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Mice21 [21]
3 years ago
13

Find the next year's net income for XYZ Inc. Next year, the sales grow by 25%. The current sales $300 million, and the current p

rofit margin is 10% and you expect it to remain constant.
Business
1 answer:
Oksanka [162]3 years ago
4 0

Answer: $37.5 million

Explanation:

The next year's net income for XYZ will be calculated as follows:

Current sales = $300 million

Current Profit margin = 10%

Sales Growth rate = 25%

The next year's sales will be:

= Current Year's Sales × (1 + Sales Growth rate)

= $300 million × (1 + 0.25)

= $300 million × 1.25

= $375 million

Next Year's Net Income will then be:

= $375 million × 10%

= $37.5 million

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Answer:

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Explanation:

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2 years ago
Distinguish between planned economy and mixed economy​
Maslowich

Answer:

  • <em><u>Command Economy</u></em>

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  • The government has control over a command or planned economy.
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Explanation:

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8 0
2 years ago
The common stock of Shaky Building Supply has a beta that is 22 percent greater than the overall market beta. Currently, the mar
Bess [88]

Answer:

11.7%

Explanation:

The common stock of a shaky building has a beta of 22%

The market risk premium is 9.56%

The US treasury bill is 3.3 %

Therefore the cost of equity can be calculated as follows

= 3.3/100 + (1+22/100)(9.56)

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= 0.033 + 1.22×9.56

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2 years ago
Sold clothing manufacturing equipment for $31,000. originally purchased the equipment for $95,000, and depreciation through the
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Answer:

Gain= $14,500

Explanation:

<u>First, we need to calculate the book value of the equipment:</u>

Book value= purchase price - accumulated depreciation

Book value= 95,000 - 78,500

Book value= $16,500

<u>If the selling price is higher than the book value, the company made a profit by selling the equipment.</u>

Gain/loss= selling price - book value

Gain/loss= 31,000 - 16,500

Gain= $14,500

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3 years ago
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3 years ago
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