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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- What is the project expected unit sales? Accounting questionForeman Publishing Company’s income for the most recent quarter was $500,000, and the averagenet book value (NBV) of assets during the quarter was $1.5 million. If the company has a requiredrate of return of 15% on investment, what was the residual income (RI) for the quarter?Account 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. %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. $2 000 000
- Suppose 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.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 yearsGlobex Corp. has forecasted sales of $30.0 million for next year and expects its cost of goods sold (COGS) to remain at 80% of sales. Currently, the firm holds $2.8 million in inventories, $2.3 million in accounts receivable, and $2.4 million in accounts payable. (Use 365 days are the length of a year in all calculations.) a. Approximately how long does it currently take Globex Corp. to convert raw materials to its finished products and then to sell them? b. On average, how long does it take from the time a sale is made until the time cash is collected from customers? c. Globex Corp. relies on customer credit when it buys raw materials from its suppliers. How long does it take after the firm purchases materials before it sends cash to its suppliers? d. What is the length of Globex Corp.'s cash conversion cycle (CCC)?
- Teal 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)?Determine the percentage increase in annual operating income if Pharoah Corporation increases its selling price by 20% and all other factors (including demand) remain constant. ( Round answer to 2 decimal places, e.g. 15.25% .) Percent increase in profit %One segment of D's Company has the following data: Operating assets of ₱5,000,000; Operating income of ₱750,000. Moreover, the company has a required target ROI of 14% for the said segment Compute the segment's ROI for the year. Assuming that operating assets for the next year increase by 10%. How much would operating income have to increase to reach the target?
