Question: Please answer all parts showing full work and equations! This year, the Feldspar Company will sell 15,340 widgets at $620 per widget. Next year, the

Please answer all parts showing full work and equations!

This year, the Feldspar Company will sell 15,340 widgets at $620 per widget. Next year, the company expects to sell 15% more widgets, and plans to reduce the price per widget by 5% due to improvements in manufacturing. The company projects that the cost ratio will be .6 next year and that DSO will be 38 days with inventory turnover of 8 (based on COGS). Calculate the following for next year: a. (5 pts) Sales Revenue b. (5pts) COGS c. (5 pts) Accounts Receivables

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!

McGuire Corporation began operations in 2024. The company purchases computer equipment from manufacturers and then sells to retail stores. During 2024, the bookkeeper used a check register to record...

Please answer all parts showing full work and equations! This year, the Feldspar Company will sell 15,340 widgets at $620 per widget. Next year, the company expects to sell 15% more widgets, and...

Please show work! 10. This year, the Feldspar Company will sell 15,340 widgets at $620 per widget. Next year, the company expects to sell 15% more widgets, and plans to reduce the price per widget by...

Using the information provided, please answer question #1, SHOWING ALL WORK ACCORDINGLY ON ALL PARTS. Thank you! Big10Sweaters.com is a new company started last year by two recent college graduates....

Please answer question #2, SHOWING ALL WORK ACCORDINGLY ON ALL PARTS. Thank you! Big10Sweaters.com is a new company started last year by two recent college graduates. The idea behind the company was...

Please answer question #1, SHOWING ALL WORK ACCORDINGLY ON ALL PARTS. Thank you! Big10 Sweaters.com is a new company started last year by two recent college graduates. The idea behind the company was...

Answer each of the questions below. Show all your work. i. Safeassign Corp. has a debt to equity ratio of .85. Its Weighted average cost of capital is 9.9% and the tax rate is 35%. If Safeassigns...

Summarize the highlights of the video talk and connect it to chapter 8 around the concepts of Funding your business. This talk is 15 years old how do you think VC financing has changed (or not)?...

Using disclosures made in the 2015 Woolworths Annual Report, 2015 Woolworths CSR Report or current website for Woolworths (http://www.woolworthslimited.com.au) identify and provide 4 examples where...

please answer all parts Please use the formula approach or calculator approach (no excel approach), and answer the following questions: 1. Suppose you invest the $1,000 from the previous example...

Question1 (40 marks) Refer to Table 1. Write the Excel formula for each cell marked with "" in column C such that formula could be copied and pasted into columns D and E using Microsoft Excel without...

Janis Company contracted with its 80%-owned subsidiary, Essuman Equipment Company, for the construction of two stamping machines. The first machine was completed and put into operation on July 1,...

Corporation A receives a dividend from Corporation B. Corporation A includes the dividend in its gross income for tax and financial accounting purposes (no book-tax difference). If A has accounted...

The cost ( in dollars ) of producing x units of a certain commodity is C ( x ) = 3 , 0 0 0 1 2 x 0 . 0 5 x 2 . ( a ) Find the average rate of change ( in $ per unit ) of C with respect to x when the...

Conville signed a note as an officer of the Hughesville Manufacturing Corporation, but she did not name the corporation in the note or indicate that she was acting as an officer for it. Later, she...

It is February 1, 2020, and you are an audit senior at Ben & Jerry LLP (B&J) working on the December 31, 2019, year-end audit for Nice Life Inc. (NLI). This is only B&J's second year as...

Over the last 20 years, US car producers have been focusing on trucks and sports utility vehicles (SUV's). This strategic focus derived from analysis of marketing information on consumers and...

The Price of Baked Beans As residents in the UK hunkered down at home to protect themselves from the spread of novel Coronavirus they filled the pantries with toilet paper, sanitizing products and...

(1) Find the direction vector of the line joining the points (a) A(7,6) and B(-2,5), (b) with position vectors -3i- 4j and -2i + 7j, () (4,-2) nd Q(4,9). (2) Find the vector equation of the line (a)...

Daisy Corporation, a calendar year accrual method taxpayer, manufactures and sells life-like plastic flowers. A. Daisy is sued by a customer, Catherine, who is injured in 2024 when she slips and...

4.81 A college bookseller makes calls at the offices of professors and forms the impression that professors are more likely to be away from their offices on Friday than any other working day. A...

4.78 A real estate agent is interested in the relationship between the number of lines in a newspaper advertisement for an apartment and the volume of inquiries from potential renters. Let volume of...

4.74 Consider the joint probability distribution: X 1 2 Y 0 0.70 0.0 1 0.0 0.30 a. Compute the marginal probability distributions for X and Y. b. Compute the covariance and correlation for X and Y....