At the vicksburg company actual sales are 1200000 and

Assignment Help Accounting Basics
Reference no: EM13612701

At the Vicksburg Company actual sales are $1,200,000 and break-even sales are $840,000. Compute (a) the margin of safety in dollars and (b) the margin of safety ratio.

(1) Explain how the analysis is to be performed  and

(2) Show all computations required to arrive at the correct answer.

Reference no: EM13612701

Questions Cloud

Royal petroleum co can buy a piece of equipment that can be : royal petroleum co. can buy a piece of equipment that can be financed with debt at a cost of 6 percent after-tax and
An issue of common stock is expected to pay a dividend of : an issue of common stock is expected to pay a dividend of 4.80 at the end of the year. its growth rate is equal to
A project will require an initial investment of 750000 and : a project will require an initial investment of 750000 and will return 200000 each year for five years. if taxes are
You would like to create a portfolio that is equally : you would like to create a portfolio that is equally invested in a risk-free asset and two stocks. the one stock has a
At the vicksburg company actual sales are 1200000 and : at the vicksburg company actual sales are 1200000 and break-even sales are 840000. compute a the margin of safety in
The inventive co is considering a new project this project : the inventive co. is considering a new project. this project requires an initial cash investment of 70000. the project
Leadership and skills planning and control there are many : there are many projects known to the public which have received attention by the media because of their perceived
How is a taxable estate calculated how do lifetime gifts : how is a taxable estate calculated? how do lifetime gifts fit into this equation? if you had an estate worth 10 million
Explain how a company chooses a taxable year what do you : explain how a company chooses a taxable year. what do you think the taxable year for the following businesses would be?

Reviews

Write a Review

Accounting Basics Questions & Answers

  Degrees inc a manufacturer of frozen food began operations

degrees inc. a manufacturer of frozen food began operations on july 1 of the current year. during this time the company

  Richards company uses the allowance method of accounting

richards company uses the allowance method of accounting for bad debts. the following summary schedule was prepared

  Your parents will retire in 23 years they currently have

your parents will retire in 23 years. they currently have 240000 and they think they will need 1600000 at retirement.

  Currently in-sync fixtures uses a traditional costing

the average cost data are for in-sync fixtures companys a retailer only two product lines marblette and italian

  In the month of march picard spa services 500 clients at an

in the month of march picard spa services 500 clients at an average price of 120. during the month fixed costs were

  Verhague corporations net cash provided by operating

verhague corporations net cash provided by operating activities was 84000 its net income was 61000 its capital

  Compute depreciation expense using straight-line method

Compute depreciation expense for 2011 and 2012 using (1) the straight-line method, (2) the units-of-activity method, and (3) the double-declining balance method.

  Money market hedge

Explain the steps to take for a money market hedge. You need to describe clearly the amounts which are related to the actions to take.

  A company purchased at a cost of 17767 and used 3058 pounds

a company purchased at a cost of 17767 and used 3058 pounds of materials during may standard cost of materials per unit

  State whether each years net income before your corrections

antique carpets books show the following data in thousands. in early 2013 auditors found that the ending inventory for

  If raymondos expects to use 4000 kilowatt hours of

raymondos restaurant wants to find an equation to estimate monthly utility costs. raymondos has only been in business

  Schaefer company is in the process of adjusting and

schaefer company is in the process of adjusting and correcting its books at the end of 2010. the books are still open

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd