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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How much gross profit will be necessary? Accounting
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- The TTF Corporation is trying to analyze how much financing it will need next year. With the recent economic recovery, more people are starting to purchase their products and thus TTF believes Sales will grow by 25% in 2024. They also believe that all assets and spontaneous liabilities will grow at the same rate as sales. TTF estimates its Net Profit Margin in 2024 will be 6% and it will pay out 40% of Net Income as a dividend. Use the below information to answer the following questions: Item 2023 Accounts Payable 200 Accounts Receivable 500 Accruals 500 Advertising Expense 750 Cash 1,500 Common Stock 1,500 Cost of Goods Sold 3,500 Depreciation Expense 300 Interest Expense 250 Inventory 800 Long Term Debt 1,000 Net Fixed Assets 3,200 Notes Payable 800 Retained Earnings 2,000 Sales 5,000 Taxes 50 The common size entry for Taxes in 2023 is 1 Outside Funds Needed in 2024 is $ 1100 %. (Input number only) (Input number only)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 £1,560,000Calculate 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.***Answer the following lettered questions on the basis of the information in this table: Amount of R&D, $ Millions Expected Rate of Return on R&D, % $ 10 16 20 14 30 12 40 10 50 8 60 6 Instructions: Enter your answer as a whole number. a. If the interest-rate cost of funds is 8 percent, what is this firm's optimal amount of R&D spending? million %24
- The company is looking to invest $800,000 for two addition lines for production. Our current ROI targets are at 15%. These two lines would then produce annual profits of $65,000 for each line. Do you think the company should move forward with this purchase?B&B has a new baby powder ready to market. If the firm goes directly to the market with the product, there is only a 55 percent chance of success. However, the firm can conduct customer segment research, which will take a year and cost $1.18 million. By going through research, the company will be able to better target potential customers and will increase the probability of success to 70 percent. If successful, the baby powder will bring a present value profit (at time of initial selling) of $18.8 million. If unsuccessful, the present value payoff is only $5.8 million. The appropriate discount rate is 15 percent. Calculate the NPV for the firm if it goes to market immediately and if it conducts customer segment research. (Do not round intermediate calculations and enter your answers in dollars, not millions of dollars, rounded to 2 decimal places, e.g., 1,234,567.89.)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.