During the most recent fiscal period, Meridian Tech Inc. had a contribution margin of $75,000 and an operating profit of $30,000 on sales of $120,000. Calculate Meridian Tech's: a) Operating Leverage, and b) Profit for next year, assuming sales increase to $144,000.
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- During the current year, Sokowski Manufacturing earned income of $350,000 from total sales of $5,500,000 and average capital assets of $12,000, 000. What is the sales margin?During the current year. Plainfield Manufacturing earned income of $845,000 from total sales of $9,350,000 and average capital assets of $13,500,000. What is the sales margin?During the current year, Sokowski Manufacturing earned income of $350,000 from total sales of $5,500,000 and average capital assets of $12,000,000. A. Based on this information, calculate asset turnover. B. Using the sales margin from the previous exercise, what is the total ROI for the company during the current year?
- Solve this general accounting questionDuring the current year, Sokowski Manufacturing earned income of $347,760 from total sales of $5,520,000 and average capital assets of $12,000,000. A. Based on this information, calculate asset turnover. If required, round your answer to two decimal places. fill in the blank 1 times B. Assume sales margin is 6.3%, what is the total ROI for the company during the current year?. If required, round your answer to one decimal place. fill in the blank 2%Swann Systems is forecasting the following income statement for the upcoming year: Sales 5,000,000 Operating costs (excluding depreciation and amortization)(3,000,000) EBITDA 2,000,000 Depreciation and amortization (500,000) EBIT 1,500,000 Interest (500,000) EBT 1,000,000 Taxes (40%) (400,000) Net income 600,000 The company’s president is…
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