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Sales $300,000, cost $265,000, year end of $2000,00 effect on ROE if 60% dbt ratio
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Last year Charter Corp. had sales of $300,000, operating costs of $265,000, and year-end assets of $200,000. The debt-to-total-assets ratio was 25%, the interest rate on the debt was 10%, and the firm's tax rate was 35%. The new CFO wants to see how the ROE would have been affected if the firm...
Finding total sales with cm 40% BE $200,000 w/ net income 50,000 after tax 50%
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What is the formula to calculate total sales for a year when you have CM%, BE point in Sales$ with X Net income after tax of 50%??
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3. Ruby’s projected budgeted credit sales for the first three months of 2008 are as follows: January $250,000 February $300,000 March $340,000 Ruby’s expects to collect 30% of the sales dollars in the month of the sale and 70% in the month following the sales. How much cash does... View more questions Search
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