Last year, the company's sales were $2,250,000. If sales grow at 6% per year, how large will it be 5 years later? Round-off answer to 2 decimal values. *
Q: Shalit Corporation's 2013 sales were $12 million. It's 2008 sales were $6 million. A. At what rate…
A: Sales are the revenues generated by the business from its day to day operations. The sales revenue…
Q: The newspaper reported last week that Bennington Enterprises earned $17 million this year. The…
A: Answer Total Earning = $17 millions ROE = 14% Retainsation ratio = 70%
Q: This year, the company's sales has increased from $200,000 to $240,000 and its profit has increased…
A: Degree of Operating Leverage = (% change in operating Income / % change in sales)
Q: CelebNav, Inc. had sales last year of $750,000 and the analysts are predicting a good year for the…
A: Given, sales last year = $750,000
Q: how much money had accumulated at the end of the 5th year?
A: Internal rate of return method: Internal rate of return method is one of the capital investment…
Q: A software company that installs systems for inventory control using RFID technology spent $600,000…
A: F/A is taken from table FV of an annuity of $1.
Q: This year, the company's sales has increased from $200,000 to $240,000 and its profit has increased…
A: Contribution margin ratio = Change in profit ÷ Change in sales Degree of operating leverage =…
Q: A firm has total interest charges of $10,000 per year, sates of $1 million, a tax rate of 40…
A: Times interest earned ratio or interest coverage ratio shows ability of the company in paying it's…
Q: A business starts this year with 2,500,000 assets with no debt. The expected ROE equals 10%. Suppose…
A: Return on equity (ROE) is used to measure the returns from shareholder’s equity. Shareholder’s…
Q: Wildhorse Technologies, Inc., an Indian technology company, reported net income of $418,000,000 this…
A: A percentage that represents the increase in a particular variable at a particular time interval is…
Q: Last year, K9 WebbWear, Inc. reported an ROE of 22 percent. The firm’s debt ratio was 50 percent,…
A: Total assets can be calculated as shown below.
Q: Do not do any interim rounding, state your answer in years to 2 decimal places, do not label your…
A: Here, Present value (PV) = 1,010,400 Interest rate = 8.15% Future value (FV) = 2 × 1,010,400 FV =…
Q: Bennett Industries invested $10,000,000 in a coventure one year ago. One year later, Bennett…
A: The calculation method where interest on interest is charged is known as Compound Interest. It is…
Q: Millat Corporation’s 2016 sales were 12 million. Its 2015 sales were 6 million. a. At what rate have…
A: Growth Rate: The percentage change of a given statistic over time is referred to as growth rates.…
Q: Annual revenues in our company are $1.5 million this year. If they are expected to grow at a…
A: Future Value = Present Value * (1+rate)^years
Q: Swampy Ox Real Estate (SORE) has been growing at a constant 8 percent rate for many years, and it…
A: To Calculate Permanent Assets- Permanent Assets = Permanent Assets = 520*(1.08)1/2 Permanent Assets…
Q: ABC Corporation's sales in 2003 were 6 000 000 rupees and its sales in 2008 were 12 000 000 rupees.…
A: In this question growth rate has to be find out over the 5 years in sales.
Q: ’s 2005 sales were $100 million. If sales grow at 8% per year, how large will they be 10 years…
A: Given, Present level of sales = $100 Million Growth rate = 8% No. of years = 10
Q: if a company's sales are growing at a rate of 10% annually, how long will i take sales to double
A: The above information indicates that sales of the company are growing and the approximate year it…
Q: how long will it be before sales double
A: SOLUTION:- Sales Initially =1,250,000 Sales Finally =2 x 1,250,000 =2,500,000…
Q: A firm with annual sales of $8,700,000 increases its inventory turnover from 4.5 to 6.0. How much…
A: Given data; annual sales= $8,700,000 current inventory turnover ratio = 4.5 New inventory turnover…
Q: Last year Mike Corporation's sales were $134 million. If sales grow at 8% per year, how large (in…
A: Last year sales = $134 Million Growth Rate = 8% Time period = 4 years Here, future sales of M…
Q: The current value of a company is $25 million. if the value of the company six years ago was $10…
A: The average annual rate of return is the estimated return earned on the investment over the period…
Q: A company's current revenue is $62,272 per year. Because new competitors have entered the market, It…
A: EUAB is Equivalent Uniform Annual Benefit. It is the equivalent cost and benefit of the asset spread…
Q: Sawyer Corporation's 2015 sales were $9 million. Its 2010 sales were $4.5 million. At what rate…
A: Computation of the growth rate of sales is shown as follows: Hence, the growth rate in sales is…
Q: Billy's Chrystal Stores Inc , has assets of $5,000,000 and turns over its assets 1.2 times per year.…
A: Return on assets = Profit / Assets
Q: Sawyer Corporation’s 2017 sales were $5 million. Its 2012 sales were$2.5 million.a. At what rate…
A: A percentage that represents the increase in a particular variable at a particular time interval is…
Q: A firm has total interest charges of $10,000 per year, sales of $1 million, a tax rate of 40…
A: Solution: The times interest earned ration is a measure to determine company's ability to meet its…
Q: Sawyer Corporation's 2020 sales were $11 million. Its 2015 sales were $5.5 million. a. At what rate…
A: Sales in 2020 - $11 million Sales in 2015 - $5.5 million Annual average growth rate = Last…
Q: a) Compute the free cash flows for the next 5 years. b) Compute the terminal value at the end of…
A: Free cash flow (FCF) to equity refers to the amount of income/profit generated during the period…
Q: Zephyr sales company has sales of 1.125 million. If the company's management expects sales to grow…
A: Lets understand the basics. For answering this question we are required to use below formula. = (100…
Q: A house was valued at $110,000 in the year 1991. The value appreciated to $150,000 by the year 2006.…
A: given information valued in the year 1991 at a rate = $110,000 valued in the year 2006 at a rate =…
Q: ABC Corporation's sales in 2003 were 6 000 000 rupees and its sales in 2008 were 12 000 000 rupees.…
A: In this question growth rate has to be find out for over the 5 years.
Q: Bulldogs Inc. currently has earnings before interest and taxes of P3,000,000, a degree of combined…
A: Degree of Operating Leverage = Degree of Combined Leverage / Degree of Financial Leverage = 8 / 2 =…
Q: Sawyer Corporation's 2017 sales were $5 million. Its 2012 sales were $2.5 million. a. At what rate…
A: CAGR = [ Future value / Present Value ]1/n - 1
Q: If a company's sales are $650,000 in 2021, and this represents an 5% increase over sales in 2020,…
A: The sales in previous year can be calculated as current year sales minus the growth in sales of…
Q: 1. Assume expenses are 40% of revenue. If we trend Revenue growth at 3% per year for 5 YEARS, AND…
A: Answer:- 1 13.97 % higher is Net Operating Income in Year 5 vs Year 1. Notes:- Lets' assume…
Q: Leyton Lumber Company has sales of $10 million per year, all on credit terms calling for payment…
A: Days sales outstanding refers to the number of days taken by the company in collecting the cash from…
Q: Marine Outlets, Inc. had $ 14 million in sales last year, COGS of $ 8 million, depreciation expense…
A: In the given question we need to compute the Firm's Net income from the information given.
Q: Last year Mike Corporation's sales were $134 million. If sales grow at 8% per year, how large (in…
A: Sales = $134 Million Growth rate = 8% Time period = 4 years
Q: The demand for a product during the next ten years will be such that revenues will be $100,000 the…
A:
Q: determined that sales will increase by 25% next year, and that the profit margin will remain at 15%…
A: Sales is a transaction between two or more parties in who is the buyer received tangible or…
Q: year Dania Corporation's sales were $525 million. If sales grow at 10.5% per year, how large (in…
A: The ability of your sales staff to increase revenue over a set period is measured by sales growth,…
Q: Oriole Sales Company has sales of $1,750,000. If the company’s management expects sales to grow 7.00…
A: Given Sales=$1,750,000 Growth rate=7% p.a. Required sales=$1,750,000×2=$3,500,000
Q: Sales for Hanebury Corporation’s just-ended year were $12 million. Sales were $6 million 5 years…
A: The sales of the firm grow over a period of time when it gains reputation and starts serving more…
Trending now
This is a popular solution!
Step by step
Solved in 2 steps
- Last year Mike Corporation's sales were $134 million. If sales grow at 8% per year, how large (in millions) will they be 4 years later?Last year Dania Corporation's sales were $525 million. If sales grow at 10.5% per year, how large (in millions) will they be 8 years later?Oriole Sales Company has sales of $1,750,000. If the company’s management expects sales to grow 7.00 percent annually, how long will it be before sales double? Use financial calculator to solve this problem. (Round answer to 0 decimal places, e.g. 20.) Time needed to double its sales enter a number of years needed to double its sales rounded to 0 decimal places years
- A company’s 2005 sales were $100 million. If sales grow at 8% per year, how large will they be 10 years later, in 2015, in millions?Cochrane Associate's net sales last year were $525 million. If sales grow at 7.5% per year, how large (in millions) will they be 8 years later? $845.03 $889.51 $936.33 $983.14 $1,032.30Carla Vista Sales Company has sales of $1,250,000. If the company’s management expects sales to grow 4.50 percent annually, how long will it be before sales double? Use financial calculator to solve this problem. (Round answer to 0 decimal places, e.g. 20.) Time needed to double its sales
- A company has profits of $38,982 this year and expects profits to decrease by $1,728 dollars per year over the next 12 years. If the profits will be continuously invested in an account bearing 6.2% APR compounded continuously, what is the 12-year present value of this income stream?A start-up company expects to spend $100,000 the first year for advertising, with amounts decreasing by $10,000 each year. Income is expected to be $400,000 the first year, increasing by $50,000 each year. Determine the equivalent annual worth in years 1 through 5 of the company’s net cash flow at an interest rate of 16% per yearWhat is the rate of return on an investment that costs $5,000, earned a $600 dividend during the year, and is sold after 1 year for $4,400?
- Net revenues at an older manufacturing plant will be $2 million for this year. The net revenue will decrease 15% per year for 5 years, when the assembly plant will be closed (at the end of Year 6). If the firm’s interest rate is 10%, calculate the PW of the revenue stream.A business is increasing by 10% for 8 years. If the sales in year 1 is $ 22,000, what is the present value if the interest rate is 10% per year?do in excel .and what formula is applicable Company B is expecting a total sale to be 5 million in the first year and will increase by 10% each year for the next 5 years. The company will set aside 2% of its’ total sales for year-end employee bonuses. Interest rate is 8% per year. What is the equivalent annual worth in year 1 through year 5 of the bonus package?
