User Account

All Pages

What are the expected profits this year

Assignment Help Accounting Basics
Reference no: EM133112526

Question - The Acme Repair shop charges $145 for its repair services. The average cost for the repairs is $62. The fixed cost for the repair shop is $235,000. They are expecting 2700 repair requests this year. What are the expected profits this year?

a. $56,700

b. $391,500

c. ($10,900)

d. ($67,600)

Reference no: EM133112526

Questions Cloud

Review the performance of a staff member : Review the performance of a staff member within your organization, a business you have access to or within a simulated environment
What is the effect of outsourcing : Emery Products is deciding to outsource the production of a certain component that is included in all of its products. What is the effect of outsourcing
Mediation and arbitration : Do you think employees feel that mediation and arbitration are just/fair methods of resolving employment conflicts?
Criminal law and liability-defenses to criminal liability : Describe an incident in which a criminal act touched your life. Our society continues to debate the deterrent utility of initiatives such as three strikes laws
What are the expected profits this year : The fixed cost for the repair shop is $235,000. They are expecting 2700 repair requests this year. What are the expected profits this year
How many repair jobs do they need to complete : The average cost for the repairs is $62. The fixed cost for the repair shop is $235,000. How many repair jobs do they need to complete to breakeven this year
Between venture capital contracts in china and us : What are the differences between venture capital contracts (term sheets) in China and the US? following aspects should be involved: Type of security (preferred
Use of fertility drugs and ovarian cancer : Stanford University medical researchers conducted a study on the correlation between the use of fertility drugs and ovarian cancer.
Finance the entire purchase price : When Daysa graduates from college next week, he plans to buy a new car that costs $37,000. He will finance the entire purchase price with an automobile loan fro

Reviews

Write a Review

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

Free Assignment Quote

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

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd