Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Quisha started her business, Q-Anchovies in January 2019, earning $21,000 in revenues and a profit of $1,000. In 2020, she grew her revenues to $33,000 and generated a profit of $10,500. For 2021, she is projecting her revenues to grow by 50%. She had fixed expenses of $10,000 the last two years, but is considering investing $5,000 into marketing. Quisha feels that the investment will increase her revenues an additional 25% over 2020 levels.
Problem a) Make Quisha a projected income statement for 2021. Specific accounts are not necessary, but label expenses as variable or fixed.
Problem b) Perform some analysis on how Q-Anchovies is trending. Discuss some details about how Quisha has performed to date
Problem c) Make some recommendations on what can improved in 2021 and future years.
the flexible manufacturing overhead budget shows that budgeted costs are $4 variable per direct labor hour and $50,000 fixed. Calculate the overhead controllable variance.
How much inventory cost (in dollars) did the company incur to replace the faulty products for the year ended 30 June 2020
What is the amount of the reported net income of GHI Company from its own operation, if the net income of ABC from its own operation for 2024 amounted?
Borrowed $8,000.00 a year for 4 years with deferred interest at 7% compounded annually. How much will you owe at the end of 4 years?
Calculate the net realizable value of accounts receivable.
What The cash to be received by partner C would be? After selling the assets and paying the creditors, the partnership had $90,000 cash remaining.
The payables deferral period would remain unchanged at 35 days. What effect would these policies have on the company's cash conversion cycle?
US government T-bills had the nominal rates of return of 5.03 percent. What is the real rate of return for a T-bill
Make all the entries for Marsh Bhd. associated with the transfer of the accounts receivable, the loan, and the remittance to the finance company.
If we have convertible bonds and if we convert them does that affect Net Income? If we don't convert them does it affect Net Income? If we have convertible preferred bonds and if we convert them does that affect Net Income? If we don't convert them d..
$14,000, and it withholds $2,100 for income taxes and $1,071 for FICA taxes, the journal entry to record the employees' pay should include a
Question - What does it mean to 'fill out a tax return? When do you have to have a tax return submitted by
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!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd