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Given COGS you can immediately determine Gross Profits = Revenues - COGS, and you obtain: Assumption T+1 Estimated T+1 FY T-1 FYT FY T-2 11,279,000 10,836,000 11,343,000 11,966,865 8,465,000 7,934,000 8,120,000 8,376,806 Period Ending Total Revenue Cost of Revenue Gross Profit 2,814,000 2,902,000 3,223,000 3,590,060 SG&A 1,427,000 1,247,000 1,364,000 1,436,024 SG&A as a percentage of sales has held fairly constant in the recent years. Use a rounded percentage to estimate SG&A for FY T+1. What is your $K estimate for SG&A? 5.5% 70%

Given COGS you can immediately determine Gross Profits = Revenues - COGS, and you obtain: Assumption T+1 Estimated T+1 FY T-1 FYT FY T-2 11,279,000 10,836,000 11,343,000 11,966,865 8,465,000 7,934,000 8,120,000 8,376,806 Period Ending Total Revenue Cost of Revenue Gross Profit 2,814,000 2,902,000 3,223,000 3,590,060 SG&A 1,427,000 1,247,000 1,364,000 1,436,024 SG&A as a percentage of sales has held fairly constant in the recent years. Use a rounded percentage to estimate SG&A for FY T+1. What is your $K estimate for SG&A? 5.5% 70%

Essentials Of Investments
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
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Given COGS you can immediately determine Gross Profits = Revenues - COGS, and you obtain: Assumption T + 1 Period Ending Total Revenue Cost of Revenue Gross Profit SG&A Multiple Choice $1,236,326 2,814,000 2,902,000 3,223,000 3,590,060 1,427,000 1,247,000 1,364,000 1,436,024 SG&A as a percentage of sales has held fairly constant in the recent years. Use a rounded percentage to estimate SG&A for FY T+1. What is your $K estimate for SG&A? $1,337,955 $1,436,024 Estimated T + 1 $1,521,378 FY T-2 FY T-1 FY T 11,279,000 10,836,000 11,343,000 11,966,865 8,465,000 7,934,000 8,120,000 8,376,806 5.5% 70%
Transcribed Image Text:Given COGS you can immediately determine Gross Profits = Revenues - COGS, and you obtain: Assumption T + 1 Period Ending Total Revenue Cost of Revenue Gross Profit SG&A Multiple Choice $1,236,326 2,814,000 2,902,000 3,223,000 3,590,060 1,427,000 1,247,000 1,364,000 1,436,024 SG&A as a percentage of sales has held fairly constant in the recent years. Use a rounded percentage to estimate SG&A for FY T+1. What is your $K estimate for SG&A? $1,337,955 $1,436,024 Estimated T + 1 $1,521,378 FY T-2 FY T-1 FY T 11,279,000 10,836,000 11,343,000 11,966,865 8,465,000 7,934,000 8,120,000 8,376,806 5.5% 70%
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