Fixed assets are required to support growth in sales

Assignment Help Financial Management

Reference no: EM131882928

1. A residential site is purchased for $200650. Two flats are constructed on the site for a cost of $294102. The developed site is then sold one year later for $990297. What is the profit margin? (Please round your answer to the nearest dollar but exclude the $ sign when typing your answer.)

2. Southern Mfg., Inc., is currently operating at only 92 percent of fixed asset capacity. Current sales are $820,000. Fixed assets are $490,000 and sales are projected to grow to $900,000. How much in new fixed assets are required to support this growth in sales? Assume the company wants to operate at full capacity.

Reference no: EM131882928

Questions Cloud

Why contribution income statements are better : Discuss/explain/illustrate why contribution income statements are better suited to pricing decisions than traditional income statements.

Analyze one example of the protestant reformations impact : Analyze one example of Protestant Reformation's impact on visual arts. Pretend you are in a company or some other group in which you feel there is corruption.

Firm is operating at full capacity and no new debt : If the firm is operating at full capacity and no new debt or equity is issued, what external financing is needed to support the 25 percent growth rate in sales?

United nations convention on the rights of the child : Give 2 examples of pedagogical practices that you were involved in and how you worked in line with 'The United Nations Convention on the Rights of the Child' ?

Fixed assets are required to support growth in sales : Two flats are constructed on the site for a cost of $294102. How much in new fixed assets are required to support this growth in sales?

Evolution of information technology : Im on week 3 of my Coll101 class and have to find 8 sources on the evolution of information technology. What would be a good place to start my search?

Example of a ballad of at least eight four line stanzas : Please give me an example of a ballad of at least eight four line stanzas.

Fixed assets are required to support this growth in sales : How much in new fixed assets are required to support this growth in sales? Assume the company wants to operate at full capacity.

How much total income tax will jaron pay : For the current year, Custom Craft Services Inc. (CCS), a C corporation, reports taxable income of $225,000 before paying salary to Jaron the sole shareholder.

User Account

All Pages