User Account

All Pages

Ivan company has a goal of earning 160000 after-tax income

Assignment Help Accounting Basics
Reference no: EM13579632

Ivan Company has a goal of earning $160,000 after-tax income. Ivan would need to pay $29,000 of income taxes at the target level of income. The contribution margin ratio is 30%. What amount of dollar sales must be achieved to reach the goal if fixed costs are $108,000?

Reference no: EM13579632

Questions Cloud

Da issued 4000000 in 8 10 yr bond on feb 12010 at 115 : dna issued 4000000 in 8 10 yr bond on feb. 12010 at 115. semiannual interest payment date are january 31 and july31.
Annual production and sales level of product a is 92100 : a company has two products a and b. it uses activity-based costing and has prepared the following analysis showing
For a particular year theaverage math score on the act is : for a particular year theaverage math score on the act is 19.7 with a standard deviation of 4.7. what is the
Find the sustainable and internal growth rates for a firm : find the sustainable and internal growth rates for a firm with the following ratios asset turnover 2.00 profit margin
Ivan company has a goal of earning 160000 after-tax income : ivan company has a goal of earning 160000 after-tax income. ivan would need to pay 29000 of income taxes at the target
The type of sample statistic that is used to make : the type of sample statistic that is used to make inferences about a given type of population parameter is calleda. the
Planku2019s plants had net income of 4000 on sales of 70000 : planku2019s plants had net income of 4000 on sales of 70000 last year. the firm paid a dividend of 1480. total assets
Administrative expenses 336000 cost of goods sold 1190000 : the following information was taken from the records of cantu inc for the year 2012. income tax applicable to income
Find the z value to the right of the mean so that 6293 of : find the z value to the right of the mean so that 62.93 of the area under the distribution curve lies to the left of

Reviews

Write a Review

Accounting Basics Questions & Answers

  Why would local government establish a special district

why would local government establish a special district? could the functions performed by special districts be done as

  Research relevant databases to identify important recent

research relevant databases to identify important recent developments within frances accounting profession including

  What are the main distinctions that you would see

Financial reporting for a special-purpose local government depends upon whether that government is engaged in governmental-type activities, business-type activities only, or fiduciary-type activities only.

  Rediger inc a manufacturing company has provided the

1.hamilton company uses job-order costing. manufacturing overhead is applied using a predetermined rate of 150 of

  X company uses account analysis to estimate total overhead

x company uses account analysis to estimate total overhead costs for each month. in may when production was 1200 units

  Estimated manufacturing overhead problem

Employees are expected to earn $5.00 per hour and the company is planning on paying its employees $100,000 during the year. However, only 75% of the employees are classified as ""direct labor."" What was the estimated manufacturing overhead for 20..

  F 3 acquisition entry and consolidation working paper on

ltbrgt ltbrgt3. acquisition entry and consolidation working paper on january 31 2014 phoenix inc. acquired all of the

  Tax deferred exchange

What is the latest date Kelley may reinvest in qualifying replacement property to defer recognition of gain as a result of the involuntary conversion?

  Serber inc which uses a volume-based cost system produces

serber inc. which uses a volume-based cost system produces cat condos that sell for 140 each. direct materials cost 23

  An s corporation shareholder

An S corporation shareholder is currently in the 28 percent tax bracket

  Be sure to show all work would the gain be different if

on november 1 2012 jamie who is single purchased and moved into her principal residence. in early 2013 jamie was laid

  Keyser mining is considering a project that will require

keyser mining is considering a project that will require the purchase of 980000 in new equipment. the equipment will be

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