Based on the net cash flow, the depreciation and amortization, and the tax rate, the expected sales of McGwire Aerospace is $66.67 million.
<h3>What are the expected sales?</h3>
First, find the net income:
= Net cash flow - depreciation and amortization
= 12 - 5
= 7 million
Given this net income, the sales are:
Net income = ( Sales - (Sales x 75%) - 5) x (1 - 40%)
7 / 0.60 = 0.25x - 5
11.67 = 0.25x - 5
0.25x = 16.67
x = 66.67 million
In conclusion, the expected sales are $66.67 million.
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Answer:
14.67 gram
Step-by-step explanation:
Henry has two pixie sticks full of delicious sugar.
Now, each pixie stick contains 22 grams of sugary goodness, then in two sticks, there will be (22 × 2) = 44 grams of sugar.
Now, Henry shares two pixie sticks among two friends and himself in equal proportion.
Therefore, each of his friends will get 
(Round to the nearest tenth) gram of sugary goodness. (Answer)
Answer:
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Step-by-step explanation:
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