Reference no: EM132546037
Question - Caravan Inc., manufactures one product: bicycles. Below is some information that is used to evaluate the company's marketing performance in fiscal year 2019 and make plans for fiscal year 2020. Use this information to calculate the required metrics.
Bicycle price: $1,450
Manufacturing cost: $369/bicycle
Fixed costs: $2,500,000 overhead + $1,000,000 marketing expenses = $3,500,000 total
Units sold: 3,587
Required -
What are Caravan's Total Revenues?
Caravan's Net Sales for 2019 was $5,100,000. What was their Net Marketing Contribution (NMC)?
Given their Net Marketing Contribution, what is their Marketing Return on Investment (MROI)?
What was their Marketing Return on Sales (MROS)?
|
What should be the correct net income
: P2,400 of service revenue was not accrued. What should be the correct net income if the incorrect net income was P40,000
|
|
Prepare extracts from the statement of financial position
: Prepare extracts from the statement of financial position on December 31 and statement of comprehensive income for the year ended December 31
|
|
When companies have too little working capital
: When companies have too little working capital what are their options?
|
|
What is the current value of the company
: a. What is the current value of the company assuming the current dividend has not yet been paid?
|
|
What are caravans total revenues
: Fixed costs: $2,500,000 overhead + $1,000,000 marketing expenses = $3,500,000 total. What are Caravans Total Revenues
|
|
How much should the net depreciation be charged
: How much should be recognised as the initial cost for this equipment on 1 January 2018? How much should the net depreciation be charged
|
|
Compute net cash provided by operating activities
: Grouper Corporation reported net income of $53,700 in 2017. Depreciation expense was $17,000. Compute net cash provided by operating activities
|
|
Developing picot questions provided in the resources
: Review the materials offering guidance on using databases, performing keyword searches, and developing PICO(T) questions provided in the Resources.
|
|
How the repurchase of shares on march should be accounted
: How the repurchase of shares on 1 March 2019 should be accounted for. Suppose the profit after tax for 2019 was £75,000. What is the basic EPS for 2019?
|