Question: Could someone please check this for me and also help with the preferred dividends and net income available to to common, common shares fields please

 Could someone please check this for me and also help with

Could someone please check this for me and also help with the preferred dividends and net income available to to common, common shares fields please
Consider the income statement for Squds and Suds, a very popular sports bar that serves only
one product: a plate of gourmet French fries and a pitcher of imported beer for $16 per
serving. In 2016, this company sold 156,250 units of product. The variable costs are 60% of
sales and the fixed costs are $400,000. Tax rate of the company is 40%. Squds and Suds has
interest expense of $100,000, preferred dividends of $100,000 and 1,000,000 of outstanding
shares.
In cell B5, write a formula to calculate Sales.
In cell B6, write a formula to calculate variable costs.
Complete the income statement (cells B7 to B12, and B15).
In cell B17, write a formula to calculate earnings per share.
In cell B26, write a formula to calculate operating breakeven point in units.
In cell B27, write a formula to calculate operating breakeven point in dollars.
If target EBIT is $800,000, write a formula to calculate units to meet EBIT target in
cell B29.
Assume that management of the company believe that unit sales will increases 10% in
Furthermore, they expect that variable costs will remain to 60% and fixed costs
will stay at $400,000.
In cell C21, write a formula to calculate unit sales in 2017.
Using cell referencing, complete the cells C5-C12, C14-C17, C26 and C27.
In cell C33, write a formula to calculate % change in sales from prior year.
In cell C34, write a formula to calculate % change in EBIT from prior year.
In cell B36, write a formula to calculate degree of operating leverage in 2016.
In cell B37, write a formula to calculate degree of financial leverage in 2016.
In cell B38, write a formula to calculate degree of combined leverage in 2016.
In cells C36 to C38, using cell referencing to get the value of DOL, DFL and
DCL in 2017, respectively.
the preferred dividends and net income available to to common, common shares

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