Answered step by step
Verified Expert Solution
Question
1 Approved Answer
it cant be clear more than this thank you WIN. Pvz-ure Score: 0 of 1 pt 5 of 5(4 complete) HW Score: 80,38%, 5.63 of
it cant be clear more than this
thank you
WIN. Pvz-ure Score: 0 of 1 pt 5 of 5(4 complete) HW Score: 80,38%, 5.63 of 7 pls Assigned Media Question Help P11-23 (similar to) Net cash flows for a marketing campaign Marcus Tube, a manufacturer of high-quality aluminium ubing, has maintained stable sales and profits over the past 10 years. Although the market for aluminum tubing has been expanding by 4 per year, Marcus been us e in sharing this growth. To increase sales, the firm is considering an aggressive marketing campaign the centers on regularly running ads in all relevant trade journals and exhibiting products at all major regional and national trade shows. The campaign is expected to require an annual tax deductible expenditure of $154,000 over the ned 5 years. Sales revenue, as shown in the income statement for 2018 D etailed $19,900,000 if the proposed marketing campaign is not liated, sales are expected to remain at this level in each of the next 5 years, 2019 through 2023. With the marketing campaign, sales are expected to rise to the levels shown in the table for each of the next 5 years, cost of goods sold is expected to remain at 70% of sales, general and administrative expense exclusive of any marketing campaign outlays) is expected to remain at 12% of sales, and annual depreciation expense is expected to remain at $180,000. Assuming a 40% tax rate, find the net cash flows over the ned 5 years associated with the proposed marketing campaign The annual operating cash flow without the marketing campaign will be (Round to the nearest dollar) Data Table (Click on the icon located on the top right corner of the data table below in order to copy its contents into a spreadsheet) Marcus Tube Income Statement for the Year Ended December 31, 2018 Sales revenue $19000 000 Less: Cost of goods sold (70%) 13 930 000 Gross profits $5,970.000 Less Operating expenses General and administrative expense (124) 52.388,000 Net cash flows for a marketing campaign Marcus Tube, a manufacturer of high-quality aluminumuing, has maintained state sales and profits over the past 10 years. Although the market for aluminum ubing has been expanding by 4 per year, Marcus has been successful in sharing this growth. To increases sales, the term is considering an aggressive marketing C a lign that centers on regularly running ads in all relevant brade journals and exciting products all major regional and national trade shows. The campaign is expected to require an www tax deductible expenditure of $154,000 over the next 5 years. Sales revenue, as shown in the income statement for 2018 totaled 519,900,000 If the proposed marketing campaign is not initiated, sales are expected to remain at this level in each of the next 5 years, 2019 through 2023. With the marketing campaign, sales are expected to rise to the levels shown in the table for each of the next 5 years, cost of goods sold is expected to remain at 70% of sales, general and administrative expense (exclusive of any marketing campaign outlays) is expected to remain at 12% of sales, and annual depreciation expense is expected to remain at $180,000. Assuming a 40% tax rate, find the net cash flows over the ned 5 years asociated with the proposed marketing campaign Fork The a l pering cash flow without the marketing campaign will be found to the nearest ) Data Table (Click on the icon located on the top right corner of the data table below in order to copy contents into a spreadsheet) Marcus Tube Income Statement for the Year Ended December 31, 2018 Serevenue $1910010 Less Cost of goods sold (70%) 13 930 000 Oross profits $5.970 000 Less: Operating expenses General and administrative expense (124) 52 388.000 Depreciation expense Total operating expense $28.000 Earnings before interest and taxes 53102.000 Less Tacos (40%) 12402800 Net Operating profit after $1351 200 000 000 Enter your answer in the answer box and then 5 Parts remaining dl $480,000. Assuming a 40% tax rate, wur le pluposed ma ADS ih flow without the ma a Data Table - X (Click on the icon located on the top-right corner of the data table below in order to copy its contents into a spreadsheet.) Marcus Tube Sales Forecast O Year Sales revenues 2019 $20,400,000 2020 20,900,000 2021 21,400,000 2022 22,400,000 2023 23,400,000 Print Done e answer box and the Clear All e w $ 1 P11-23 (similar to) Assigned Media Question Help Net cash flows for a marketing campaign Marcus Tube, a manufacturer of high-quality aluminum tubing, has maintained stable sales and profits over the past 10 years. Although the market for aluminum tubing has been expanding by 496 per year Marcus has been unsuccessful in sharing this growth To increase its sales, the firm is considering an aggressive marketing campaign that centers on regularly running ads in all relevant trade journals and exhibiting products at all major regional and national trade shows. The campaign is expected to require an annual tax-deductible expenditure of $154,000 over the next 5 years. Sales revenue, as shown in the income statement for 2018 totaled $19,900,000. If the proposed marketing campaign is not initiated, sales are expected to remain at this level in each of the next 5 years, 2019 through 2023. With the marketing campaign, sales are expected to rise to the levels shown in the table for each of the next 5 years: cost of goods sold is expected to remain at 70% of sales, general and administrative expense (exclusive of any marketing campaign outlays) is expected to remain at 12% of sales, and annual depreciation expense is expected to remain at S480,000. Assuming a 40% tax rate, find the net cash flows over the next 5 years associated with the proposed marketing campaign The annual operating cash flow without the marketing campaign will be $ (Roy Data Table - X (Click on the icon located on the top-right corner of the data table below in order to copy its contents into a spreadsheet.) $19,900,000 13.930 000 $5,970,000 Marcus Tube Income Statement for the Year Ended December 31, 2018 Sales revenue Less Cost of goods sold (70%) Gross profits Less: Operating expenses General and administrative expense (1296) Depreciation expense Total operating expense Earnings before interest and taxes Less: Taxes (40%) Net operating profit after taxes Enter your answer in the answer box and then click Check Answer. $2,388,000 480.000 $2,868,000 $3,102.000 1.240.800 $1,861,200 5 Parts remaining Net cash flows for a marketing campaign Marcus Tube, a manufacturer of high-quality aluminum tubing, has maintained stable sales and profits over the past 10 years. Although the market for aluminum tubing has been expanding by 496 per year, Marcus has been unsuccessful in sharing this growth. To increase its sales, the firm is considering an aggressive marketing campaign that centers on regularly running ads in all relevant trade journals and exhibiting products at all major regional and national trade shows. The campaign is expected to require an annual tax-deductible expenditure of $154,000 over the next 5 years. Sales revenue, as shown in the income statement for 2018 totaled $19,900,000. If the proposed marketing campaign is not initiated, sales are expected to remain at this level in each of the next 5 years, 2019 through 2023. With the marketing campaign, sales are expected to rise to the levels shown in the table for each of the next 5 years, cost of goods sold is expected to remain at 70% of sales, general and administrative expense (exclusive of any marketing campaign outlays) is expected to remain at 12% of sales and annual depreciation expense is expected to remain at $480,000. Assuming a 40% tax rate, find the net cash flows over the next 5 years associated with the proposed marketing campaign. The annual operating cash flow without the marketing campaign will be s Round to the i Data Table (Click on the icon located on the top-right corner of the data table below in order to copy its contents into a spreadsheet) Marcus Tube Sales Forecast Year Sales revenue 2019 $20.400.000 2020 20.900.000 2021 21.400.000 2022 22.400.000 2023 23,400,000 Enter your answer in the answer box and then click Check Answer Print Done Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started