Homework answers / question archive / A firm has a net income of $8 on sales of $40 with total assets of $90 including fixed assets of $75

A firm has a net income of $8 on sales of $40 with total assets of $90 including fixed assets of $75

Finance

Share With

A firm has a net income of $8 on sales of $40 with total assets of $90 including fixed assets of $75. Having a retention ratio of 50 percent, if the firm is now operating at 80 percent capacity, what are the maximum sales at full capacity?

Option 1

Low Cost Option

Download this past answer in few clicks

2.94 USD

PURCHASE SOLUTION

Already member? Sign In

Option 2

Custom new solution created by our subject matter experts

GET A QUOTE

rated 5 stars

Purchased 8 times

Completion Status 100%

View Answer

Sitejabber (5.0)

BBC (5.0)

Trustpilot (4.9)

Google (5.0)

Related Questions

A young family take a 180000 mortgage at i12 3
Chavez S
A BSecurities assists issuers by pricing and selling new securities to the general public
Sheila39s Society Clothing Manufacturer has collection centres around the country to speed up cash collections
The SaleemiCorporation39s 1000 bonds pay 8 percent interest annually and have 13 years until maturity
Construct a Pro Forma Income Statement for Tesla for the next year assuming that Sales grow 30 next year and assuming all costs go up with sales
On the 15th of May 2012 you enter a Forward Rate Agreement FRA to borrow on the 15th of September 2012 1rsquo000rsquo000 for 7 months at a fixed annualized interest rate of 5 for a FRA with a contract length of 7 months the compounding frequency is 12 7 times c
ABC Inc
What is the investment in total net operating capital Use the financial statements below to calculate Income Statements for Year Ending December 31 Thousands of Dollars 2016 2015 Sales 945000 900000 Expenses excluding depreciation and amortization 812700 774000 EBITDA 132300 126000 Depreciation and amortization 33100 31500 EBIT 99200 94500 Interest Expense 10470 8600 EBT 88730 85900 Taxes 40 35492 34360 Net income 53238 51540 Common dividends 43300 41230 Addition to retained earnings 9938 10310 December 31 Balance Sheets Thousands of Dollars Assets 2016 2015 Cash and cash equivalents 47250 45000 Shortterm investments 3800 3600 Accounts Receivable 283500 270000 Inventories 141750 135000 Total current assets 476300 453600 Net fixed assets 330750 315000 Total assets 807050 768600 Liabilities and equity Accounts payable 94500 90000 Accruals 47250 45000 Notes payable 26262 9000 Total current liabilities 168012 144000 Longterm debt 94500 90000 Total liabilities 262512 234000 Common stock 444600 444600 Retained Earnings 99938 90000 Total common equity 544538 534600 Total liabilities and equity 807050 768600
On December 31 2016 IZZY Corporation presents the following information in its financial statements From the Statement of Financial Position Cash Php 900 000 Accounts Receivables 1 400 000 Inventory 850 000 Prepaid Items 90 000 Accounts Payables 550 000 From the Statement of Comprehensive Income Sales Php 7 800 000 Cost of Sales 5 460 000 Operating Expenses 1 450 000 Financing Charges 150 000 REQUIRED Compute the following 1

menu