Can you please give me correct answer? The Franklin Dog & Puppy Motel has current sales of $15,000 and a profit margin of 5%. The firmestimates that sales will increase by 10% while costs are expected to vary directly with sales. Whatis the pro forma net income expected to be?A. $750B. $825C. $1,500D. $2,250

Step 1: Introduction to the IncomeThe principle of business continuity depends largely upon the…

Answered: The Franklin Dog & Puppy Motel has…

Entrepreneurial Finance

6th Edition

ISBN:9781337635653

Author:Leach

Publisher:Leach

Chapter4A: Nopat Breakeven: Revenues Needed To Cover Total Operating Costs

Section: Chapter Questions

Problem 1EP

See similar textbooks

Similar questions

Berries Salad has current sales of RM10,000 and a profit margin of 5%. The firm estimates that sales will increase by 4% next year and all costs will vary directly with sales. What is the pro forma net income? Select one: a. RM500.00 b. RM420.00 c. RM405.60 d. RM520.00
What is the pro forma net income expected to be? On these general accounting question
If cost of sales is $100,000 and the margin is 20% , what is the amount for sales? a. $20,000 b. $120,000 c. $125,000 d. $150,000 The Rocky Point Fishers is a trader in Sea Foods. The firm operates with a standard margin from sales of 1/3. What would be the mark up? a. 1 / 2 b. 1 / 4 c. 2 / 3 d. 3 / 1
Breakeven analysis; target income (LO 1, 2) Reid Recreation Products sells the Amazing Foam Frisbee for $12. The variable cost per unit is $3; fixed costs are $36,000 per month. Required a.What is the annual breakeven point in units? In sales dollars? b.How many frisbees must Reid sell to earn $18,000 in operating income? c.What operating income must Reid earn to realize net income of $16,200, assuming that the company is in the 40% tax bracket? d.How many frisbees must Reid sell to earn $16,200 in net income?
Yogesh Don't upload image please
Solve this early
2. You have the following information: Sales= JD 300 000 Net profit margin= 20%. Required: Calculate Net Income
Q1. Below is the projected financial information provided by Altaf Hussain Manufacturing LLC. The company wants to introduce two new products into the market, Zandu and Eundu. The company provides the following forecasted information of sales and costs. Sales in units Product/Year Year 1 Year 2 Year 3 Year 4 Zandu 60,000 110,000 100,000 30,000 Eundu 75,000 137,000 125,000 37,500 Product Zandu Eundu Direct material costs 14 11 Selling price 31 23 Selling price inflation (per year). 3% Direct material cost inflation (per year) 3% Advertisement cost (First Year) 500,000 Advertisement cost (2nd and 3rd Year) 200,000 Investment 1,000,000 Machinery 1,000,000 Fixed costs 1,000,000 Таx 25% Residual value 1.2million Required: Calculate NPV and IRR of this proposal project using MS Excel. Hint: Calculate expected revenue 2. Expected costs 3. Expected cashflows 1. to calculate NPV and IRR MTEES
O e. The selling price Mazoon Company has fixed costs of $10,000 and a breakeven point of 500 units. If the company plans to produce 600 units, and sales increase by 10%, its operating income will increase by: O a. 10% ОБ. 30% O c. None of the given answers O d. 20% O e. 60% NEXT PAGE PAGE here to search
do this answer is correct?
1. What is the margin of safety in peso value? 2. What is the margin of safety in units? 3. If the company wishes to increase its total peso value contribution margin by 40% in 2021, by how much will it need to increase its sales if all other factors remain constant?
How many units would NUBD Company need to sell to earn a profit after taxes of P15,000?

SEE MORE QUESTIONS

Recommended textbooks for you

Entrepreneurial Finance

Finance

ISBN:

9781337635653

Author:

Leach

Publisher:

Cengage

EBK CONTEMPORARY FINANCIAL MANAGEMENT

Finance

ISBN:

9781337514835

Author:

MOYER

Publisher:

CENGAGE LEARNING - CONSIGNMENT

Entrepreneurial Finance

Finance

ISBN:

9781337635653

Author:

Leach

Publisher:

Cengage

EBK CONTEMPORARY FINANCIAL MANAGEMENT

Finance

ISBN:

9781337514835

Author:

MOYER

Publisher:

CENGAGE LEARNING - CONSIGNMENT

SEE MORE TEXTBOOKS

The Franklin Dog & Puppy Motel has current sales of $15,000 and a profit margin of 5%. The firm estimates that sales will increase by 10% while costs are expected to vary directly with sales. What is the pro forma net income expected to be? A. $750 B. $825 C. $1,500 D. $2,250