Please provide the answer to the last question. Do not provide solution steps to the questions marked on green. I already know how to do those!!! SM.61 A small but growing online retailer, Nile Corporation, has shown impressive growth in sales over the past several years, with sales this past year at$1,156,000.If the company has a net profit margin of 2.75 percent, what would its net profit be (in dollars)? (Display your answer as a whole number.)31790f in the next year the company achieves its revenue growth target of 12 percent, what would its total revenue be? (Display your answer as a whole number.)1294720If in the next year the company achieves its revenue growth target of 12 percent, and assuming its profit margin remained unchanged at 2.75 percent, whatwould its total profit be for next year? (Display your answer as a whole number.)35605If the company achieves its revenue growth target of 12 percent, by how many dollars will revenue increase? (Display your answer as a whole number.)138720f the company achieves its revenue growth target of 12 percent, by how many dollars will net profit increase? (Display your answer as a whole number.)3815Using the original revenue number of $1,156,000, if the company spends 70 percent of its revenue on purchases, what would be its purchasing expense?(Display your answer as a whole number.)809200Assuming that revenues stayed flat (meaning the company did not try to increase sales by the 12 percent target), by what percentage would they have todecrease purchasing expenses to equal the increased profit that would have come from a 12 percent increase to revenues? (Write your answer as abercentage, and display your answer to two decimal places.)

Profit depends on the expenses and if expenses decreases the profit will increase but if expenses…

Assuming that revenues stayed flat (meaning the company did not try to increase sales by the 12 percent target), by what percentage would they have to decrease purchasing expenses to equal the increased profit that would have come from a 12 percent increase to revenues? (Write your answer as a orconta go and dicplov vour oncwor to two doeimal plages

Assuming that revenues stayed flat (meaning the company did not try to increase sales by the 12 percent target), by what percentage would they have to decrease purchasing expenses to equal the increased profit that would have come from a 12 percent increase to revenues? (Write your answer as a orconta go and dicplov vour oncwor to two doeimal plages

Financial Reporting, Financial Statement Analysis and Valuation

8th Edition

ISBN:9781285190907

Author:James M. Wahlen, Stephen P. Baginski, Mark Bradshaw

Publisher:James M. Wahlen, Stephen P. Baginski, Mark Bradshaw

Chapter10: Forecasting Financial Statement

Section: Chapter Questions

Problem 3QE

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