User Account

All Pages

Examine what must next year revenue be

Assignment Help Accounting Basics
Reference no: EM132088132

Question: X Company's profit equation next year is expected to be 0.47R-$12,400, where R is total revenue. Assuming a tax rate of 30%, what must next year's revenue be in order for X Company to earn after-tax profits of $20,000? The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

Reference no: EM132088132

Questions Cloud

What are the three strongest aspects of the plan : What three questions do you think Antonio and JB need to answer through further planning before they launch the venture?
Prepare a statement of partnership liquidation : Prepare a statement of partnership liquidation for the period July 1, 2016: The sale of noncash assets on July 1 for $94,0000
Prepare nine journal enteries from which postings were made : Wyoming Tours Co. is a travel agency. The nine transactions recorded by Wyoming Tours during June 2016, its first month of operations.
About the benefit of conducting these in series : Benefit of conducting these in series. Benefit of conducting these in parallel. Drawback or concern related to conducting these in series
Examine what must next year revenue be : X Company's profit equation next year is expected to be 0.47R-$12,400, where R is total revenue. Assuming a tax rate of 30%, what must next year's revenue be.
What were total period costs : X Company, a manufacturer, incurred the following costs in 2016: What were total period costs in 2016?
What are mystery shoppers : What are mystery shoppers and how can such feedback processes provide useful data? What should managers avoid when employing this feedback technique?
Return the car to the location most convenient : Rent'R Cars is a multisite car rental company in the city. It is trying out a new "return the car to the location most convenient for you" policy to improve
Prepare journal entries for pike corporation : Prepare journal entries for Pike Corporation to account for its investment in Salmon Corporation for 2010 and 2011

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