Gross Sales increases by 2% in year 2, 4% in year 3, 6% in year 4, and 8% in year 5. The Gross Profitis 40%. > Operating expenses is 10%. Тах expense is 30%6 YEAR 1 (ACTUAL) YEAR 2 YEAR 3 YEAR 4 YEAR 5 Gross Sales P170 000 3. 10. 17. 24. Less: Cost of Sales P102 000 4. 11. 18. 25. Gross Profit P68 000 5. 12. 19. 26. Less: Operating P17 000 6. 13. 20. 27. Expenses Net Income Before Tax P51 000 7. 14. 21. 28.
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- Company B’s income statement for this year is shown below. Assume that the company’s sales will increase by 10% but fixed expenses remain the same next year. By what percentage will net operating income increase? Sales $100 Variable expenses 30 Contribution Margin 70 Fixed expenses 35 Net operating income $35 a)20% b)10% c)40% d)30%1. DRS Sdn. Bhd. earned operating income last year as shown in the following income statement: Sales = 580000 Cost of goods sold = 333000 Gross margin = 247000 Selling and administrative expense = 190000 Operating income = 57000 At the beginning of the year, the value of operating assets was RM177,000. At the end of the year, the value of operating assets was RM277,000. DRS Sdn. Bhd. requires a minimum rate of return of 10%. a) Calculate the return on investment (ROI). b) Calculate the residual income (RI).Gross profit margin is 40%, tax rate is 30%: Sales year 1: 45000, year 2: 54000, year 3: 64800 (is year 3 correct at being a 20% increase?) I need to calculate the following: Cost of goods sold for year 3 given that: selling, general, and admin expenses are: 7150; depreciation is 2500; interest expense is 1250 all for year three; accounts receivable year 1: 15000, year 2: 12,500; net plant, property and equipment is year 1: 12500 and need to calculate year 2. I need help calculating the cost of good sold, the tax expense, cash collected from sales (which I think is 52300), and net plant, property and equipment for year 3. I am also
- Payton Inc. reports in its Year 7 annual report, sales of $7,362 million and cost of goods sold of $2,945 million. For next year, you project that sales will grow by 3% and that cost of goods sold percentage will be 1 percentage point higher. Projected cost of goods sold for Year 8 will be: Select one: a. $3,033 million b. $3,019 million c. There is not enough information to determine the amount. d. $3,109 million e. $2,945 millionCompany XYZ is currently making sales of $200,000. At this level, the variable expenses viere $160,000 . Assume that company XYZ expects sales to increase to $450,003 in coming period with no change is expected to fixed expenses. How much is the expected change in profit ? a- Increase by $ 10,000 b -Increase by 40,000 C- increase by $ 50,000 D-be determined E- Increase by $160,000Sales revenue $11,250,000 Variable expenses $6,250,000 Fixed expenses $2,500,000 Total expenses $8,750,000 Operating income $2,500,000 If sales increase by 5%, what will the new operating income be?
- Company XYZ is currently making sales of $200,000 . At this level , the variable expenses were $40,000 . Assume that company XYZ expects sales to increase $ 400,000 in the coming period with no change is expected to fixed expenses . How much is the expected change in profit ? a. Increase by $ 160,000 b. Cannot be determined c. Increase by $ 50,000 d. Increase by 40,000 e. Increase by $10,000XYZ Company's single product has a selling price of $15 per unit The fxed expenses were $100,000 This year the company po a net operating income of $40000. If sales are predicted to increase by 10% next year, how much would the increase in profit be Select one Da6000 Ob5600 OENO change in income d 14000 e4000Ram Company had $1,000,000 of sales with a CM ratio of 30% and fixed expenses of $250,000 this year. Assume that the company’s sales will increase by $150,000 next year. If there is no change in fixed expenses, by how much will net operating income increase? a) 45,000 b) 60,000 c) 30,000 d) 15,000
- 1. Aboridor company had the following results last year: Sales, P700,000; Return on Investment, 28%; and profit margin of 8%. How much was the operating assets last year? 2. Jadafe makes all purchases on account, subject to the following payment pattern:Paid in the month of purchase .................. ..... 30%Paid in the first month following the purchase ....... 60%Paid in the second month following the purchase .. 10%If purchases for January, February and March were P200,000; P180,000; and P230,000,respectively, what were the firm’s budgeted payments in March? 3. Ariba Company Consists of two stores, Amina and Ramina. Store Amina has a sales of P80,000 during April,a contribution margin ratio of 30% and a segment margin of P11,000. The company as awhole had sales of P200,000, a contribution margin of 36%, segment margin for the twostores totalling P31,000. If the net income of the company was P15,000 for the month, whatmust have been the traceable fixed expenses in Store Ramina.Last year, Garrison Manufacturing sold 500 000 units at $4 each. Sales volume is expected to increase by 15% in the upcoming year, and sales price is expected to decrease by 5% in the upcoming year. The expected sales revenue for the upcoming year is: A. $2 255 000 B. $2 185 000 C. $2 645 000 D. $2 000 000A business usually has a mark-up of 20% on cost of sales. During a year, its sales were $90,000. What was cost of sales? A $15,000 B $72,000 C $18,000 D $75,000