User Account

All Pages

Find what will profits be if sales turn out to be million

Assignment Help Financial Accounting
Reference no: EM132578438

You estimate that your cattle farm will generate $0.30 million of profits on sales of $6 million under normal economic conditions and that the degree of operating leverage is 4.

Question a. What will profits be if sales turn out to be $4.5 million? (Leave no cells blank - be certain to enter "0" wherever required. Do not round intermediate calculations. Enter your answers in millions.)

Question ?b. What will profits be if sales turn out to be $7.5 million? (Do not round intermediate calculations. Enter your answers in millions rounded to 1 decimal place.)

Reference no: EM132578438

Questions Cloud

Ceo of a chain of pizza restaurants : The CEO of a chain of pizza restaurants wishes to initiate a program of CSR to be funded by a 5% levy on the company's operating profit.
Find what happens to the average cash flow from the mine : Now suppose you can costlessly shut down the mine in years of low silver prices. What happens to the average cash flow from the mine?
Reasons for ups superior profitability to fedex : With regard to Strategy Capsule 2.2, what additional data would you seek and what additional analysis would you undertake to investigate
Find what degree of operating leverage of modern artifacts : What is the degree of operating leverage of Modern Artifacts when sales are $6,160? (Do not round intermediate calculations.)
Find what will profits be if sales turn out to be million : What will profits be if sales turn out to be $4.5 million? (Leave no cells blank - be certain to enter "0" wherever required. Do not round intermediate)
Find what npv break-even level of sales if firm pays no tax : Find What is the NPV break-even level of sales if the firm pays no taxes? What is the accounting break-even level of sales if the firm's tax rate is 30%?
Find what is npv break-even level of diamonds sold per year : Compute What is NPV break-even level of diamonds sold per year assuming a tax rate of 21%, a 10-year project life, and a discount rate of 10%?
Determine what must be the variable cost per unit : Determine What must be the variable cost per unit? (Round your answer to 2 decimal places.)Accounting break-even: 5,000 units
Find what amount should the notes payable be shown : Find what amount should the Notes Payable be shown on the December 31, 2015 statement of financial condition of Madison Company

Reviews

Write a Review

Financial Accounting Questions & Answers

  Explain the applications of outsourcing in accounting

Explain the applications of outsourcing in accounting and their implications on the profitabilityand quality of information of a company.

  Reported any deferred income tax assets or liabilities

Horse Corporation acquires all of Pony, Inc. for $300,000 cash. On that date, Pony has net assets with fair value of $250,000 but a book value and tax basis of $200,000. The tax rate is 40 percent. Prior to this date, neither Horse nor Pony has repor..

  Draw up a balance sheet for walters watches

Draw up a balance sheet for Walters Watches as at 7 April, after all the above transactions have been taken into account.

  How much should be reported as current liability at december

Defer payment of $265.200 of the note until February 15, 2022, how much of the $530.400 should be reported as a current liability at December 31.2020?

  Compute what is the weighted average cost of capital

50% debt and 50% equity, a before-tax cost of debt of 5%, and a marginal tax rate of 20%, what is its weighted average cost of capital?

  Explain between hiring and leveraging diversity

Based on this week's readings and your own professional experience, what is the difference between hiring for diversity and leveraging diversity?

  What types of goods are these public goods

What types of goods are these public goods? (c) If the price or cost of college and university education increase by 10 percent and, at the same time, incomes also increase by 10 percent, what would be the change in the demand for college and univ..

  Organize the journal entries through the maturity

Organize the appropriate journal entries through the maturity of each liability.

  What is the book value as of december

Using the straight-line method of depreciation, what is the book value as of December 31, 2013?

  Cash flow computations

Finding the  Net cash flow provided (used) by investing activities - Cash Flow Computations and From the following selected data, compute

  Net book value of bonds payable

If I amortize a bond premium or bond discount does it reduce the net book value of bonds payable.

  Determine margin of safety in terms of dollars

From the data given compute the Margin of Safety - Determine the margin of safety in terms of dollars

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