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first dropdown: 60, 80, 40, 100 second dropdown: 17.55, 19.50, 13.16, 12.66 third: 16.02, 21.36, 15.52, 25.13 fourth: 9555000, 28800000, 9000000, 13065000 fifth: 32656875, 39007500,
first dropdown: 60, 80, 40, 100
Cold Goose Metal Works Inc's income statement reports data for its first year of operation. The firm's CEO would like sales to increase by 25% ne 1. Cold Goose 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 depreciation and amortization) remain at 70% of net sales, and its depreciation and amortization expenses remain constant from year to year. 3. The company's tax rate remains constant at 25% of its pre-tax income or eamings before taxes (EBT). 4. In Year 2, Cold Goose expects to pay $200,000 and $1,922,063 of preferred and common stock dividends, respectively. Complete the Year 2 income statement data for Cold Goose, then answer the questions that follow. Be sure to round each dollar value to the nearest whole dolliar: Cold Goose Metal Works Inc. Income Statement for Year Ending December 31 Given the results of the prevlous income statement calculations, complete the following statements: Siven the results of the previous income statement calculations, complete the following statements: In Year 2, if Cold Goose has 5,000 shares of preferred stock issued and outstanding, then each preferred share should expect to receive In annual dividends. If Cold Goose has 400,000 shares of common stock issued and outstanding, then the firm's earnings per share (EPS) is expected to change fron in Year 1 to in Year 2. Cold Goose's earnings before interest, taxes, depreciation and amortization (EBTTDA) value changed from in Year 2. in Year 1 to It is to say that Cold Goose's net inflows and outflows of cash at the end of Years 1 and 2 are equal to the company's annual contribution to retained earnings, $3,485,500 and $4,284,812, respectively. This is because statement involve payments and receipts of cash second dropdown: 17.55, 19.50, 13.16, 12.66
third: 16.02, 21.36, 15.52, 25.13
fourth: 9555000, 28800000, 9000000, 13065000
fifth: 32656875, 39007500, 11250000, 16456875
sixth: incorrect, correct
seventh: all but one, all
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