operating income
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- Mendel Incorporated has an operating leverage of 3.8. If the company's sales increase by 10%, its net operating income should increase by about:Consider the following simplified financial statements for the Wims Corporation (assuming no income taxes): Income Statement Sales Costs Net income The company has predicted a sales increase of 11 percent. It has predicted that every item on the balance sheet will increase by 11 percent as well. Create the pro forma statements and reconcilie them. What is the plug variable here? $ 23,000 14,300 $8,700 Total Multiple Choice $9,195 $9,204 $9.217 $19,612 Assets $9,99 Balance Sheet $9,500 Debt Equity $9,500 Total $5,500 4,000 $9,500Sales for Green Inc. are expected to change by 16%. If Green's degree of operating leverage is 2.20, how much is Green's operating income expected to change? A В D E 1 2 3 Green's operating income is expected to change by: 4 6 7 8 9 10
- Earnings per share (EPS) for Valcor Inc. are $3 at a sales level of $4 million. If Valcor’s degree of operating leverage is 2.0 and its degree of combined leverage is 4.0, what will happen to EPS if operating income increases by 4 percent? Round your answer to the nearest whole number.%ΔEPS: % What is the new EPS? Round your answer to the nearest cent.$Consider the following simplified financial statements for the Wims Corporation (assuming no income taxes): Income Statement Sales Costs Multiple Choice $ 29,000 Assets 14,000 $ 15,000 Total о Net income $9,400 The company has predicted a sales increase of 10 percent. It has predicted that every item on the balance sheet will increase by 10 percent as well. Create the pro forma statements and reconcile them. What is the plug variable here? O $16,105 O O $26,760 $16,109 $16,120 Balance Sheet $9,400 Debt $16,101 Equity Total $ 5,600 3,800 $ 9,400Calculate Sales Revenue for Company XYZ Ltd for 2016; if Market Demand = 18 million, XYZ's Market Share 12%, Average Selling Price = $15: $32.4 million $30 million. $22.5 million O $27 million
- (Using degree of operating leverage) Last year Baker-Huggy Inc. had fixed costs of $150,000 and net operating income of $34,000. If sales increase by 18 percent, by how much will the firm's NOI increase? What would happen to the firm's NOI if sales decreased by 21 percent? If sales increase by 18%, the change in the firms NOI will be (a decrease or increase) of _ %If a firm has a contribution margin of $78M90 and a net income of $13,700 for the current month, what is their degree of operating leverage? 0.21 1.21 2.4 5.7Wallace Industries has total contribution margin of $58,560 and net income of $24,400 for the month of April. Wallace expects sales volume to increase by 5% in May. What are the degree of operating leverage and the expected percent change in income for Wallace Industries? 0.42 and 2.2% 0.42and5% 2.4andl2% 2.Sandl3%
- If a firm has a contribution margin of $59,690 and a net income of $12,700 for the current month, what is their degree of operating leverage? A. 0.18 B. 1.18 C. 2.4 D. 4.7If sales increase from R80 000 per year to R120 000 per year, and if the operating leverage is 5, then net income should increase by: A. 167%. B. 100%. C. 334%. D. 250%.4.1 Calculating EFN Based on the following information for the Skandia Mining Company, what is EFN if sales are predicted to grow by 10 percent? Use the percentage of sales approach and assume the company is operating at full capacity. The payout ratio is constant. Income Statement Sales Costs Taxable income Taxes (34%) Net income Dividends Addition to retained earnings $4,250.0 3,875.0 $ 375.0 127.5 $ 247.5 $82.6 164.9 SKANDIA MINING COMPANY Financial Statements Assets Current assets Net fixed assets Total assets Balance Sheet $ 900.0 2,200.0 $3,100.0 Liabilities and Owners' Equity Current liabilities Long-term debt Owners' equity Total liabilities and owners' equity 4.2 EFN and Capacity Use Based on the information in Problem 4.1, what is EFN, assuming 60 percent capacity usage for net fixed assets? Assuming 95 percent capacity? 4.3 Sustainable Growth Based on the information in Problem 4.1, what growth rate can Skandia maintain if no external financing is used? What is the…
