Renny Jose Thottan INCOME STATEMENT
i need a help to finish this work today because i will submit before 9:00pm
Renny Jose Thottan INCOME STATEMENT FY 12/31 Assumptions 2015 Revenue 130,000,000 100.0% Cost of Goods Sold 58,500,000 45.0% Gross Profit 71,500,000 55.0% G. Margins ↑ 1.0% Sales and Marketing (S&M) 26,000,000 20.0% General and Admin 13,000,000 10.0% G&A improves 0.5% (CSB) Research and Development 5,000,000 3.8% Depreciation and Amortization 5,000,000 3.8% D&A Stable ($ value) Total Operating Costs 49,000,000 37.7% Operating Income 22,500,000 17.3% Interest Income 250,000 0.2% Approx 4.0% of Avg. Cash Interest Expense 880,000 0.7% 7% of Total Debt 0.0% Pre Tax Income 21,870,000 16.8% Tax (35%) 7,654,500 5.9% Same rate as previous year Net Income 14,215,500 10.9% EPS - Basic $ 1.42 EPS - Diluted Shares Outstanding 10,000,000 Shares Outstanding for Diluted 5 mil common stock warrants exercisable @ $4.00, stock price for calculations = $5 BALANCE SHEET 12/31/15 Cash 5,000,000 10,684,932 Collec period = 25 days 7,212,329 Days Inv = 40 days Other 5,000,000 ↓ $1,000,000 Total Current Assets 27,897,260 PP&E 50,000,000 No change Less Accumulated Depreciation 5,000,000 PP&E 10 yr SLD Net PP&E 45,000,000 Other 5,000,000 No change STRONG Suggestion - Completely fill in Common Size numbers Common Size Revenue - 15% S&M ↓ 1.0% (CSB) R&D ↑ $500,000 A/R (Avg Collec Period = 30 days) Inventory (Days Inv. Held = 45)
Answers
Status NEW
Posted 10 Dec 2017 09:12 AM
My Price 10.00
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