Old line hobby is selling a car care product with a

Assignment Help Accounting Basics

Reference no: EM13596403

Old Line Hobby is selling a car care product with a contribution margin of 50% on sales of $ 500,000 per year (50,000 units at $ 10 each). The fixed costs are $80,000 per year and inventory levels are declining. If sales increase by 10,000 units in the coming year, how much increase in income is expected?

Reference no: EM13596403

Questions Cloud

The radioisotope argon-41 is used to measure the rate of : the radioisotope argon-41 is used to measure the rate of the flow of gases from smokestacks. it is a gamma emitter with

Substance b is composed of small molecules but boils at : substance a is composed of small molecules and boils at 100 degrees celcius. substance b is composed of small molecules

Simon companys high and low level of activity last year was : simon companys high and low level of activity last year was 60000 units of product produced in may and 20000 units

Pink martini corporation is projecting a cash balance of : pink martini corporation is projecting a cash balance of 31000 in its december 31 2007 balance sheet. pink martinis

Old line hobby is selling a car care product with a : old line hobby is selling a car care product with a contribution margin of 50 on sales of 500000 per year 50000 units

Calculate the molar mass of benzoic acid in the solution : a solution of 5.0g benzoic acid c6h5cooh in 100.0g of carbon tetrachloride has a boiling point of 77.5c. the boiling

What would be the pressure of the gas sample if the gas is : a sample of ne at a presssure of 570 hectopascals and a temperature of 29.9 deg c occupies a volume of 10.1 l. what

After surveying their customers the theater estimates that : question a movie theater has been charging 7.50 per person and selling about 400 tickets on a typical weeknight. after

A 100 mol sample of a2 and 100 sample of b2 are placed : consider the reaction 2abg lt-gt a2g b2g.a 1.00 mol sample of a2 and 1.00 sample of b2 are placed into an evacuated

Reviews

Write a Review

Required(*) Message

Accounting Basics Questions & Answers

How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest. How much control does the Fed have over this longer real rate?

Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

Accounting problems

Accounting problems, Draw a detailed timeline incorporating the dividends, calculate the exact Payback Period b) the discounted Payback Period. the IRR, the NPV, the Profitability Index.

Theory of interest - term structure of interest rates

Term Structure of Interest Rates

Write a report on internal controls

Write a report on Internal Controls

Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

Liquidity and profitability

Distinguish between liquidity and profitability.

What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

Capm and venture capital

CAPM and Venture Capital

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

User Account

All Pages