Assume the following revenue data for a company: Year Revenue 2022 $3,800,000|| 2021 $3,500,000 2020 $2,900,000| If 2020 is the base year, what is the percentage increase in revenue from 2020 to 2022?
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- What is the gross profit percentage for each year?Velocity Enterprises recorded the following sales data please answer the financial accounting questionAssume the following sales data for a company: 2023 $966000 2022 871000 2021 696800 If 2021 is the base year, what is the percentage increase in sales from 2021 to 2022? А. 25% В. 139% С. 125% D. 39%
- What does this say about the company's profitability?The following represents the target's accounting data you have estimated for the years 2024-2025. Assume that all of these numbers are end-of-year data (i.e. today is January 1st, 2024 and the revenues, etc. are at the end of 2024, 2025). In addition, you have the following information for the target and the acquiring firm. Revenues 2024 $150,000,000 2025 $160,000,000 Cost of Goods Sold Depreciation A&G $40,000,000 $60,000,000 $12,000,000 $20,000,000 $8,000,000 $15,000,000 $4,000,000 $5,000,000 Retained Earnings $6,000,000 Target Acquiring Firm Interest B-2.0 Taxes=40% Cap Structure: Debt-20% # of Shares Outstanding 4,000,000 Current Price per Share = $30 Est. Future Growth Rate=6% $7,000,000 Cap Structure: Debt-65% Taxes = 30% Other Information T-bond rate 5% Mkt Risk Premium = 10% 0 (15 points) Calculate the appropriate cashflows. (10 points) Calculate the appropriate discount rate for the acquiring firm based on the value of the target. (5 points) Why is this rate so high? (15…Forecast income statement - ALL FIGURES IN $ MILLION Financial year ending 31 March 2023 2024 2025 Revenue 165.0 180.0 210.0 Less: Operating expenses 120.0 128.0 145.0 Operating earnings before depreciation 45.0 52.0 65.0 Less: Depreciation 30.0 32.0 25.0 Earnings before interest and tax (EBIT) 15.0 20.0 40.0 Less: Interest expense 5.0 5.0 5.0 Earnings before tax 10.0 15.0 35.0 Less: Tax expense 2.8 4.2 9.8 Net profit (earnings) 7.2 10.8 25.2 In addition, you have collected the following information: Operating working capital (OWC) in each year will be 10% of revenue in that year Capital expenditure (capex) will be $25 million in each year The corporate tax rate is 28%. What is Electrix's free cash flow to the firm (FCF) in year 2025? Thanks!
- 1. What this ratio tells us about? 2016 2017 2018 2019 Number of days of payables (purch.) Net operating cycle Operating cycle 82.50 days 66.95 days 54.02 days 47.23 days 2. Do you like the situation in this company? 3. What are your recommendationd to improve the situation?Using data available in the case, calculate the annual growth rate from 2020 to 2021 (in percentages). All calculations should be rounded to two decimals (e.g., 12.77%). > Answer is complete but not entirely correct. 2021 2020 2020-2021 Revenue 2,057,622 1,736,432 18.50 % Cost of Goods Sold 1,259,830 921,980 36.64 % Gross Profit 797,792 814,452 (1.02) % Operating Expenses 789,795 570,245 38.50 % Operating Income 7,997 244,207 2,953.73% Net Income 14,553 191,960 (92.42) %What do these numbers say about the company?
- The following information pertains to JCU Company. All dollar amounts are in thousands. If JCU is computing trend percentages with 2018 as the base year, what % will 2019 sales be? Sales Gross Margin Net operating income Net income Year 2020 $58,000 $17,500 $3,200 $1,750 2019 $51,000 $15,100 $2,850 $1,400 2018 $47,000 $13,800 $2,100 $1,100If Sunland Company had net income of $354,960 in 2022 and it experienced a 16% increase in net income over 2021, what was its 2021 net income? Net income $If Pharoah Company had net income of $313,200 in 2022 and it experienced a 16% increase in net income over 2021, what was its 2021 net income? 2021 Net Income $
