 |
|
| Browse | Ask | Answer | Search | Join/Login |
|
|
||||
|
How to calculate the amount of sales necessary to generate 1,1915,200 in net income?
Sales - $6,000,000
Operating cost 3,300,000 EBITDA 2,700,000 Depreciation & Amort 420,000 EBIT 2,280,000 Interest 600,000 EBT 1,680,000 Taxes(40%) 672,000 Net Income 1,008,000 The CEO would like to see higher sales and a forecasted net income of $1,915,200. Assume that operating cost (excluding depreciation and amortization) are 55% of sales, and depreciation and amortization and interest expenses will increase by 7%. The tax rate, which is 40%, will remain the same. What level of sales wold generate $1,915,200 in net income? I |
||||
Check out some similar questions!
Long term Debt Ratio- .35 Current Ratio- 1.30 Current Liabilities- 910 Sales- $6430 Profit Margin- 9.5% Return on Equity- 18.5% The Answer is 4806.83 and I have tried to solve this multiple ways and cannot figure it out. Help!
What is the formula to calculate total sales for a year when you have CM%, BE point in Sales$ with X Net income after tax of 50%??
The aging of Freedom Sales is shown below. Calculate the amount of each periodicity range that is deemed to be uncollectible. The Allowance for Doubtful Accounts carries a credit balance of $1,135.00. Write the adjusting entry for the end of the current year. ANS: Est Uncollectible Accts...
Calculate Net Fixed assets- given, longterm-debt to total assets ratio is 0.70, current ratio of 1.20, current liabilities are $850, sales are $4,310, profit margin is 9.5% and ROE is 21.5%.
How do I calculate the firms sales, margin and net income?
View more questions Search
| Question Tools | Search this Question |
Add your answer here.
|
