User Account

All Pages

Calculate the total fixed costs

Assignment Help Accounting Basics
Reference no: EM132719459

Question: Collegebooks Company has two locations, downtown and on campus. During March, the company reported net income of $164,000 and sales of $1.2 million. The contribution margin in the downtown store was $320,000 (40% of sales). The segment margin in the mall store is $200,000. Direct fixed costs are $85,000 in the downtown store and $98,000 in the mall location. Total fixed costs (direct and allocated) total.

Reference no: EM132719459

Questions Cloud

How much will she have to spend on her vacation : Jocelyn wants to set aside funds to take an around the world cruise in four years. Assuming that Jocelyn has $12,000 to invest today in an account expected.
What is the mirr at a interest rate : A project costs $22900 to initiate. It's expected to provide cash flows of $15,900 in year 1 and $9900 in year 2, in year 3 it will cost $5,500
What is the amount of bad debt expense to recognize : Molina Company had a $700 credit balance in Allowance for Doubtful Accounts. What is the amount of bad debt expense to recognize for the year
What is the annual coupon rate : What is the annual coupon rate today if the YTM is 7%?
Calculate the total fixed costs : Collegebooks Company has two locations, downtown and on campus. During March, the company reported net income of $164,000 and sales of $1.2 million.
Compute the annualized compound return : The chief trader at AM Hedge Fund purchases a 20 year, 3.5% coupon bond [annual pay] at 98.5. She plans to hold it for 7 years
Determine the net change in cash for each year : Determine the net change in cash for each year. Which is better for measuring the cash flow available for investment, dividends, debt repayments
What is the total interest in payments : By how much will payments 22 to 31 inclusive reduce the principal balance? What is the total interest in these payments?
Should the company purchase the new machine and why : Labour costs will be $12,000 in the first year of operations are expected to rise by 8 percent each year. Should the company purchase the new machine?

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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