Reference no: EM133005190
Question - South Coast Appliance Store is a small company that has hired you to perform some management advisory services. The following information pertains to 2017 operations.
Sales (6,000 microwave ovens) P6,000,000
Cost of goods sold P870,000
Store manager's salary per year P192,000
Operating costs per year P305,000
Advertising and promotion per year P40,000
Commissions (4.1% of sales) P246,000
What are the estimated total costs if South Coast's store expects to sell 8,900 units next year?
A. P2,192,400
B. P901,900
C. P4,104,950
D. P3,567,950
|
Calculate the length of time in days
: The rate of return received by the initial purchaser was 4% per annum effective. Calculate the length of time in days
|
|
Prepare a consolidated income statement for palermo
: Palermo's beginning and ending inventories for 2020 were $72,000 and $66,000, Prepare a consolidated income statement for Palermo Corporation
|
|
What is the derivative liability on july
: Assume the market price is P110 on December 31, 2014 and P90 on July 1, 2015. What is the derivative liability on July 1, 2015
|
|
Describe the state of ethics in this organisation
: Describe the state of ethics in this organisation in terms of the modes of managing corporate ethics. Should one assume that divisions' leadership reflect state
|
|
What are the estimated total costs
: The following information pertains to 2017 operations. Sales (6,000 microwave ovens) P6,000,000. What are the estimated total costs
|
|
What is bad boys inc cost of capital
: If Bad Boys, Inc. raises capital using 45% debt, 5% preferred stock, and 50% common stock, what is Bad Boys, Inc.'s cost of capital
|
|
What is the maximum amount of the loan
: What is the maximum amount of the loan that Azalea could have outstanding for the year and not be in violation of its covenant
|
|
What the percentage for the horizontal analysis
: Which of the following is the percentage for the horizontal analysis of the cost of goods sold
|
|
Describe ict governance frameworks
: Demonstrate understanding of a range of contemporary topics and related issues impacting the IT strategy and governance - appropriate reflective skills
|