Ralph's Supply Company sold 370 thousand units last year at a price of $25.00 each. Their gross margin was 40%. Their projections for the price will fall by 10%, and the gross margin will be 35%. There is a 60% probability of a normal year with a 5% growth in sales, a 2% growth in price, and a gross margin of 40%. They project a 25% probability of a boom year with a 10% growth in sales, a 12% growth is sales price, and a gross margin of 45%. What are the expected sales revenue, COGS, and gross profit for next year in thousands of dollars

Bayside coatings company purchased waterproofing equipment on january 2, 20y4, for $190,000. the equipment was expected to have a useful life of four years and a residual value of $9,000. instructions: determine the amount of depreciation expense for the years ended december 31, 20y4, 20y5, 20y6, and 20y7, by (a) the straight-line method and (b) the double-declining-balance method. also determine the total depreciation expense for the four years by each method. depreciation expense year straight-line method double-declining-balance method 20y4 $ $ 20y5 20y6 20y7 total $