What is best estimate of the company net operating income

Assignment Help Accounting Basics
Reference no: EM131961563

Question - Jilk Inc.'s contribution margin ratio is 61% and its fixed monthly expenses are $50,000. Assuming that the fixed monthly expenses do not change, what is the best estimate of the company's net operating income in a month when sales are $142,000?

Reference no: EM131961563

Questions Cloud

Analyze signs and symptoms of feeding and eating disorders : Analyze signs and symptoms of feeding, eating, and elimination disorders. Analyze pathophysiology of feeding, eating, and elimination disorders.
Does big and wgc have a contract for the bushels of wheat : Is Peter liable for any criminal activity because he bought 2,000 shares of CSA stock? Why or why not? Analyze all issues.
Which needs were not met before the zombie apocalypse : Which needs were not met before the zombie apocalypse? Explain. Which of Maslow's needs were met for Glenn after the zombie apocalypse?
What type of goods or services does your focus company : What types of human resource decisions and other factors must be considered in the selection of a new facility location for your company?
What is best estimate of the company net operating income : Assuming that the fixed monthly expenses do not change, what is the best estimate of the company's net operating income in a month when sales are $142,000
Explain how culture may influence treatment : Explain the treatment options available for children and adolescents involved with your selected disorder. Explain how culture may influence treatment.
Analyze psychological reasoning used by the supreme court : The purpose of this assignment is to analyze the psychological reasoning used by the Supreme Court in a decision relevant to forensic psychology.
Identify community support resources and community agencies : Identify community support resources (housing, socioeconomic needs, etc.) and community agencies that are available to assist the client.
What are your projections for this type of work or industry : What are typical salaries in this type of job, entry-level to experienced? What are the opportunities for career growth?

Reviews

Write a Review

Accounting Basics Questions & Answers

  Prepare a production budget for the second quarter

Prepare a production budget for the second quarter in your budget; show the number of units to be produced each month and for the quarter in total

  Fiduciary type funds and the accounting measurements

State whether the following sentences are true or false regarding the nature of fiduciary type funds and the accounting measurements within them. If the sentence is false, state why.

  Discuss a cumulative effects adjustment at the bottom

A Cumulative Effects adjustment at the bottom of the income statement b. A Cumulative Effects adjustment to Retained Earnings

  Bienvenu enterprises reported cost of goods sold

Bienvenu Enterprises reported cost of goods sold for 2010 of $1,400,000 and retained earnings of $5,200,000 at December 31, 2010.

  Give an example of each of the spheres of business power

Business & Society Ethics, Sustainability and Stakeholder management, give an example of each of the four levels of corporate power. Also, give an example of each of the spheres of business power.

  Discuss how are dividends and dividends payable reported

Prepare the entries, if any, on each of the three dividend dates. How are dividends and dividends payable reported in the ?nancial statements prepared

  Anaconda mining company shipped 9000 tons of copper

anaconda mining company shipped 9000 tons of copper concentratefor 450000 in march and 11000 tons for 549000 in

  Explore how many shares of common stock are outstanding

Explore how many shares of common stock are outstanding? Assuming there is a stated value, what is the stated value of the common stock?

  Suitability of a company voluntary arrangement

Nevertheless, John and Paul intend to carry on business through the company. The bank and other creditors are pressing for payment. John and Paul seek your advice on resolving the present difficulties.

  In 2013 the marion company purchased land containing a

in 2013 the marion company purchased land containing a mineral mine for 1900000. additional costs of 753000 were

  Johnson company is preparing a cash budget for june the

johnson company is preparing a cash budget for june. the company has 12000 cash at the beginning of june and

  Recording bond issue and interest payment

The kurten corporation is authorized to issue $500000 0f 8% bonds interest on the bond payable semiannually ;the bond are dated january 1,2010 and are due december 31,2015

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!

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