How JustAnswer Works:

  • Ask an Expert
    Experts are full of valuable knowledge and are ready to help with any question. Credentials confirmed by a Fortune 500 verification firm.
  • Get a Professional Answer
    Via email, text message, or notification as you wait on our site.
    Ask follow up questions if you need to.
  • 100% Satisfaction Guarantee
    Rate the answer you receive.

Ask SteveS Your Own Question

SteveS
SteveS, MBA
Category: Homework
Satisfied Customers: 453
Experience:  MBA from Top 5 US Business School, Tutoring Experience for Over Two Years
18851589
Type Your Homework Question Here...
SteveS is online now
A new question is answered every 9 seconds

EXCESS CAPACITY Walter Industries has $5 billion in sales

Customer Question

EXCESS CAPACITY: Walter Industries has $5 billion in sales and $1.7 billion in fixed assets. Currently the company’s fisxed assets are operating at 90% of capacity. A.What level of sales could Walter Industries have obtained if it had been operation at full capacity? B. What is Walter’s target fixed assets/Sales ratio? C. If Walter’s sales increase 12% how large of an increase in fixed assets will the company need to meet its Target fixed assets/ sales ratio?
Submitted: 4 years ago.
Category: Homework
Expert:  SteveS replied 4 years ago.
THIS ANSWER IS LOCKED!
You can view this answer by clicking here to Register or Login and paying $3.
If you've already paid for this answer, simply Login.
SteveS, MBA
Category: Homework
Satisfied Customers: 453
Experience: MBA from Top 5 US Business School, Tutoring Experience for Over Two Years
SteveS and 3 other Homework Specialists are ready to help you
Customer: replied 4 years ago.

Hey can you anser this question also?

17-7 PRO FORMA INCOME STATEMENT: At the end of the year last year, Robert Inc. reported the following income statement (In millions) sales-$ 3,000 Operation costs excluding depreciation-$2450 EBITDA-$550, depreciation- $250, EBIT-$175, taxes (40%)-$70, net income $ 105. Looking ahead to the following year, the company's CFO has assemebled this information: year end sales are expected to be 10% higher than the $3 billion in sales generated last year , year end operating costs, excluding depreciation, are expected to be equal 80% of year end sales, depreciation is expected to increase at the same rate as sales, interest costs are expected to remain unchanged, the tax rate is expected to remain at 40%. On the basis of that information, what will be the forecast for Robert's year end net income?

Expert:  SteveS replied 4 years ago.
Sure, I can answer that no problem. But I'm about to step out at the moment and will return later in the afternoon today. What time do you need this by? If you are okay with getting an answer later in the afternoon, can you please post this question in a new post, and type "For Steve Song" in the title of the post so that I can easily pick it up? Thanks.

Steve
Customer: replied 4 years ago.
yea I have 5 questions actually that need to be answered by around 9 do you think you could do all of them for me? I can post each one separately with that title if you know you will be able to do them for me before 9
Expert:  SteveS replied 4 years ago.
Sure, I can take a look at all of them for you. I'll let you know when I start to look at them in the afternoon so you're not left hanging. Thanks.

Steve
Customer: replied 4 years ago.
ok I will post all 5 separately with your name and just keep me posted. Thank you again for all your help they are all similar to the first 2 you did this morning. They are all from Finance II.

JustAnswer in the News:

 
 
 
Ask-a-doc Web sites: If you've got a quick question, you can try to get an answer from sites that say they have various specialists on hand to give quick answers... Justanswer.com.
JustAnswer.com...has seen a spike since October in legal questions from readers about layoffs, unemployment and severance.
Web sites like justanswer.com/legal
...leave nothing to chance.
Traffic on JustAnswer rose 14 percent...and had nearly 400,000 page views in 30 days...inquiries related to stress, high blood pressure, drinking and heart pain jumped 33 percent.
Tory Johnson, GMA Workplace Contributor, discusses work-from-home jobs, such as JustAnswer in which verified Experts answer people’s questions.
I will tell you that...the things you have to go through to be an Expert are quite rigorous.
 
 
 

What Customers are Saying:

 
 
 
  • Wonderful service, prompt, efficient, and accurate. Couldn't have asked for more. I cannot thank you enough for your help. Mary C. Freshfield, Liverpool, UK
< Last | Next >
  • Wonderful service, prompt, efficient, and accurate. Couldn't have asked for more. I cannot thank you enough for your help. Mary C. Freshfield, Liverpool, UK
  • This expert is wonderful. They truly know what they are talking about, and they actually care about you. They really helped put my nerves at ease. Thank you so much!!!! Alex Los Angeles, CA
  • Thank you for all your help. It is nice to know that this service is here for people like myself, who need answers fast and are not sure who to consult. GP Hesperia, CA
  • I couldn't be more satisfied! This is the site I will always come to when I need a second opinion. Justin Kernersville, NC
  • Just let me say that this encounter has been entirely professional and most helpful. I liked that I could ask additional questions and get answered in a very short turn around. Esther Woodstock, NY
  • Thank you so much for taking your time and knowledge to support my concerns. Not only did you answer my questions, you even took it a step further with replying with more pertinent information I needed to know. Robin Elkton, Maryland
  • He answered my question promptly and gave me accurate, detailed information. If all of your experts are half as good, you have a great thing going here. Diane Dallas, TX
 
 
 

Meet The Experts:

 
 
 
  • Manal Elkhoshkhany

    Tutor

    Satisfied Customers:

    4520
    More than 5000 online tutoring sessions.
< Last | Next >
  • http://ww2.justanswer.com/uploads/BU/BusinessTutor/2012-2-2_115741_Kouki2.64x64.jpg Manal Elkhoshkhany's Avatar

    Manal Elkhoshkhany

    Tutor

    Satisfied Customers:

    4520
    More than 5000 online tutoring sessions.
  • http://ww2.justanswer.com/uploads/LI/lindaus/2012-6-10_04811_IMG20120609164157.64x64.jpg Linda_us's Avatar

    Linda_us

    Finance, Accounts & Homework Tutor

    Satisfied Customers:

    3121
    Post Graduate Diploma in Management (MBA)
  • http://ww2.justanswer.com/uploads/ComputersGuru/2010-02-13_051118_Photo41.JPG LogicPro's Avatar

    LogicPro

    Engineer

    Satisfied Customers:

    3035
    Expert in Java C++ C C# VB Javascript Design SQL HTML
  • http://ww2.justanswer.com/uploads/lanis/2009-4-1_233717_phput9xef_c1pm.jpg Lani S.'s Avatar

    Lani S.

    Tutor

    Satisfied Customers:

    2457
    Registered Nurse, Internet Researcher, Private Tutor
  • http://ww2.justanswer.com/uploads/chooser77/2009-08-18_162025_Chris.jpg Chris M.'s Avatar

    Chris M.

    M.S.W. Social Work

    Satisfied Customers:

    2341
    Master's Degree, strong math and writing skills, experience in one-on-one tutoring (college English)
  • http://ww2.justanswer.com/uploads/JawaadAhmed/2009-6-27_12137_SIs_SHadi.jpg F. Naz's Avatar

    F. Naz

    Chartered Accountant

    Satisfied Customers:

    1975
    Experience with chartered accountancy
  • http://ww2.justanswer.com/uploads/JK/jkcpa/2011-1-16_182614_jkcpa.64x64.jpg Bizhelp's Avatar

    Bizhelp

    CPA

    Satisfied Customers:

    1873
    Bachelors Degree and CPA with Accounting work experience