Answer:
The total capacity of the market in core products less the Digby's Deft is 10860 thousand units.
Explanation:
In order to completely answer the question, the complete question is found online. This question was missing some table attachments which are attached with it.
From the table, it is first noted that the core products are listed which are as below:
- Axe
- Bolt
- Buzz
- Deft
- Dim
Now as mentioned in the question, deft is to be ignored so the remaining options are:
- Axe
- Bolt
- Buzz
- Dim
Now the capacities of these are included which are found from the table and are as follow:
Axe=2050
Bolt=1040
Buzz=1040
Dim=1300
So the total capacity of 1 shift is
Axe+Bolt+Buzz+Dim=2050+1040+1040+1300=5430 units
As there are two shifts running so the total capacity is 5430x2=10860
So the total capacity of market in core products less the Digby's Deft is 10860 thousand units.
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Answer:
$50
Explanation:
Given,
Current Net income = $2,000,000
No. of common shares today = 500,000
Current market price per share = $40
Anticipated Net income in 1 year = $ 3,250,000
Anticipated No. of common shares in 1 year = 500,000 +150000 =650,000
From this data, then
The current Earnings Per Share(EPS) = 
Current Price/Earning ratio = 
Anticipated EPS in 1 year=
If the company's P/E ratio remain as that of the current at 10, then
The anticipated price of stock in 1 year = Anticipated EPS * P/E ratio in 1 year
= $5 *10 = $50
Answer:
The net income for 2020 was $90,000
Explanation:
Shmenson Company
Income Statement for the year ended 2020
Sales $470,000
Less Cost of Sales
Beginning Inventories $70,000
Add Net purchases $180,000
Add Freight In $15,000
Less Ending Inventories ($60,000) ($205,000)
Gross Profit $265,000
Less Expenses
Operating expenses ($175,000)
Net Income $90,000
Conclusion
Thus, the net income for 2020 was $90,000.
