Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Income Statement For the Year Ended on December 3 1 table [ [ Income Statement For the Year Ended on December, 3 1 ]

Income Statement For the Year Ended on December 31
\table[[Income Statement For the Year Ended on December,31],[,J&H Corp.,Industry Average,,],[Net sales,$41,000,000,$51,250,000,,],[Operating costs, except depreciation and amortization,32,800,000,41,000,000,,],[Depreciation and amortization,1,640,000,2,050,000,,],[Total operating costs,34,440,000,43,050,000,,],[Operating income (or EBIT),$6,560,000,$8,200,000,,],[Less: Interest expense,656,000,1,230,000,,],[Earnings before taxes (EBT),$5,904,000,$6,970,000,,],[Less: Taxes (40%),2,361,600,2,788,000,,],[Net income,$3,542,400,$4,182,000,,]]
cess Tips
Based on the information given to him, Jeffery submits a report on January 1 with some important calculations for management to use, both for analysis and to devise an action plan.
Complete the following statements in his report. If your answer is negative, use the minus sign.
Statement #1: J&H Corp.'s NOPAT is , which is than the industry average of
Statement #2: The company is using in net operating working capital (NOWC).
Statement #3: J&H Corp. is generating in net cash flow from its operations and an accounting profit of
Statement #4: The firm uses of total net operating capital to run the business. This value is computed as the of J&H Corp.'s net operating working capital and its
\table[[Income Statement For the Year Ended on December,31],[,J&H Corp.,Industry Average,,],[Net sales,$41,000,000,$51,250,000,,],[Operating costs, except depreciation and amortization,32,800,000,41,000,000,,],[Depreciation and amortization,1,640,000,2,050,000,,],[Total operating costs,34,440,000,43,050,000,,],[Operating income (or EBIT),$6,560,000,$8,200,000,,],[Less: Interest expense,656,000,1,230,000,,],[Earnings before taxes (EBT),$5,904,000,$6,970,000,,],[Less: Taxes (40%),2,361,600,2,788,000,,],[Net income,$3,542,400,$4,182,000,,]]
cess Tips
Based on the information given to him, Jeffery submits a report on January 1 with some important calculations for management to use, both for analysis and to devise an action plan.
Complete the following statements in his report. If your answer is negative, use the minus sign.
Statement #1: J&H Corp.'s NOPAT is , which is than the industry average of
Statement #2: The company is using in net operating working capital (NOWC).
Statement #3: J&H Corp. is generating in net cash flow from its operations and an accounting profit of
Statement #4: The firm uses of total net operating capital to run the business. This value is computed as the of J&H Corp.'s net operating working capital and its
image text in transcribed

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

Step: 3

blur-text-image

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

Shrimply Inflation

Authors: Eiche Gardner

1st Edition

B0BYLXHYCY, 979-8386901233

More Books

Students also viewed these Finance questions