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:
$54.50
Step-by-step explanation:
10% = 10/100
=545 × 10/100
=5450/100
=54.5
C) closest to 2/5.
2/3 is bigger than half 2/10 would be like less than 1/4
Answer:
Step-by-step explanation:
Answer:
It is 61 degress an acute angle.
Step-by-step explanation:
