PRACTICE > Compute the missing items in the following. Show your complete solutions at the back of this paper or in a separate sheet of paper. Horizontal Analysis Increase/Decrease Percentage Peso Change P1,600 Account Previous Year Current Year Sales P80,000 P47,520 (1%) Cost of Sales Gross Profit Operating Expenses Net Operating Profit Interest Expense P2,080 P20,000 P20,880 (P2000) (100%) Net Profit P20,880
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- Given the following information:SalesFixed ExpensesVariable Expensess5,0002,0001,750What would expected operating profit be if the company experienced a 10% increase in fixedcosts and a 100/0 increase m sales volume? a) $1,375. b) $1,550. c) $1,250. d) $1,750.How much is the net income attributable to Product M, assuming that joint costs are allocated using the Approximate Net Realizable Value x, and after being processed further, 1,800 gallons of Product M was sold during the year? (SOLUTIONS MUST BE IN GOOD ACCOUNTING FORM. EXCEL FORM WOULD BE GREAT. ACCOUNT TITLES ON THE LEFT, AMOUNTS ON THE RIGHT. USE TABLE IF NECESSARY. AVOID PARENTHETICAL SOLUTIONS. THANKS, A LOT!)Consider the following financial information and answer the questionsthat follow:Sales : $250,000Costs : $134,000Depreciation : $10,200Operating expenses : $6,000Interest expenses : $20,700Taxes : $18,420Dividends : $10,600Addition to Retained Earnings : $50,080Long term debt repaid : $9,300New Equity issued : $8,470New fixed assets acquired : $15,000 Calculate change in NWC
- Based on the pro - forma income statement, please estimate OCF and complete the tables. Sales 125,000 Variable costs -29, 000 Fixed costs -30,000 Depreciation -12,800 EBIT 53, 200 Tax -18, 620 NI 34, 580 Enter your final answers as whole numbers without using 1000 separators. Use a " -" sign for cash costs, expenses, cash outflows. (1) Starting from EBIT EBIT + Depreciation - Tax OCF? = OCF What is EBIT? What is Depreciation? What is Tax? What is. Using a MARR of 15%, the preferred Alternative is:TABLE P6-82 Data for Problems 6-82 through 6-85 A B C D ECapital investment $60,000 $90,000 $40,000 $30,000 $70,000Annual expenses 30,000 40,000 25,000 15,000 35,000Annual revenues 50,000 52,000 38,000 28,000 45,000Market value at EOY 10 10,000 15,000 10,000 10,000 15,000IRR ??? 7.4% 30.8% 42.5% 9.2%(a) Do nothing (b) Alt. A (c) Alt. B(d) Alt. C (e) Alt. D (f) Alt. EUse this information to Prepare a multiple-step income statement with earnings per sharedisclosure Denver Co. 12/31/2022 Debits CreditsPartial Trial Balance DataSales revenue 700,000Interest revenue 60,000Salary payable 15,000Gain on sale of land 110,000Patent 15,000Supply inventory 25,000Cost of goods sold 500,000Salary expenses 150,000Common stock 250,000Retained earnings 150,000Cash 250,000Office expense 100,000Denver's business segment, Division A, was sold at a pretax loss of 25,000 on July 1, 2022. Ithad earned a $13,000 pretax operating income from January 1, 2022 to the disposal date. Denverhad 50,000 shares of stock outstanding throughout the year. Income tax expense has not yet beenaccrued. The effective tax rate is 30%. dont give me handwritten answers thank you
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- Use the following information to answer the questionsProperty:Purchase Price$7,017,000Acquisition Costs$0Year 1 PGI$1,263,060PGI Growth Rate/year4.0%Year 1 Miscellaneous Income$0Miscellaneous Income Growth Rate/year0.0%Annual Vacancy and Collection Losses/year11.0%Year 1 Operating Expense$415,926Operating Expense Annual Growth Rate2.8%Year 1 Capital Expenditures$38,220Capital Expenditures Annual Growth Rate1.6%Holding period (years)5Property to be sold for NOI6 capitalized at (Terminal Cap Rate):7.5%Selling Expenses in year 56.5%Financing:LTV67%Loan Costs (% of Mortgage Value)1.40%Loan term (years)30Monthly Amortization / monthly paymentsLoan is a 2/2 ARMLoan Rate = T-Bill + 0.37%Teaser Rate3.420%T-Bill Rate at Initiation2.990%T-Bill on Reset Date 15.540%T-Bill on Reset Date 25.910%T-Bill on Reset Date 36.850%T-Bill on Reset Date 47.250%T-Bill on Reset Date 58.120%T-Bill on Reset Date 68.900%Pre-tax Required Return32.00% 1-Find the annual debt service in year 3 2-Find the Annual Debt…THE ATHLETIC ATTICIncome StatementFor the Year Ended December 31, 2024Net sales $8,900,000Cost of goods sold 5,450,000Gross profit 3,450,000Expenses: Operating expenses $1,600,000 Depreciation expense 210,000 Interest expense 50,000 Income tax expense 360,000 Total expenses 2,220,000Net income $1,230,000 THE ATHLETIC ATTICBalance SheetsDecember 31 2024 2023Assets Current assets: Cash $164,000 Accounts receivable 790,000 Inventory 1,405,000 Supplies 110,000Long-term assets: Equipment 1,150,000 Less: Accumulated depreciation (420,000) Total assets $3,199,000 Liabilities and Stockholders' Equity Current liabilities: Accounts payable $115,000 Interest payable 0 Income tax payable 40,000 Long-term liabilities: Notes payable 600,000 Stockholders' equity: Common stock 700,000…Solvency and Profitability Trend Analysis (Picture is attached and this is the only one I got wrong, what did I do wrong?) Addai Company has provided the following comparative information: 20Y8 20Y7 20Y6 20Y5 20Y4 Net income $273,406 $367,976 $631,176 $884,000 $800,000 Interest expense 616,047 572,003 528,165 495,000 440,000 Income tax expense 31,749 53,560 106,720 160,000 200,000 Total assets (ending balance) 4,417,178 4,124,350 3,732,443 3,338,500 2,750,000 Total stockholders’ equity (ending balance) 3,706,557 3,433,152 3,065,176 2,434,000 1,550,000 Average total assets 4,270,764 3,928,396 3,535,472 3,044,250 2,475,000 Average total stockholders' equity 3,569,855 3,249,164 2,749,588 1,992,000 1,150,000 You have been asked to evaluate the historical performance of the company over the last five years. Selected industry ratios have remained relatively steady at the following…