Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

need solutions as well thanks 2019 Revenue 33600 COGS fixed 2000 COGS variable 13440 Gross Profit 18160 OpEx fixed 800 OpEx variable 6720 Depreciation 1680

image text in transcribed
image text in transcribed
need solutions as well thanks
2019 Revenue 33600 COGS fixed 2000 COGS variable 13440 Gross Profit 18160 OpEx fixed 800 OpEx variable 6720 Depreciation 1680 EBIT 8960 Interest all fixed 8221 EBT 81381 Tax (920) 1627.6 Net Income 6510.4 Preferred Stock Dividend 2000 Earning available to 4510.41 Common Stockholder If we forecast the sales to to increase by 30% in 2020 and depreciation remain the same Type in positive ine thousand as 10000 and negative one thousand as -10000 The Gross profit in 2020 will be EBIT in 2020 will be Income available to common shareholders will be

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered 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

Students also viewed these Finance questions