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.
Find out more on expected sales at brainly.com/question/28062273
#SPJ4
Answer:
there is nothing to select. u need to provide more info
Probability of an egg coming out of the boiling process with a cracked shell:
Hi there!
Using compatible numbers it would be:
12 ÷ 2 = 6.
Now when you divide it, the answer would be close to 6.
So, 12 ÷ 2 = 6 would be using compatible numbers.
Hope this helps ;)
