Question: Consider the following condensed Income Statement: 2015 Sales COGS $8,000,000 6,500,000 Gross Profit 1,500,000 Sales growth in 2016 is expected to be 15%. If COGS is assumed to vary directly with sales, then Gross Profit for 2016 will be
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- Perform a vertical analysis of the P&L (FS Company). "Formula: Vertical Analysis % - Each income statement items / Revenues (or Net sales) Fill in each Blank. Round your answers to the nearest tenth percent, i.e. 4.5%. PLEASE SUBMIT YOUR ANSWERS IN % and include the % symbol. Do not leave any blank. If the answer is 0, be sure to put 0. Cost of goods sold Gross profit Net sales $858,000 Select] Other expenses Interest revenue Income from operations Interest expense 2018 Income before income taxes Income tax expense Net income 513,000 345,000 244,000 101,000 4,000 24,000 81,000 33,000 FS Company Comparative P&L statement Years Ended December 31, 2018 and 2017 48,000 % of sales Select J [Select] | Select | [Select] [Select] [Select] [ Select] Select] Select > >Can you please give answer?Consider the following information that you propose to use to obtain an estimate of year 2004 EPS for the MacLog Company. Estimated Year 2019 Year 2020 GDP 11,000 Billion GDP growth 3.5% Sales per share $800 Operating profit margin 12% Depreciation/Fixed Assets 14% Fixed asset turnover 2 Interest rate 3.5% Total asset turnover 0.7 Debt/Total assets 45% Tax rate 36% In addition, a regression analysis indicates the following relationship between growth in sales per share for MacLog, and GDP growth is %Δ Sales per share = 0.015 + 0.75(%Δ GDP) Refer to Exhibit 9.6. Calculate the firm's level of Total Assets per share for the year 2020. a. $1,385.77 b. $1,113.58 c. $1,050.65 d. $1,065.67 e. $1,190.06
- Suppose a firm has had the following historic sales figures. Year: 2009 2010 2011 2012 2013 Sales $3,300,000 $3,550,000 $3,200,000 $3,800,000 $3,400,000 What would be the forecast for next year's sales using the average approach? Next year's salesCalculate Sales Revenue for Company XYZ Ltd for 2016; if Market Demand = 18 million, XYZ's Market Share 12%, Average Selling Price = $15: $32.4 million $30 million. $22.5 million O $27 millionwhat is the increase in sales? general accounting question
- Suppose a firm has had the following historic sales figures. Year: 2009 2010 2011 2012 2013 Sales $1,420,000 $1,720,000 $1,600,000 $2,010,000 $1,770,000 What would be the forecast for next year's sales using regression to estimate a trend? Next year's salesForecast the next year Income Statement using the base year and growth rates. Use all formulas, not numbers. Sales Cost of Sales Gross Margin Operating Expenses R&D Operating Profit Interest Expense Income before taxes Income Taxes Net Income Base Year Forecast Growth rate 100 888898 50 50 20 10 20 4 16 4 12 20% 15% 15% 25% 100% 25% RATEUse historic growth in total revenues from 2017 to 2017 to show the total revenue for 2019. Use historic rate of the total cost of revenue to total revenue to show total cost of revenue.
- Need detailed help with the proforma income statementCalculate Gillian Pool and Spa Supplies’ average annual compound growth rate of sales, and analyze its earnings performance for the past five years.assuming the following ratios are constant, what is the growth rate? Total asset turnover 1.7 Profit margin0.072 Total assets/Equity = 2.15 Payout ratio0.42