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Practice1 INPUT DATA Forecasted annual sales growth 10% COGS/SALES 55% SG&A/SALES 20% DEPRECIATION/Gross PPE 8% INTEREST RATE 10% TAX

Practice1 INPUT DATA Forecasted annual sales growth 10% COGS/SALES 55% SG&A/SALES 20% DEPRECIATION/Gross PPE 8% INTEREST RATE 10% TAX RATE 35% CASH/SALES Plug ACCOUNT RECEIVABLE/SALES 35% INVENTORY/SALES 85% ACCOUNTS PAYABLE/SALES 14% OTHER CURRENT LIAB/SALES 25% GROSS PPE 70% of sales if Sales <=45000 27000+0.7(Sales-40000) if 45000< Sales <= 50000 38500+0.3(Sales-50000) if Sales > 50000 No […]

Discussion Question: For what type of cost would it be best to apply which of the methods of estimating cost covered in Chapter 15, and why? Provide a few

Discussion Question: For what type of cost would it be best to apply which of the methods of estimating cost covered in Chapter 15, and why? Provide a few specific examples. Essential Activities: Reading Chapter 15, sections 1-6 in Blank & Tarquin will assist you in writing this discussion forum. image7.jpeg image8.jpeg image9.jpeg image10.jpeg image11.jpeg […]

Example 3-5 Taylor Talbot receives wages amounting to $129,800. Their net earnings from self-employment amount to $32,800. Talbot must

Example 3-5 Taylor Talbot receives wages amounting to $129,800. Their net earnings from self-employment amount to $32,800. Talbot must count $30,400 of their earnings in determining taxable self-employment income for OASDI taxes. OASDI Taxable Wage Base − Wages Received = OASDI Taxable Self−Employment Income $160,200 − $129,800 = $30,400 Ralph Henwood was paid a salary […]