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Could someone please check this for me and also help with the preferred dividends and net income available to to common, common shares fields please
Could someone please check this for me and also help with the preferred dividends and net income available to to common, common shares fields please
Consider the income statement for Squds and Suds, a very popular sports bar that serves only
one product: a plate of gourmet French fries and a pitcher of imported beer for $ per
serving. In this company sold units of product. The variable costs are of
sales and the fixed costs are $ Tax rate of the company is Squds and Suds has
interest expense of $ preferred dividends of $ and of outstanding
shares.
In cell B write a formula to calculate Sales.
In cell B write a formula to calculate variable costs.
Complete the income statement cells B to B and B
In cell B write a formula to calculate earnings per share.
In cell B write a formula to calculate operating breakeven point in units.
In cell B write a formula to calculate operating breakeven point in dollars.
If target EBIT is $ write a formula to calculate units to meet EBIT target in
cell B
Assume that management of the company believe that unit sales will increases in
Furthermore, they expect that variable costs will remain to and fixed costs
will stay at $
In cell write a formula to calculate unit sales in
Using cell referencing, complete the cells CC CC C and C
In cell C write a formula to calculate change in sales from prior year.
In cell C write a formula to calculate change in EBIT from prior year.
In cell B write a formula to calculate degree of operating leverage in
In cell B write a formula to calculate degree of financial leverage in
In cell B write a formula to calculate degree of combined leverage in
In cells C to C using cell referencing to get the value of DOL, DFL and
DCL in respectively.
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