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Topic: |
Business
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Number of pages / Number of words: |
3 / 823 |
Essay's paper body
To bring it to par they need to sell about $407195 worth of products and lower their purchases.
Their net income has gone from 132600 in year A to 53040 in year C. Results of higher wages and depreciation. COGS has gone up by approximately 150000. The remaining change in net income is from higher depreciation which is about $40000...
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Results of higher wages and depreciation. COGS has gone up by approximately 150000. The remaining change in net income is from higher depreciation which is about $40000. So if managed properly the difference in net income between A and C ($79560) should be available for loan payment.
If industry averages are met their receivables should be around $245000 which will free up about $143000...
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