XYZ Manufacturing reported unit sales of 8,500 units for the third quarter. If the company expects a 6 percent growth rate, what would be the projected unit sales?
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- Cordell, Inc., has an operating leverage of 3. Sales are expected to increase by 9% next year. What is the expected change in operating income next year?The Blazer Company's EPS last year, EPSo, was $1.50. Blazer expects sales to increase by 15% during the coming year. If Blazer has a degree of operating leverage equal to 1.25 and a degree of financial leverage equal to 3.50, then what is its expected EPS or EPS₁? Hint: First, find DTL where DTL= DOL x DFL. Note: This is a web appendix 14A topic. O $2.48 O $2.87 O $2.02 O $1.66Provide correct answer. What are the projected sales sales for the last year before the sales?
- Dozier Corporation is a fast-growing supplier of office products. Analysts project the following FCF during the next 3 years, after which FCF is expected grow at a constant 8 percent. Dozier’s WACC = 13%. Time YEAR 1 2 3 4 FCF (million) 20 30 40 8% growth 1. What is Dozier’s terminal, or horizon value (value of operation at time 3 for constant part)? 2. What is the current value of operations (present value of all cash flow)?The table below gives a detailed forecast of the size of the market by production volume. Assume that KXS expects to capture 10.20% of the market share in 2018 and expects that percentage will increase by 0.24% per year. KXS currently has the capacity to produce a maximum of 1100 thousand units. What production capacity will KXS require each year? When will an expansion become necessary (that is, when will production volume exceed 1100 thousand units)? Year 2018 2019 2020 2021 2022 2023 Production Volume (000 units) Market Size 10,000 10,453 11,048 11,591 12,151 12,728Suppose the company has just the opposite news and now expects unit sales for August, September, and October to be double (200%) the original estimates. What effect will this have on the company’s net income and borrowing? Explain your findings.
- Cordell, Inc., has an operating leverage of 3. Sales are expected to increase by 9% next year. What is the expected change in operating income next year?fill in the blank 1 % Increase or Decrease?Jasmine Manufacturing wishes to maintain a sustainable growth rate of 10.25 percent a year, a debt-equity ratio of .46, and a dividend payout ratio of 29.5 percent. The ratio of total assets to sales is constant at 1.29. What profit margin must the firm achieve?Jasmine Manufacturing wishes to maintain a sustainable growth rate of 9.25 percent a year, a debt-equity ratio of .50, and a dividend payout ratio of 27.5 percent. The ratio of total assets to sales is constant at 1.25. What profit margin must the firm achieve in order to meet its growth rate goal?
- Suppose that Gyp Sum Industries currently has the balance sheet shown. below, and that sales for the year just ended were $9.5 million. The firm also has a profit margin of 25 percent and a retention ratio of 30 percent, and expects sales of $7.5 million next year.The table here,, gives a detailed forecast of the size of the market by production volume. Assume that KMS expects to capture 10.20% of the market share in 2022 and expects that percentage will increase by 0.23% per year. KMS currently has the capacity to produce a maximum of 1,100,000 units. What production capacity will KMS require each year? When will an expansion become necessary (that is, when will production volume exceed 1,100,000 units)? The Tax Cuts and Jobs Act of 2017 temporarily allowed 100% bonus depreciation (effectively expensing capital expenditures). However, we will still include depreciation forecasting in this chapter and in these problems. KMS's market share for 2022 is Data table units. (Round to the nearest integer.) (Click on the following icon in order to copy its contents into a spreadsheet.) Year Production Volume (000 units) Market Size Market Share 2022 2023 2024 2025 2026 2027 10,000 10.20% 10,350 11,036 11,593 12,130 12,762 10.43% 10.66% 10.89% 11.12%…Suppose a firm has had the following historic sales figures. What would be the forecast for next year's sales using the average approach? Year: 2009 2010 2011 2012 2013 Sales $1,500,000 $1,750,000 $1,400,000 $2,000,000 $1,600,000