Answer:
Can u repeat the question. I didn't understand the area.
Answer:
14.25
Step-by-step explanation:
14 25/100= 14*100+25/100=
1400+25/ 100
= 1425/100
= 14.25
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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