The Berndt Corporation expects to have sales of $12 million. Costs other thandepreciation are expected to be 75% of sales, and depreciation is expected tobe $1.5 million. All sales revenues will be collected in cash, and costs otherthan depreciation must be paid for during the year. Berndt’s federal-plusstate tax rate is 40%. Berndt has no debt.a. Set up an income statement. What is Berndt’s expected net income? Itsexpected net cash flow?

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A: Free cash flow = EBIT*(1-tax) + Deprication - capital expenditure - Increase in Working capital

Q: The Malia  Corporation had sales in 2019 of $65 million, total asswets of $42 million, and total…

A: Given:Sales=$65 million in year 2019Assets = $42 millionOperating profit margin = 12%Liabilities =…

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A: After tax cash flow = P 2,000,000 WACC = 8%

Q: annual interest payment

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A: Given Information Total Assets = $5,150,000 Temporary Current Assets = $1,130,000 Permanent Current…

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A: GIVEN, sales 10300 operating cost 6450 depreciation 1400 BOND 4800 INT RATE 6%…

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A: Given information: Operating income: $3,100,000 Tax : 38% Investment : $20,000,000 Cost of capital :…

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A: Data given: Sales                                   = $12 milion Cost  (75% of Sales)           = $…

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A: EBITDA stands for Earnings before interest, taxation, deparation and amortization. Net income =…

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A: Calculation of Current Price per share and Current Price per share after recapitalization: Excel…

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A: Given: Sales $15,500 Operating Costs $8,250 Depreciation $1,750.  It had $9,000 of bonds outstanding…

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A: Given information, Total Sales =$14,500,000 Interest expenses =$318,000 Cost of goods sold =58% of…

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A: Calculate the earnings before tax (EBT) as follows:

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A: The question is based on the concept of capital structure and the effective cost of capital. The…

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A: Since you have posted a question with multiple sub-parts, we will solve first three subparts for…

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A: Assets Turnover=  It indicates how the entity is using its assets to produce the revenue. RNOA= It…

Q: A company has annual after-tax operating cash flows of P2,000,000 per year which are expected to…

A: After-tax operating cash flows = P 2,000,000 After tax WACC = 8%

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A: We will have to make use of various ratios to figure out our answer.

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A: Additional funds needed(AFN), as the name itself implies, refers to the additional funds the company…

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Q: Compute the projected after-tax operating cash flow for Steber during the coming year.

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A: WORKING NOTE  1) tax @21%(3000*21%)=630

Q: The Alpha Beta Company is attempting to establish a current assets policy. Fixed assets are…

A: ROE is a ratio which shows the relation between net earnings and firm’s equity. It shows how much…

Q: vanhoe Corporation has $310 million of debt outstanding at an interest rate of 9 percent. What is…

A: When a non-operating expense is deductible in the income statement, the amount of tax benefit from…

Q: National Co. has the opportunity to increase its annual sales by P125,000 by selling to a new,…

A: Manufacturing and selling expense = 125,000 x 70% = 87,500 Uncollectible expense = 125,000 x 10% =…

Q: Steber Packaging, Inc., expects sales next year of $50 million. Of this total, 40 percent is…

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Q: Round your answer to the nearest dollar. Use a minus sign to enter a negative value, if any.

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A: Gross profit is a profit a company makes after deducting associated with making and selling its…

Q: The S&H construction company expects to have total sales next year totaling $15,300. In addition,…

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Q: Compute the projected after-tax operating cash flow for Steber during the coming year. E

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A: The annual cash expenditures and inflows associated with a project are represented by net cash flow.…