Cost of sales without depreciation

Assignment Help Financial Management

Reference no: EM13765673

Bruto's sales for year 2014 were $74889 thousands of dollars. For that year the cost of sales without depreciation was 78% the value of sales and depreciation was 7.333% the value of sales.

Calculate the Net Income of Bruto, assuming that the income tax for the company is 35% and that they are projecting an increase in sales of 10%, with an interest expense of $306 thousands of dollars

Note: Express the terms of your answer strictly numerical terms, and rounded to the nearest thousand unit. Example: If your answer is one million fifty thousand and one hundred dollars (or $1,050,100), write: 1050.

Reference no: EM13765673

Questions Cloud

What is ratio analysis : What is ratio analysis? Also briefly describe the three basic categories or ways that ratio analysis is used.

Differentiate between outsourcing and off shoring : Differentiate between outsourcing and off shoring. Analyze the pros and cons of these practices.

Describe the product life cycle for managing products : Describe the product life cycle as a useful tool for managing products after they have been introduced to foreign markets.

Cultural dimensions-human resource management : Describe the five cultural dimensions identified by Geert Hofstede as they apply to human resource management.

Cost of sales without depreciation : Bruto's sales for year 2014 were $74889 thousands of dollars. For that year the cost of sales without depreciation was 78% the value of sales and depreciation was 7.333% the value of sales.

How much are the monthly payments on the loan : Becky Lewis financed the construction of a garage on her lot with 9.3% add-on interest home improvement loan from the Guaranteed Savings Bank. The total price of the garage was $11,860 and was financed with equal monthly payments for 6 years. How muc..

What will be the effect on cash flows of this sale : Suppose you sell a fixed asset for $110,000 when its book value is $130,000. If your company’s marginal tax rate is 35 percent, what will be the effect on cash flows of this sale (i.e., what will be the after-tax cash flow of this sale)?

Changes in the value of the euro relative to the dollar : A ski resort in Vail Colorado is relying on 30% of its anticipated 28,000 customers coming from Europe this winter. The resort's amenities and services are all dollar priced but you know that changes in the value of the euro relative to the dollar wi..

With interest credited to the account at end of each year : Suppose you deposit $5340 in a savings account that pays 4% annual interest, with interest credited to the account at the end of each year. How much money will be in the account after five years?

User Account

All Pages