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please explain how to get each part of the question Edmonds Industries income forecast for 2019 10,000,000 Sales Operating cost excluding Dep and Amo EBITDA
please explain how to get each part of the question
Edmonds Industries income forecast for 2019 10,000,000 Sales Operating cost excluding Dep and Amo EBITDA Dep and Amo 5,500,000 4,500,000 1,200,000 3,300,000 500,000 2,800,000 700,000 2,100,000 EBIT Interest EBT Taxes (25%) Net Income CEO proposed a higher sales to increase the net income to 3,000,000. What should be the sales in order to achieve the proposed net income. Assume that operating income is 55% of sales and that depreciation and amortization and interest expenses will increase by 6%. Edmond industries income forecast proposed by CEO Sales Operating cost excluding Dep and Amo EBITDA Dep and Amo EBIT Interest EBT Taxes (25%) Net Income 3,000,000 Step by Step Solution
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