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2 years ago

5 strategies for keeping a job

Business

1 answer:

Natasha2012 [34]2 years ago

4 0

Positive attitude, stay busy and working, work fast, be reliable, be on time

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You are considering buying a company using leveraged buyout. The company is projected to have sales of 500 million each year in

worty [1.4K]

Answer:

Net income= $33 million

Explanation:

A leveraged buyout is a buyout of an entity by it's own managers/board members mostly through debt financing. Now the expected sales after the buyout is 500 million, we are asked to calculate net income only in the first year. First of all lets see what net income is. Net income is the remaining amount of income after having paid all the expenses which is mostly the residual income available for either distribution to shareholders or transfer to retained earnings.

The formula for net income is as follows:

Net income/profit= Sales revenue - COGS - Administrative expenses- depreciation and amortization - Interest expense - Tax

Let first calculate COGS & other administrative expense, depreciation and interest expenses first.

COGS & ADMIN: 500*0.6=300 m

Depreciation: 500*0.05 =25m

Interest expense for the year: 1500 * 0.08= 120m

Now lets substitute values in the formula mentioned above:

Income before taxes: 500m - 300m - 25m - 120m

Income before taxes: 55m

Income after taxes; 55m - 22m (taxes= 55*40%)

Net income= $33 million

4 0

4 years ago

Boston, Inc. applies manufacturing overhead at the rate of $40 per machine hour. Budgeted machine hours for the current period w

Luda [366]

Answer:

$580,000 underapplied

Explanation:

The computation of the ending overhead is shown below:

The applied overhead is

= Predetermined overhead rate × actual machine hours

= $40 × 90,000

= $3,600,000

Now the underapplied overhead is

= $4,180,000 - $3,600,000

= $580,000

So the ending overhead is $580,000 underapplied

5 0

3 years ago

Patrick Corporation inadvertently produced 10,000 defective personal radios. The radios cost $8 each to produce. A salvage compa

Anuta_ua [19.1K]

Answer

The answer and procedures of the exercise are attached in the following archives.

Step-by-step explanation:

You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.

3 0

4 years ago

____ 24. the banking system currently has $50 billion of reserves, none of which are excess. people hold only deposits and no cu

kramer

Need more information

6 0

4 years ago

San Ruiz Interiors provides design services to residential and commercial clients. The residential services produce a contributi

Georgia [21]

Answer:

San income will decrease by $70,000

so correct option is D. decrease by $70,000

Explanation:

given data

contribution margin = $520,000

fixed operating costs = $550,000

Decrease fixed operating costs fall = $450,000

solution

as if residential operations are closed

we find here Decrease in income

Decrease in income = contribution margin - Decrease of fixed operating costs ........................1

Decrease in income = $520,000 - $450,000

Decrease in income = $70,000

so that San income will decrease by $70,000

so correct option is D. decrease by $70,000

7 0

3 years ago