Wallace Industries reported net income of $724,500 in 2023. If this represents a 20% increase over its 2022 net income, what was Wallace Industries' net income in 2022?
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- If Blue Spruce Company had net income of $312,000 in 2021 and it experienced a 26.6% increase in net income for 2022, what is its net income for 2022? Net incomeIf Sunland Company had net income of $354,960 in 2022 and it experienced a 16% increase in net income over 2021, what was its 2021 net income? Net income $If UPPA Company had net income of $561,600 in 2022 and it experienced a 17% increase in net income over 2021, what was its 2021 net income?
- If Nixon Corporation had a net income of $420,000 in 2018 and it experienced a 19.8% increase in net income for 2019, what is its net income for 2019?If Pharoah Company had net income of $313,200 in 2022 and it experienced a 16% increase in net income over 2021, what was its 2021 net income? 2021 Net Income $If Ivanhoe Company had net income of $627,000 in 2021 which reflected a 20% increase in net income over 2020, what was its 2020 net income? (Round answer to O decimal places, e.g. 5,250.) Net income in 2020 $
- If Sandhill Co. had net income of $423,800 in 2020 and it experienced a 30% increase in net income over 2019, what was its 2019 net income?Swifty Incorporated had average total assets in 2025 of $6343000. It reported sales for of $8209000 that year. Average liabilities for the year were $5187000. Net income for the year was $964136. What is Swifty' return on assets for 2025? O 15.20% 18.59% O 11.74% 6.60%Problem
- C Company has the following data for the year ending 12/31/2020 (dollars are in thousands): Net income = $600; EBIT = $1,184; Total assets = $3,000; Short-term investments = $200; Total capital employed = $2,193; and tax rate = 30%. The company’s WACC is 11.07%. What was its Economic Value Added (EVA) for the year 2020? Round your answer to the nearest dollar. Group of answer choices: $583 $586 $577 $572 $580Pharoah Company reported net sales of $407000, $454000, and $545380 in the years 2021, 2022, and 2023, respectively. If 2021 is the base year, what is the trend percentage for 2023?Coronado Incorporated had average total assets in 2025 of $6345000. It reported sales for of $8217000 that year. Average liabilities for the year were $5199000. Net income for the year was $958095. What is Coronado' return on assets for 2025? O 15.10 % O 18.43% O 6.52% O 11.66%