc.'s net income for this quarter is $500,000. The publicized return on assets (ROA) is 34.5 % . Estimate the firm's total asset to the closet possible. a. $1,500,000 c. $2,450,000 b. $ 1,450,000 d. $2,005,500

A. Income StatementAt the end of the last year, King Power Company achieved $6 million in income (EBITDA). Depreciation expense was $1.2 million, interest expense was $800,000 and the corporate tax rate was 35%. At the end of the fiscal year the company had current assets totaling $12 million, $4 million in accounts payable, $1.5 million in accrued liabilities, $1.3 million in other payables, and $8 million in property, plant, and equipment. Assume that King Power has no excess cash, uses debt and equity to finance its operations, has no current liabilities, and recognizes depreciation periodically. Determine the company's net income or loss. Explain how this result can help the manager in making decisions in the company.2. Calculate net and operating working capital. Explain the difference between the two results.3. If the company had $6 million in property, plant, and equipment in the previous year and net operating working capital remained constant, what is the company's available…

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14. Briggs Company has operating income of $33,516, invested assets of $133,000, and sales of $478,800. Use the DuPont formula to compute the return on investment. If required, round your answers to two decimal places. a.  Profit margin   ____ % b.  Investment turnover   ____ c.  Return on investment   ____ %

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Gibson Corporation’s balance sheet indicates that the company has $580,000 invested in operating assets. During the year, Gibson earned operating income of $67,280 on $1,160,000 of sales.  Required Compute Gibson’s profit margin for the year. Compute Gibson’s turnover for the year. Compute Gibson’s return on investment for the year. Recompute Gibson’s ROI under each of the following independent assumptions:(1) Sales increase from $1,160,000 to $1,392,000, thereby resulting in an increase in operating income from $67,280 to $76,560.(2) Sales remain constant, but Gibson reduces expenses, resulting in an increase in operating income from $67,280 to $69,600.(3) Gibson is able to reduce its invested capital from $580,000 to $464,000 without affecting operating income.

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