User Account

All Pages

Compute sales and marketing expense

Assignment Help Financial Accounting
Reference no: EM132736276

Problem 1: Revenue for Q4-19 is $125M and Sales & Marketing Expenses are 2% of revenue. For 2020 budget company is forecasting 5% sequential growth in Q1-20 and 7.5% in Q2-20 for revenue. Compute Sales & Marketing expense for Q2-20 by keeping same % of revenue.

Select one:

a. $2.50M
b. $2.82M
c. $2.63M
d. $2.66M

Reference no: EM132736276

Questions Cloud

Identify any significant events or conditions : Identify any significant events or conditions that individually or collectively may cast significant doubt on SS's ability to continue as a going concern.
Simple balance scorecard for emergency service of teleaid : Of all the operations which have to respond quickly to customer demand, few have more need of speed than the emergency services.
What the company forecasted accounts receivable will be : For Q1-20, the company is forecasting 5% sequential growth and DSO 40 days. The company's forecasted accounts receivable will be
Identify and explain the threat to independence : Chris Pine is the audit partner in the Chartered Accounting firm of Pine & Associates, (PA). Identify and explain the threat to independence
Compute sales and marketing expense : Compute Sales & Marketing expense for Q2-20 by keeping same % of revenue. Revenue for Q4-19 is $125M and Sales & Marketing Expenses
What will the journal entry on given date : ABC Company buys a truck for $14,000 in April, 2016. In January 2017 they got repair work done on the truck for a total of $5,000 that they record.
What would be the total gross margin : If Q1-20 revenue is increased by 5%, what would be the total gross margin % in Q1-20 if incremental revenue in Q1-20 has 12% margin.
How much of a marriage penalty will they incur : Linda's 2020 taxable income as a single individual would be $212,000. When they marry before the end of 2020, how much of a marriage penalty will they incur
Explain relevance to the organization goals : Explain its relevance to the organization's goals. Discuss at least three.

Reviews

Write a Review

Financial Accounting Questions & Answers

  Government regulation

In 1983 the Bell Telephone System, which operated as AT&T, was broken up, resulting in the creation of seven regional telephone companies.  AT&T stockholders received shares of the new companies and the continuing AT&T, which handled long distance se..

  Explain difference between profit and cash change

The general manager of Qantas had two concerns: the company's worsening cash position ($3000 cash and No bank loan at the end of 2011, No cash and a $7,000 bank loan at the end of 2012) and an inadequate level of net profit. (According to General ..

  Determine what was gross profit

What was profit or loss from these transactions (in 2018 and 2019 combined)? What was gross profit for 2018 and 2019, respectively?

  Identify the appropriate reporting treatment

Identify the appropriate reporting treatment from the list and as an extraordinary item

  Determine the discounted and accumulated values of payments

$15 at the beginning of each month for 20 years. Determine the discounted and accumulated values of these payments at j4 = 6%.

  Write and summarise the difference when an entity holds

Write and Summarise the difference when an entity holds 1% of another entity vs 20% vs 50% vs 80% vs 100% in relation to the different types of investments.

  Explain the product and the production process

Explain the product and the production process and show how you would determine quantity of spoiled units that are normal versus abnormal.

  Estimate the value of the common stock

Estimate the value of the common stock. Mestron Motors' common stock currently pays an annual dividend of $1.80 per share.

  How the new position categories would need to be adjusted

An operating lease was entered into during the year. Identify how the new position categories would need to be adjusted for each of the transactions.

  Calculate amount of right-of-use asset and lease liability

Calculate the amount of the right-of-use asset and lease liability. (Round factor values to 5 decimal places, e.g. 1.25124 and final answers to 2 decimal)

  What does goodwill represent that arose from big acquisition

What is goodwill? How does goodwill arise? What does the goodwill represent that arose from BIG's acquisition of JWMS? In other words, what did BIG pay

  How much will have in account when turn seventy years old

A 401(k) plan offers individuals the opportunity to save money tax-free while they working, how much will you have in your account when you turn 70 years old?

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