Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Sep 20, 2024

POS = Percent of Sales Cracker Barrel - CBRL Financial Planning Assusmptions Sales growth Total Cost (POS) Tax Rate Dividends (% Net Income) Current Assets

POS = Percent of Sales

Cracker Barrel - CBRL Financial Planning Assusmptions Sales growth Total Cost (POS) Tax Rate Dividends (% Net Income) Current Assets (POS) Fixed Assets (POS) Current Liabilities (POS) CRBL 2.80% 10.00% 21.00% 90.00% 12.00% 38.00% 12.00% Actual Projected Projected Projected Projected Projected 2018 2019 2020 2021 2022 2023 3,030 3114.84 3202.0555 3291.7131 3383.881 3478.6297 2,736 294 15 Income Statement Sales Total Costs EBIT Interest Non-Op Income EBT Taxes (21%) Net Income Dividends 278 31 248 207 Projected 2020 Projected 2021 Projected 2022 Projected 2023 Balance Sheet Current Assets Fixed Assets Total assets Actual Projected 2018 2019 307 1,220 1,527 Current Liabilities Long-Term Debt Long Term Liabilities Equity Total Liabilities & Equity 365 400 181 582 1,527 Cracker Barrel - CBRL Financial Planning Assusmptions Sales growth Total Cost (POS) Tax Rate Dividends (% Net Income) Current Assets (POS) Fixed Assets (POS) Current Liabilities (POS) CRBL 2.80% 10.00% 21.00% 90.00% 12.00% 38.00% 12.00% Actual Projected Projected Projected Projected Projected 2018 2019 2020 2021 2022 2023 3,030 3114.84 3202.0555 3291.7131 3383.881 3478.6297 2,736 294 15 Income Statement Sales Total Costs EBIT Interest Non-Op Income EBT Taxes (21%) Net Income Dividends 278 31 248 207 Projected 2020 Projected 2021 Projected 2022 Projected 2023 Balance Sheet Current Assets Fixed Assets Total assets Actual Projected 2018 2019 307 1,220 1,527 Current Liabilities Long-Term Debt Long Term Liabilities Equity Total Liabilities & Equity 365 400 181 582 1,527

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

Recommended Textbook for

Commodity Trade And Finance

Authors: Michael Tamvakis

2nd Edition

041573245X, 978-0415732451

More Books

Students also viewed these Finance questions

Question

★★★★★

For a simple pendulum, find the angular amplitude m at which the restoring torque required for simple harmonic motion deviates from the actual restoring torque by 1.0%. (See "Trigonometric...

Answered: 1 week ago

Question

★★★★★

Why do heterosexuals place so much emphasis on sex?

Answered: 1 week ago

Question

★★★★★

Pavlovich Instruments, Inc., a maker of precision telescopes, expects to report pretax income of $430,000 this year. The companys financial manager is considering the timing of a purchase of new...

Answered: 1 week ago

Question

★★★★★

Just asking about question 3. The information for it is in the first picture from question 1. Question 1 (25 points): An investor has two investment alternatives, Project A and Project B, that are...

Answered: 1 week ago

Question

★★★★★

International Business Law lists different legal systems (Romano-Germanic, Anglo-American, Islamic). In a 2-3 page paper compare and contrast these legal systems and explain the ways in which history...

Answered: 1 week ago

Question

★★★★★

When writing an email, a project manager reviews two large paragraphs in the email and removes any excess content. What email best practice are they using? 1 point Ask important questions. State what...

Answered: 1 week ago

Question

★★★★★

Sue reports her manager for harassment. It was determined that he did harass Sue. It is illegal to penalize someone for reporting harassment. Which of the following actions by the manager is...

Answered: 1 week ago

Question

★★★★★

Which of the following isnottrue concerning treasury stock? Select one: a. Holding treasury stock causes a company's number of shares issued and number of shares outstanding to be different. b....

Answered: 1 week ago

Question

★★★★★

The table below shows the number of visitors to a museum over a period of 5 days. Monday Tuesday Wednesday Thursday Children 120 110 90 135 Adults 130 140 125 105 Which stack plot best represents the...

Answered: 1 week ago

Question

★★★★★

Justify whether or not you believe that Penalty Enhancements should attach to crimes based on hate or bias?

Answered: 1 week ago

Question

★★★★★

7. Define cultural space.

Answered: 1 week ago

Question

★★★★★

5. Define and give an example of cross-cultural differences in facial expressions, proxemics, gestures, eye contact, paralanguage, chronemics, and silence.

Answered: 1 week ago

Question

★★★★★

8. Describe how cultural spaces are formed.

Answered: 1 week ago

Previous Question Next Question