Based on the net cash flow, the depreciation and amortization, and the tax rate, the expected sales of McGwire Aerospace is $66.67 million.
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:22
Step-by-step explanation:
22
Answer:
21 students
25% of 28 is 7 28-7=21
2^2 ( 1,2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12) = 4, 8, 12, 16, 20, 24, 28, 32, 36, 40, 44,48
3^2(1,2,3, 5) = 9, 18, 27, 45
5^2(1, 2) = 25, 50
7^2 = 49
19 numbers
