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can you explain a little how to find these answers? thank you Cute Camel Woodcraft Company's income statement reports data for its first year of
can you explain a little how to find these answers?
Cute Camel Woodcraft Company's income statement reports data for its first year of operation. The firm's CEO would like sales to increase by 25% next year, 1. Cute Camel is able to achieve this level of increased sales, but its interest costs increase from 10% to 15% of earnings before interest and taxes (EBIT). 2. The company's operating costs (excluding deprecation and amortization) remain at 70% of net sales, and its depreciation and amortization expenses remain constant from year to yeat. 3. The company's tax rate remains constant at 25% of its pre-tax income or earnings before taxes (EBT). 4. In Year 2, Cute Camel expects to pay $200,000 and $1,281,375 of preferred and common stock dividends, respectively. Complete the Year 2 income statement data for Cute Camel, then answer the questions that follow. Be sure to round each dollar value to the nearest whole dollar. Complete the Year 2 income statement data for Cute Camd, then answer the questions that follow, Be sure to round each dollar value to the nearest whole dollar. Given the results of the previous income statement calculations, complete the following statements thank you
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