Break even point for the company

Assignment Help Accounting Basics

Reference no: EM13130920

Parker Company had $5000000 in sales and reported a $300000 loss in its annual report to stockholders.According to a CVP analysis prepared for managements use, $5000000 in sales is the break even point for the company. Did the company's inventory level increased, decrease, or remain unchanged? Explain.

Reference no: EM13130920

Questions Cloud

Find approximate percentage of the men using empirical rule : Using the empirical rule, what is the approximate percentage of the men between the following values? A. 176 cm and 186 cm B. 166 cm and 196 cm.

Determine the net present value using total-cost approach : If the company keeps and overhauls its present generator, then the generator will be usable for eight more years. If a new generator is purchased, it will be used for eight years, after which it will be replaced.

Determining number of servers required : An administrator of a popular website is told that a new faster server, which will replace the old server, can handle 45,000 hits (users accessing the site) per second.

Why we complicate a very simple way of calculating : The directors are wondering why we complicate a very simple way of calculating long service leave – why not “stick with” recognising the expense when we pay for it? What do you think we should do?

Break even point for the company : Parker Company had $5000000 in sales and reported a $300000 loss in its annual report to stockholders.According to a CVP analysis prepared for managements use, $5000000 in sales is the break even point for the company.

Probability that random sample who balance checkbooks : What is the probability that a random sample of size 400 will have less than 49% of the people who balance their checkbooks at least once per month?

What is the value of k at this temperature : At 1100 K, Kp = 0.25 for the following reaction. 2 SO2(g) + O2(g) reverse reaction arrow 2 SO3(g) What is the value of K at this temperature?

What are the steps used in lean production : What are the steps used in lean production which reduces inventories, decreases defects, reduces wastes, and shortens customer response times.

Compute the ka of acetic acid : Using the equation pKa= -log Ka, calculate the Ka from the pH value and the starting acetic acid concentration. Calculate the Ka of acetic acid.

User Account

All Pages