What is kr margin of safety

Assignment Help Accounting Basics
Reference no: EM13970921

KR Sales had $1,200,000 in sales last month. The variable cost ratio was 60% and operating profits were $80,000. What is KR's margin of safety in sales dollars?

Reference no: EM13970921

Questions Cloud

The real rate of interest and the inflation rate : You are considering investing money in Treasury bills and wondering what the real risk-free rate of interest is. Currently, Treasury bills are yielding 4.5% and the future inflation rate is expected to be 2.1% per year. Ignoring the cross product bet..
Changes in the operating cycle indicate the effect : Size of Accounts Receivable Essence of Skunk Fragrances, Ltd., sells 6,000 units of its perfume collection each year at a price per unit of $380. All sales are on credit with terms of 1/10, net 30. Changes in the Operating Cycle Indicate the effect t..
Assets revalued upon benson retirement : Meir, Benson, and Lau are partners and share income and loss in a 2:3:5 ratio. The partnership's capital balances are as follows: Meir, $68,000; Benson, $104,000; and Lau, $178,000. Benson decides to withdraw from the partnership, and the partners..
What is the value of rate constant : A certain 1st order reaction has a rate constant of 2.75×10-2 s-1 at 20°C. What is the value at 60°C if the activation energy is 125 kJ/mole?
What is kr margin of safety : KR Sales had $1,200,000 in sales last month. The variable cost ratio was 60% and operating profits were $80,000. What is KR's margin of safety in sales dollars?
Calculate well current ratio : For 20X6, Wells reported sales of $183,100,000 and for 20X7, sales of $215,600,000. At the end of 20X6, Wells' total assets were $75,900,000 and common equity was $37,800,000. At the end of 20X7, total assets were $95,300,000. Calculate Wells' cur..
Explain the six steps of conducting a job analysis : Explain the six steps of conducting a job analysis and discuss how the information is used. Discuss three methods for collecting job analysis information
What is the present value of perpetual stream of cash flows : What is the present value of a perpetual stream of cash flows that pays $40,000 at the end of the year one and then grown at a rate of 4% per year indefinitely? The rate of interest used to discount the cash flows is 13%. the present value of the gro..
Weighted-average method of process costing : Under the weighted-average method of process costing, costs from the prior period are averaged with those of the current period in computing unit costs.

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.

  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!

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