Determine sales level achieved at full capacity

Assignment Help Finance Basics
Reference no: EM1357122

Last year Murphy Transportation had $5 million of sales, and it had $1.7 million of fixed assets that were being operated at 80% of capacity. What sales level could Murphy have achieved if it had operated at full capacity?

A $6,250,000
B $6,500,000
C $6,750,000
D $7,000,000
E $7,250,000

 

Reference no: EM1357122

Questions Cloud

Finding the correct statements : The best way to judge the effectiveness of a company cash management procedures is to look at the ratio of its cash balances to its sales. The higher this ratio, the more effective the firm's cash management procedures are.
Illustrate explict opportunicy cost of attending college : Illustrate what is explict opportunicy cost of attending college. what is an implicit opportunity cost of attending college.
Entries for reacquisition and resale of stock : On August 10, Jameson Corporation reacquired 8,000 shares of its $100 par value common stock at $134. The stock was originally issued at $110. The shares were resold on November 21 at $145. Provide the entries required to record the reacquisition ..
What is the speed of the stone : A constant horizontal force Fa pushes a 2 kg FedEx package across a frictionless floor on which an xy coordinate system has been drawn. It gives package's x and y velocity components versus time t. What is the magnitude of Fa.
Determine sales level achieved at full capacity : Past year Murphy Transportation had $5 million of sales, and it had $1.7 million of fixed assets that were being operated at 80 percent of capacity.
Write down main ideas behind relational model : Write down the main ideas behind relational model? Why are they an improvement over what came before? In what ways is the relational model restrictive?
Equity method of accounting : On January 1, 2009, Frederich Corporation purchased 7,500 shared of SportTech, Inc. as a Long-term investment for a total of $235,000.The 7,500 shares represent 30% of the outstanding (25,000) shareds of SportTech. Prepare the journal entries for ..
Coping mechanisms for cancer caregivers : Can someone please help me by explaining two approaches that might be used to address the most common ineffective coping mechanisms for cancer caregivers?
Illustrate firm short-run curve and its long-run supply : Illustrate what is the difference between the firm's short-run supply curve and its long-run supply curve? Make up an actual example to explain your answer.

Reviews

Write a Review

Finance Basics Questions & Answers

  Financial reporting and analysis

Finance is about Gunns Ltd, a company in dealing with forestry products in Australia. The company has also been listed in Australian Stock Exchange. As many companies producing forestry products, even Gunns Ltd is facing various problems. Due to the ..

  A report on financial accounting

This report is specific for a core understanding for Financial Accounting and its relevant factors.

  Describe the types of financial ratios

Describe the types of financial ratios and other financial performance measures that are used during venture's successful life cycle.

  Differences between sole proprietorship and corporation

Briefly describe the major differences between a sole proprietorship and a corporation

  Prepare a cash budget statement

Calculate the expected value of the apartment in 20 years' time. What is the mortgage loan repayment at the beginning of each month

  What are the implied interest rates

What are the implied interest rates in Europe and the U.S.?

  State pricing theory and no-arbitrage pricing theory

State pricing theory and no-arbitrage pricing theory

  Small business administration

Identify the likely stage for each venture and describe the type of financing each venture is likely to be seeking and identify potential sources for that financing.

  Effect of financial leverage

The Effect of Financial Leverage and working capital management

  Evaluate the basis for the payment to the lender

Evaluate the basis for the payment to the lender and basis for the payment to the company-counterparty.

  Importance of opps, ipps, mpfs and dmepos

Research and discuss the differences and importance of : OPPS, IPPS, MPFS and DMEPOS.

  Time value of money

Time Value of Money project

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