Business, 19.09.2019 00:00 bertha4082
Suppose that in 2014 sales increase by 10% over 2013 sales and that 2014 dividends will increase to $112,000. forecast the financial statements using the forecasted financial statement method. assume the firm operated at full capacity in 2013. use an interest rate of 13%, and assume that any new debt will be added at the end of the year (so forecast the interest expense based on the debt balance at the beginning of the year). cash does not earn any interest income. assume that the all new debt will be in the form of a line of credit. i put the solution up so it can be used as a reference to solve the problems for the questions that i have below. operating cost 3,607,692 (what was multiplied or divided by to get this answer)ebit 352,308 (what was multiplied or divided by to get this answer)debt 20,280 (what was multiplied or divided by to get this answer)taxes 132,811 (what was multiplied or divided by to get this answer)addition to re 87,217 (what was multiplied or divided by to get this answer)income statement for december 31, 2013sales $3,600,000operating costs 3,279,720ebit $ 320,280interest 18,280pre-tax earnings $ 302,000taxes (40%) 120,800net income $ 181,200dividends $ 108,000balance sheet as of december 31, 2013cash $ 180,000 accounts payable $ 360,000receivables 360,000 notes payable 156,000inventories 720,000 line of credit 0total current assets $1,260,000 accruals 180,000fixed assets 1,440,000 total current liabilities $ 696,000common stock 1,800,000retained earnings 204,000total assets $2,700,000total liabilities and equity $2,700,000
Answers: 3
Business, 22.06.2019 07:30, suyi14
An important application of regression analysis in accounting is in the estimation of cost. by collecting data on volume and cost and using the least squares method to develop an estimated regression equation relating volume and cost, an accountant can estimate the cost associated with a particular manufacturing volume. consider the following sample of production volumes and total cost data for a manufacturing operation. production volume (units) total cost ($) 400 4000 450 5000 550 5400 600 5900 700 6400 750 7000 compute b 1 and b 0 (to 2 decimals if necessary). b 1 b 0 complete the estimated regression equation (to 2 decimals if necessary). = + x what is the variable cost per unit produced (to 1 decimal)? $ compute the coefficient of determination (to 4 decimals). note: report r 2 between 0 and 1. r 2 = what percentage of the variation in total cost can be explained by the production volume (to 2 decimals)? % the company's production schedule shows 500 units must be produced next month. what is the estimated total cost for this operation (to 2 decimals)? $
Answers: 1
Business, 22.06.2019 18:30, saneayahsimmons
What historical context does wiesel convey using the allusion of a fiery sky? he compares the sky to hell. the fires from air raids during world war ii the cremation of jews in the concentration camps the outbreak of forest fires from bombs in world war ii
Answers: 1
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