ABC Company has December unit sales of 12,000 units. Assuming a 5 percent growth, what is the projected unit sales?
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Abc company has December unit solution accounting questions
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- Assume a company sold 28,000 units last year and ncrease the sales commission by $2 per unit. What does this meanAccount questions: Assuming that a company has $365 million in annual sales, and a gross margin of 20%, how much investment will each additional day of sales in inventory require?Zephyr sales company has sales of 1.125 million. If the company's management expects sales to grow 6.5 percent annually, how long will it be before sales double?
- TransCan Industries has been operating at 55 percent capacity the past few years. In each of these years, TransCan generated sales of $7.15 million. By what percentage can TransCan increase its sales before full capacity is reached? Round your answer to two decimal places. %Philip Inc. expects their sales to increase by $900,000 next month. If their CMR is calculated as 48%, operating income of the next month would be expected to: Group of answer choices Increase by $432,000 Decrease by $468,000 Decrease by $432,000 Increase by $468,000A company's sales are expected to be 8,150 units for the coming month. The company likes to maintain 8 percent of unit sales for each month in ending inventory Beginning inventory is 600 units. How many units should the firm produce for the coming month? 8632 7986 8202 8847 8469 QUESTION 10 A company has an operating profit of $750,000. Interest expense for the year was $50,000; preferred dividends paid were $25,500; and common dividends paid w $50,000. The tax was $105,250. The firm has 40,000 shares of common stock outstanding. Calculate the earnings per share for this company. 10.84 O 12.68 9.87 14.23 16.84
- Last year, Garrison Manufacturing sold 500 000 units at $4 each. Sales volume is expected to increase by 15% in the upcoming year, and sales price is expected to decrease by 5% in the upcoming year. The expected sales revenue for the upcoming year is: A. $2 255 000 B. $2 185 000 C. $2 645 000 D. $2 000 000Suppose the company has just the opposite news and now expects unit sales for August, September, and October to be double (200%) the original estimates. What effect will this have on the company’s net income and borrowing? Explain your findings.Data for XYZ Co.• Expected sales volume: 2,250 units in the first quarter,with 250-unit increases in each succeeding quarter.• Sales price: $50 per unit. What was the total sales for each quarter?
- KIEMS ltd has a current sales level of Sh 25,000,000. It has established that sales will be growing at 10% per annum for the next several years. Current assets, fixed assets, creditors and accruals vary directly with sales in the proportions of 70%, 35%, 25% and 8% respectively. On the other hand, income statement bear the following ratios to the level of sales; cost of sales 47%, Administration expenses 25%, Selling expenses 17% and other expenses 20%. The company retains 100% of profits and does not fall in the income tax bracket. Any surplus would be invested in the marketable securities while a deficit would be sourced externally. The current capital structure has been established as follows: Share capital 1,000,000 Long term loans 4,500,000 Retained earnings 1,000,000 Required: Prepare the proforma income statement and statement of financial position after four yearsTeal Company has a DOL of 120%. If sales were to increase by 5%, what is the expected impact on Earnings Before Interest and Tax (EBIT)?PB&J Eatery has a monthly target operating income of $8,400. Variable expenses are 60% of sales and monthly fixed expenses are $12,600. What is PB&J Eatery's operating leverage factor at the target level of operating income? Round answer to one decimal place. Answer: