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Build a model to help a company determine gross profit. Gross profit is simply the excess of revenues over expenses. The company’s total costs contain both fixed and variable costs. Fixed costs are the same no matter how many units they sell, and variable costs fluctuate with sales volume.
It can be determined that this company's fixed costs are $150,000 per year.
Its variable costs are $20/unit.
If it sells 25,000 units at $60 each, what would its gross profit be?
Please show your work and formulas used to get to the answer.
What qualitative factors (that is, issues with vendors, customers, or within the product itself) should the Ski Pro Corporation consider in determining whether they should make or buy the bindings?
What are the three required conditions for a contingent liability to exist? Illustrate what is one contingency that an auditor would be concerned with and how would the auditor become aware of this contingency?
Prepare a statement of cash flows, using the indirect method of presenting cash flows from operating activities . Use the minus sign to indicate cash outflows, negative amounts or a decrease in cash.
Suppose your required return on the project is 8 percent and your pretax cost savings are $196,000 per year. What is the NPV of the project?(Do not include the dollar sign ($). Round your answer to 2 decimal places (e.g., 32.16).)
Analyzing the statement based on trend analysis - The purpose of this assignment is to compute a trend analysis and interpret the results.
redrafting contribution margin statements.austins shooters inc. operates a paintball course where customers can come to
Use the BOP analysis to briefly discuss how the operating cycle data relate to the amount of working capital and the current and acid-test ratios.
Using the information in the table below, calculate the amount of the unfavorable rate variance.
Fitzgerald Inc. uses the ABC method to allocate overhead to production. The following is a list of cost pools and the allocation base for each pool. Calculate total overhead cost allocated for the job.
computation of break even points.east publishing company is doing an analysis of a proposed new finance textbook. using
Are adjusting entries used in an accrual basis accounting system or in a cash basis accounting system?
Create the journal entry to record the transaction and the interest expense at the end of the first year.
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