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: Sales 2016 $1,900,000 2017 $2,150,000 2018 $1,800,000 2019 $2,400,000 2020 $2,000,000 What would be the forecast for next year's sales using the average approach? Next year's salesSuppose a company has had the historic sales figures shown below. What would be the forecast for next years sales using the average approach?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) %
- Calculate 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 gross profit percentage for each year?The trend analysis report of Doremon Ltd is given below: (in millions) 2020 2019 2018 2017 2016 Profit $670 $602 $460 $407 $402 Trend Analysis percentages 167%150%114%101%100% Which of the following is a correct conclusion from the above analysis? Select one: O a. Profit for the year 2018 has decreased by 14% over that for the year 2016. O b. Profit for the year 2018 has decreased by 114% over that for the year 2016. O c. Profit for the year 2018 has increased by 14% over that for the year 2016. O d. Profit for the year 2018 has increased by 114% over that for the year 2016.