Calculate for the cells highlighted in yellow Time Value of Money problems For these problems where interest rate is needed use: 7% Additional problems: YEAR 1 Income Statement Tax rate: 30% Sales 65,000 Cost of Goods Sold 40,000 Gross Profit Selling, General, & Administrative Expense Depreciation 12,500 1,750 Income before Tax (14,250) Tax Expense Net Income Gross Profit Margin Amount Depreciation Expense reduces Cash

Financial Management: Theory & Practice
16th Edition
ISBN:9781337909730
Author:Brigham
Publisher:Brigham
Chapter24: Bankruptcy, Reorganization, And Liquidation
Section: Chapter Questions
Problem 5SP
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What would be the formulas for these?

Merge & Center v
$ v % 9 8
* x v fx
00
Conditional Forma
E12
00
Formatting as Tabl
B
1
Calculate for the cells highlighted in yellow
Time Value of Money problems
3
For these problems where interest rate is needed use:
40
7%
41
Additional problems:
42
YEAR
1
43
Income Statement
44
Tax rate:
30%
45
#11
Sales
16
Cost of Goods Sold
65,000
76,700
40,000
17
#12
Gross Profit
18
Selling, General, & Administrative Expense
12,500
Depreciation
1,750
Income before Tax
(14,250)
1
2.
#13
Tax Expense
3.
#14
Net Income
#15
Gross Profit Margin
7
#16
Amount Depreciation Expense reduces Cash
2.
甲
Transcribed Image Text:Merge & Center v $ v % 9 8 * x v fx 00 Conditional Forma E12 00 Formatting as Tabl B 1 Calculate for the cells highlighted in yellow Time Value of Money problems 3 For these problems where interest rate is needed use: 40 7% 41 Additional problems: 42 YEAR 1 43 Income Statement 44 Tax rate: 30% 45 #11 Sales 16 Cost of Goods Sold 65,000 76,700 40,000 17 #12 Gross Profit 18 Selling, General, & Administrative Expense 12,500 Depreciation 1,750 Income before Tax (14,250) 1 2. #13 Tax Expense 3. #14 Net Income #15 Gross Profit Margin 7 #16 Amount Depreciation Expense reduces Cash 2. 甲
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