1. Dove Company has Revenue Cost of Goods Sold Administrative Expenses Marketing Expenses Interest Expenses...
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1. Dove Company has Revenue Cost of Goods Sold Administrative Expenses Marketing Expenses Interest Expenses Depreciation Expenses Tax 30% 12,000,000 4,000,000 600,000 300,000 80,000 150,000 Questions: Find VCRR, CFC, TOFC, EBIT, Net Profit, Net Cash Inflow, SR, NR? 2. In early 2019, Mike & Jane founded Mike & Janes Moon Cake Company. They began producing small quantities of unique flavors and blends in limited editions. Revenues were $800,000 in 2020 and were estimated at $2.2 million in 2021. Because Mike & Jane were selling premium moon cake containing premium ingredients, each small piece of moon cake sold for $5 and the cost of producing the moon cake averaged $2 per piece. Other expenses plus taxes averaged an additional $1 per piece of moon cake in 2020 and were estimated at $3.50 per piece in 2021. A. Determine the number of pieces of moon cake sold each year. B. Estimate the dollar amounts of gross profit and net profit for Mike & Janes venture in 2020 and 2021. C. Calculatethegrossprofitmarginsandnetprofitmarginsin2020and2021. D. Briefly describe what has occurred between the two years
1. Dove Company has Revenue
Cost of Goods Sold Administrative Expenses Marketing Expenses Interest Expenses Depreciation Expenses Tax 30%
12,000,000 4,000,000 600,000 300,000 80,000 150,000
Questions: Find VCRR, CFC, TOFC, EBIT, Net Profit, Net Cash Inflow, SR, NR?
2. In early 2019, Mike & Jane founded Mike & Janes Moon Cake Company. They began producing small quantities of unique flavors and blends in limited editions. Revenues were $800,000 in 2020 and were estimated at $2.2 million in 2021. Because Mike & Jane were selling premium moon cake containing premium ingredients, each small piece of moon cake sold for $5 and the cost of producing the moon cake averaged $2 per piece. Other expenses plus taxes averaged an additional $1 per piece of moon cake in 2020 and were estimated at $3.50 per piece in 2021.
A. Determine the number of pieces of moon cake sold each year.
B. Estimate the dollar amounts of gross profit and net profit for Mike & Janes venture in
2020 and 2021.
C. Calculatethegrossprofitmarginsandnetprofitmarginsin2020and2021. D. Briefly describe what has occurred between the two years
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