Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

2019 Revenue 40000 COGS fixed 20001 COGS variable 20000 Gross Profit 18000 OpEx fixed 8001 OpEx variable 80001 Depreciation 1680 |EBIT 7520 interest all fixed

image text in transcribed

2019 Revenue 40000 COGS fixed 20001 COGS variable 20000 Gross Profit 18000 OpEx fixed 8001 OpEx variable 80001 Depreciation 1680 |EBIT 7520 interest all fixed 9001 EBT 66201 Tax (920) 13241 Net Income 5296 Preferred Stock Dividend 20001 Earning available to 32961 Common Stockholder If we forecast 2020 revenue increase by 25% and the depreciation will remain the same Type in one thousand as 1000 minus one thousand as-1000 The 2020 Gross profit will be 18000 The 2020 EBIT will be 17520 The 2020 Earning available to common stockholder will be

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Intermediate Accounting principles and analysis

Authors: Terry d. Warfield, jerry j. weygandt, Donald e. kieso

2nd Edition

471737933, 978-0471737933

More Books

Students also viewed these Accounting questions

Question

a. What is the name of the university?

Answered: 1 week ago