Total sales and break even point in dollar sales

Assignment Help Financial Accounting

Reference no: EM131221941

For the most recent year Triad Company has fixed costs of $240,000 and variable costs of 75% of total sales revenue, earned $70,000 of net income after taxes, and had an income rate of 35%. Determine before tax income, total contribution margin, total sales and break even point in dollar sales.

Reference no: EM131221941

Questions Cloud

What is the maximum processing average time : What is the maximum processing average time for each call that they need to achieve today so that they have stable queue? Round to one decimal place.

Determine the cost of goods sold for the period : Jurvin Enterprises recorded the following transactions for the just completed month. The company had no beginning inventories. Post the above transactions to T-accounts. Determine the cost of goods sold for the period.

Should the ceo be concerned explain : The owners of the building that was damaged, the local resident who was injured and the owner of the car are all threatening to sue Building Pty Ltd in negligence. Should the CEO be concerned? Explain your reasoning

Which one accounts is a non-monetary item : Which one of the following accounts is a non-monetary item? General price level accounting is intended to make historical currency amounts expended in different periods.

Total sales and break even point in dollar sales : For the most recent year Triad Company has fixed costs of $240,000 and variable costs of 75% of total sales revenue, earned $70,000 of net income after taxes, and had an income rate of 35%. Determine before tax income, total contribution margin, tota..

Criteria for evaluating effective team : Define the three criteria for evaluating effective team/group work (as stated in the textbook) and analyze whether the "team" in the video is effective or not. Provide a review of Tuckman's five stages of group formation and identify what stages a..

Cost of ordinary equity after the capital structure change : Bula Textiles has an ordinary-share capital structure. Under the present capital structure, what is the total value of the company? What is the cost of ordinary share capital? Suppose that Bula Textile sells $1 million of long-term debt with an inter..

Did bank of canada respond to movements in exchange rate : Over 2005-2007, did the Bank of Canada respond to movements in the exchange rate in the manner described in the case study

What is meant by the shareholder wealth : Why is profit maximization, by itself, an inappropriate goal? What is meant by the goal of maximization of shareholder wealth? What issue does agency theory examine? Why is it important in a public corporation rather than in a private corporation? A..

User Account

All Pages