- Pls Answer Entirely Q6 1 (71.88 KiB) Viewed 32 times
Pls answer entirely Q6
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answerhappygod
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Pls answer entirely Q6
Pls answer entirely Q6
Displayed below is the 2018 Income Statement for Bearkat Enterprises (BKE) . 2018 (in millions) (in millions) 20.000 6.00 14.00 1.50 Earnings Before Interest and Taxes (EBIT) 12.50 ET 2.50 Earnings Before Taxes (EBT) 10.00 4.00 6.00 4.200 Addition to Retained Earnings Sales Operating Costs EBITDA Depreciation Interest Taxes Net Income Dividends Calculate the values for the 2019 projected (proforma) income statement using the following assumptions (I've provided the 2019 income statement framework to the right of 2018 income statement values): 1) 2019 Sales are expected to increase by 20% over 2018 sales levels, 2) 2019 operating costs will be 40% of projected sales, 3) 2019 interest expense will increase by 20% over 2018 interest expense, and 4) the 2019 tax rate, depreciation amount, and the dividend payout ratio will remain the same as in 2018. Enter the values for 2019: Enter your answers as numbers with 3 decimal places of precision (i.e. 1.234). Keep in values in millions. Projected sales = Operating costs = Interest expense= Tax expense = Projected 2019 1.800 Net income = Dividends =
Displayed below is the 2018 Income Statement for Bearkat Enterprises (BKE) . 2018 (in millions) (in millions) 20.000 6.00 14.00 1.50 Earnings Before Interest and Taxes (EBIT) 12.50 ET 2.50 Earnings Before Taxes (EBT) 10.00 4.00 6.00 4.200 Addition to Retained Earnings Sales Operating Costs EBITDA Depreciation Interest Taxes Net Income Dividends Calculate the values for the 2019 projected (proforma) income statement using the following assumptions (I've provided the 2019 income statement framework to the right of 2018 income statement values): 1) 2019 Sales are expected to increase by 20% over 2018 sales levels, 2) 2019 operating costs will be 40% of projected sales, 3) 2019 interest expense will increase by 20% over 2018 interest expense, and 4) the 2019 tax rate, depreciation amount, and the dividend payout ratio will remain the same as in 2018. Enter the values for 2019: Enter your answers as numbers with 3 decimal places of precision (i.e. 1.234). Keep in values in millions. Projected sales = Operating costs = Interest expense= Tax expense = Projected 2019 1.800 Net income = Dividends =