Question: Question 15 (3 points) Dunweiler Inc., is developing a pro forma income statement for the coming year. The chief financial officer estimates that sales will

Question 15 (3 points) Dunweiler Inc., is developing a pro forma income statement for the coming year. The chief financial officer estimates that sales will be $150,000. If gross profits are historically 36% of sales, what is the expected cost of goods sold? Input number only (without $ sign), and no decimal place. A/ Question 16 (2 points) Jensen Inc. has net earnings of $24,000 this year and a dividend payout policy of 40% of earnings. If the firm follows its regular dividend payout policy, what will be the addition to retained earnings this year? Input number only (without $ sign) and no decimal places
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