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:
24
Step-by-step explanation:
18+12-6
Answer:
B = 1320
Step-by-step explanation:
Let A = number of students at Branch A
Let B = number of students at Branch B
If the number of students taking classes at Branch A is 1/4 more than Branch B, then:
If Branch A has 1,650 students, then substitute A = 1650 and solve for B:
The solution to the equation, <em>m</em> + 72 = 100, is ...
m = 28.
