Sinclair manufacturing and boswell brothers inc are both


Sinclair Manufacturing and Boswell Brothers Inc. are both involved in the production of brick for the home building industry. Their financial information is as follows: Sinclair Boswell Capital Structure Debt @ 10% $ 2,100,000 0 Common stock, $10 per share 1,400,000 $ 3,500,000 Total $ 3,500,000 $ 3,500,000 Common shares 140,000 350,000 Operating Plan: Sales (75,000 units at $15 each) $ 1,125,000 $ 1,125,000 Variable costs 900,000 450,000 Fixed costs 0 325,000 Earnings before interest and taxes (EBIT) $ 225,000 $ 350,000.

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Financial Management: Sinclair manufacturing and boswell brothers inc are both
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