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please fill the answers for year 1 and 2 in the format thats provided in the example pic please TO) Question Help Kokomochi is considering
please fill the answers for year 1 and 2 in the format thats provided in the example pic please
TO) Question Help Kokomochi is considering the launch of an advertising campaign for its latest dessert product, the Mini Moche Munch Kokomoch plans to spend $39 million on TV, radio, and print advertising this year for the campaign. The ads are expected to boost sales of the Mini Mochi Munch by $8 1 million this year and $61 milion next year. In addition, the company expects that new consumers who try the Mini Moch Munch will be more likely to try Kokomochi's other products. As a result, sales of other products are expected to rise by $2 1 million each year Kokomochi's gross profit margin for the Mini Mochi Munch is 39%, and its gross profit margin averages 25% for all other products. The company's marginal corporate tax rate is 21% both this year and next year. What are the incremental earings associated with the advertising campaign? Complete the table below. (Round to the nearest dollar) Incremental Earnings Forecast Year 1 Year 2 Sales of Mini Mochi Munch $ $ Other Sales Cost of Goods Sold Gross Profit $ Solling, General and Admin. Expenses Depreciation EBIT Enter any number in the edit fields and then click Check Answer ate is 21% both this year and next year. What are the incremental earnings associate Sales of Mini Mochi Munch $ 8,900,000 $ Other Sales 2,400,000 6,900,000 2,400,000 (6,402,000) Cost of Goods Sold Gross Profit $ (7,722,000) 3,578,000 $ (5,100,000) 2,898,000 0 Selling, General, and Admin. Expenses Depreciation 0 0 EBIT $ (1.522,000) $ 319,620 2,898,000 (608,580) Income tax at 21% $ (1,202,380) $ 2,289 420 Unlevered Net Income s question is complete. Move your cursor over or tap on the red arrows to see inc parts showing Step by Step Solution
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