Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Question - Dr. Zhivàgo Diagnostics Corp. income statements for 20X1 are as follows:
Sales $2,790,000
Cost of goods sold 1,790,000
Gross profit 1,000,000
Selling and administrative expense 302,000
Operating profit 698,000
Interest expense 54,800
Income before taxes 643,200
Taxes (30%) 192,960
Income after taxes $450,240
Required -
a. Compute the profit margin for 20X1.
b. Assume that in 20X2, sales increase by 5 percent and cost of goods sold increases by 10 percent. The firm is able to keep all other expenses the same. Assume a tax rate of 30 percent on income before taxes. What is income after taxes and the profit margin for 20X2?
All revenue and inter fund transfers of the City of Fenton are accounted for on the modified accrual basis. Below is shown a list of Fenton's General Fund transactions of a revenue or transfer nature. State which ones should be recognized by the Gene..
Calculate the price of the house in 1795. (TIP: To get the answer correctly you need to use the price of the house in calculations in dollars with all zero)
This investment will cost the form $150,000 today, and the firm's cost of capital is 10%. What is the discounted payback for this investment?
A company has $6,000,000 in debt and $17,000,000 in total assets. If the debt carries an interest rate of 9% and the stockholders are demanding a rate of return of 13%, what would be the company's cost of capital?
Upmarket Handbags Ltd specialise in selling expensive,Would they be more likely to use a perpetual or periodic inventory system? explain why.
preparation of pro forma balance sheet.pro forma balance sheet------ peabody and peabody has 2006 sales of 10million.
Sheridan Company will invest $26500 every December, If Sheridan will earn 9% on the investment, what amount will be in the investment fund on December 31, 2025?
The following balance sheet reflects market values of the target proportions of Firm A's capital structure.
the manager of the manufacturing unit of an organization is responsible for the costs of the manufacturing unit. the
On the December 31, 2020 Prepare consolidation working paper, eliminating entry (E) credits the Investment in Safestyle account by
How much is the adjusted balance of accounts payable? On December 31, 20x1, ABC Co. has a balance of ?240,000 in its inventory account
The actual production is 200 units and 52 kilos of materials are used at a price of £98 per kilo. - Calculate all the material variances and discuss the possible reasons for them.
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!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd