User Account

All Pages

Find what is the net income for mas company

Assignment Help Accounting Basics
Reference no: EM132731043

Problem 1: MAS Company's break-even sales are P530,000. The variable costs ratio to sales is 60%, while the net income percentage to sales is 8%. What is the net income?.

Reference no: EM132731043

Questions Cloud

How would you expect the cost of the bond : How would you expect the cost of the bond with warrants to compare with the cost of straight debt? With the cost of common stock (which is 13.4%)
Describe the purpose of e-commerce technologies : Describe the purpose of E-Commerce technologies and identify at least 3 technologies used in E-Commerce Web-Applications to facilitate transaction functionality
The level of actionable legal claim : How should the courts handle these cases, where the company's complaints may, or may not rise to the level of an actionable legal claim?
Explain what caused the progression from one pilot : In 150 words or more summarize the history of Part 121 flight crew requirements. Explain what caused the progression from one pilot to three or more pilots.
Find what is the net income for mas company : Find What is the net income?. MAS Company's break-even sales are P530,000. The variable costs ratio to sales is 60%, while net income percentage to sales is 8%.
Translate technical jargon into business language : Translate technical jargon into business language that senior leadership and executives can understand to support business decisions.
Advantages and disadvantages of the leadership in action : What are the advantages and disadvantages of the Leadership in Action program, compared to more traditional ways of training leaders
What you have learned through your viewpoint : This discussion topic is to be reflective and will be using your own words and not a compilation of direct citations from other papers or sources.
What should the commuted value of her pension : What should the commuted value of her pension be if she wanted to transfer the funds into a LIRA?

Reviews

Write a Review

Accounting Basics Questions & Answers

  Prepare statement of cash flows using the indirect method

Prepare a 2018 statement of cash flows using the indirect method

  Are either or both of the donations deductible

Fiona makes a contribution to the NRA every year. She also contributes to the Arizona Humane Society. Are either or both of these donations deductible?

  What is the double entry

If found to be negligent by the court, the company will have to pay a fine of $200,000 plus clean-up costs of $150 000. What is the double entry

  How much would the company pay the treasurer

The year-end audit of the records of Pateros Farms disclosed a shortage in cash amounting to P200,000. How much would the company pay the treasurer

  When expenses exceed revenues

When expenses exceed revenues, in which columns will the difference appear?

  Discuss the potential for abuse and fraud in the system

Discuss the potential for abuse and fraud in this system. Describe the controls that should be implemented to reduce the risks.

  The cost method to account for treasury stock transactions

Tulip Corporation uses the cost method to account for treasury stock transactions.

  Computing the current rate of interest

Bellco, a division of Becker International Corporation, is operated under the direction of Antoin Sedatt. Bellco is an independent investment center.

  A physical inventory on december 31 shows 2000 units on

holliday companys inventory records show the following dataunits unit costinventory january 1 5000 9.00purchases june

  In 2008 masset sold 3000 units at 500 each variable

in 2008 masset sold 3000 units at 500 each. variable expenses were 350 per unit and fixed expenses were 200000. the

  What amount of the rental losses may smith deduct

Smith actively participates in the rental real estate activities. What amount of the rental losses may Smith deduct in determining taxable income

  Bad debt expense balance on the income statement

The current credit balance in allowance for uncollectible accounts is $200. Management estimates that 2.5% of net credit sales of $115,000 will be uncollectible. Based on the foregoing data, what is the bad debt expense balance on the income state..

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