This paper circulates around the core theme of Pinches Salt Company has the following income statement for 2010: Sales $ 5,000,000 Variable together with its essential aspects. It has been reviewed and purchased by the majority of students thus, this paper is rated 4.8 out of 5 points by the students. In addition to this, the price of this paper commences from £ 99. To get this paper written from the scratch, order this assignment now. 100% confidential, 100% plagiarism-free.
ST1. Pinches Salt Company has the following income statement for 2010: Sales $ 5,000,000 Variable… 1 answer below » ST1. Pinches Salt Company has the following income statement for 2010: View complete question » Sales $ 5,000,000 Variable operating costs 1,000,000 Fixed operating costs 2,000,000 EBIT $ 2,000,000 Interest 500,000 EBT $ 1,500,000 Tax (at 40%) 600,000 EAT $ 900,000 Preferred dividends & ST1. Pinches Salt Company has the following income statement for 2010: Sales $ 5,000,000 Variable operating costs 1,000,000 Fixed operating costs 2,000,000 EBIT $ 2,000,000 Interest 500,000 EBT $ 1,500,000 Tax (at 40%) 600,000 EAT $ 900,000 Preferred dividends 100,000 Earnings available to common stockholders $ 800,000 Shares outstanding 400,000 a. Compute Pinches’s DOL, DFL, and DCL. b. If sales increase to $5,500,000, what is your forecast of EPS? View less » Jan 07 2016 10:51 AM
