Calculate the total number of copies that publisher expects

Assignment Help Financial Management

Reference no: EM13976287

Your finance text book sold 52,500 copies in its first year. The publishing company expects the sales to grow at a rate of 23.0 percent for the next three years, and by 13.0 percent in the fourth year. Calculate the total number of copies that the publisher expects to sell in year 3 and 4. (If you solve this problem with algebra round intermediate calculations to 6 decimal places, in all cases round your final answers to the nearest whole number.)

Reference no: EM13976287

Questions Cloud

What would his tax bill be if he makes the contribution : Assume Reginald Worthington, who pays 40 percent in income taxes, plans to contribute $100,000 to not for profit Ravenswood Community Hospital. Without the contribution, his tax bill would be $500,000. What would his tax bill be if he makes the contr..

Investors face when investing in government securities : Many times students will discuss how U.S government bonds are backed by the full faith and creit of the U.S government. Generally government bonds have always been assumed to not have any risk. Therefore, even though these bonds have been thought to ..

What was its year-end debt and assets ratio : Billings worth Company had earnings per share of $4 last year and it paid a $2 dividend. Total retained earnings increased by $12 million during the year, and the book value per share at year-end was $40. Billings worth has no preferred stock, and no..

Pay for it out of a flexible spending account : If Johnathan normally has $5,000 in child-care expenses each year, how much would she save if she could pay for it out of a flexible spending account, assuming her marginal tax rate is 25 percent?

Calculate the total number of copies that publisher expects : Your finance text book sold 52,500 copies in its first year. The publishing company expects the sales to grow at a rate of 23.0 percent for the next three years, and by 13.0 percent in the fourth year. Calculate the total number of copies that the pu..

Profit bond to produce the same amount of usable income : Assume John Richards pays income taxes at a 30 percent rate. He currently owns a not for profit (municipal) bond that pays 5 percent interest. What interest rate would have to be set on a for profit (corporate) bond to produce the same amount of usab..

Using clean surplus accounting approach based on projected : From your forecasts of starbucks' financial statements for years +1 through +5, derive the projected dividends using the projected amounts for the plug to dividends minus the net amounts of common stock issued each year (if any). Then compute project..

Fixed cost per order problem : An on-line retailer sells 12,000 pairs of shoes each month. A pair of shoes costs $50 on average, and the retailer incurs an annual inventory carrying rate of 52 percent. For what value of fixed cost per order would an order size of 8,000 units per r..

Operating profit-shares of common stock outstanding : Elite Trailer Parks has an operating profit of $282,000. Interest expense for the year was $39,200; preferred dividends paid were $29,500; and common dividends paid were $40,900. The tax was $61,700. The firm has 25,800 shares of common stock outstan..

User Account

All Pages