The management team at Everest Retail Inc. is looking toward the future. They want to maintain a gross profit margin of 45%. If the estimate for net sales in 2025 is $6.5 million, how much gross profit will be necessary?
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- What is the pro forma net income expected to be ?Provide correct answer. What are the projected sales sales for the last year before the sales?Lanigan Logistics needs to evaluate its financial needs for 2024. It is believed that the relationship between sales and balance sheet items will remain constant when compared to 2023 figures. In 2023 LL expects sales of £4 million with net income of £0.5 million and a 50% dividend payout ratio. Sales for 2024 are forecast at £5 million with net income constant at £0.5 million. Based on the projected balance sheet below, estimate the company's external funding requirements for 2024. Lorenzo Logistics Balance Sheet 2023 Assets Current Assets £410,000 Net Fixed Assets 1,150,000 Total £1,560,000 Liabilities and Equity Accounts Payable £450.000 Long Term Debt 350,000 Total Liabilities £800.000 Common Stock £100,000 Additional Paid in Capital 210,000 Retained Earnings 450,000 Total Equity £760,000 Total £1,560,000
- Calculate the ROE and retention rate (1 - payout ratio) for the company Oracle for the years 2019-2023. Then calculate then calulcte the sustainable growth (ROE * Retention Rate) for each year and find the average g. You can use online data to figure it out. I keep getting 140% and I'm wondering if it's wrong or if I'm using not using the right data. Please calculate the actual Oracle Data from online. I know how to do it I just want to know what data to get and where to get it since I keep geeting an impossible number. ** Can you just give me the payout ratios for Oracle from year 2019 to year 2023. I can do the rest.***Study the information given and answer the following questions independently:1. Use the contribution margin ratio to calculate the sales value required to break even.2. Calculate the margin of safety (as a percentage).3. Determine the sales volume required to achieve double the forecast operating profit for 2024.4. Suppose Tiffany Ltd is considering a R50 per unit decrease in the selling price of the product, with the expectation that this would increase the annual sales volume by 25%. Calculate the total Contribution Margin and Operating Profit/Loss.5. Determine the selling price per unit (expressed to the nearest cent) that would enable Tiffany Ltd to break even, if all 30 000 units are produced and sold.level of net income, what level of sales will the company have to achieve? Assume that Hebner's interest CEO is unhappy with the forecast and wants the firm to achieve a net income equal to $240,000. In order to achieve this the company's sales were to increase to $1.5 million, its cost of goods sold would increase to $900,000. The company's Question 10 Hebner Housing Corporation has forecast the following numbers for this upcoming year: Sales = $1,000,000. Cost of goods sold = 600,000. Interest expense = 100,000. Net income = 180,000. The company is in the 40 percent tax bracket. Its cost of goods sold always represents 60 percent of its sales That is if pense remains constant. Question 11
- Your boss has just presented you with the summary in the accompanying table of projected costs and annual receipts for a new product line. He asks you to calculate the IRR for this investment opportunity. What would you present to your boss, and how would you explain the results of your analysis? (It is widely known that the boss likes to see graphs of PW versus interest rate for this type of problem.) The company’s MARR is 10% per year.Finally, assume that the new product line isexpected to decrease sales of the firm’s otherlines by $50,000 per year. Should this be considered in the analysis? If so, how?Sedgwick Inc. is considering Plan 1 which is estimated to have sales of $40,000 and costs of $15,500. The company currently has sales of $37,000 and costs of $14,000.Compare plans using incremental analysis. If Plan 1 is selected, there would be incremental decreaseincrease in profit by $ .