User Account

All Pages

What is the company break-even in amount or sales

Assignment Help Financial Accounting
Reference no: EM132797396

The following is ABC Company's Income Statement for last month:

Sales P4,000,000;

Variable expenses P2,800,000;

Contribution margin P1,200,000;

Fixed expenses P720,000;

Net income P480,000.

The company has no beginning or ending inventories. A total of 80,000 units were produced and sold.

Problem 1: What is the company's break-even in amount or sales?

Reference no: EM132797396

Questions Cloud

What abel gross margin would : If Abel changes its method of accounting for Yum's sales by showing the net amount as additional sales revenue, then Abel's gross margin would
What expected project fcf for each of the next five years : If Masters faces a 30% tax rate, what expected project FCFs for each of the next five years will result from the investment in new product?
What is the current price of the bonds : Today, the required return on these bonds is 5.5%. What is the current price of the bonds, given that they now have 19 years to maturity
What is the prime cost for the period : What is the prime cost for the period? Production reports showed that 100,000 units of Product X were manufactured at labor costs of P550,000
What is the company break-even in amount or sales : What is the company's break-even in amount or sales? The company has no beginning or ending inventories. A total of 80,000 units were produced and sold.
What price should the bond trade? today : The yield on the bond issue is currently 6.05?%. At what price should this bond trade? today, assuming a face value of ?$1,000 and annual? coupons?
Solve after-tax cash flow at disposal for reversing rapids : Calculate After-Tax Cash Flow at disposal. Reversing Rapids Co. purchases an asset for $164,827. This asset qualifies as a five-year recovery asset under MACRS.
How many salad dressing cups must sell each year : How many salad dressing cups must they sell each year at all stores combined to breakeyen over the 3 year life to achieve their 20% rate of return goal?
Compute the sales subject to business tax : A farm supply dealer made the following sales during a month: Fertilizer P45,000. Compute the sales subject to business tax

Reviews

Write a Review

Financial Accounting Questions & Answers

  Financial statement analysis and preparation

Financial Statement Analysis and Preparation

  Shareholder of a company

Describe the ways that a person can become a shareholder of a company. Why Wal-Mart would split its stock?

  Financial and accounting principles

An understanding of financial and accounting principles can be a valuable tool for managers. While not all managers will find themselves calculating financial ratios or preparing annual financial data.

  Prepare a statement of cash flow using the direct method

Prepare a Statement of Cash Flow using the Direct Method and Prepare the Operations section of the Statement of Cash Flow using the Indirect Method.

  Financial accounting assignment

This assignment has one case study and two question apart from case study. Questions related to document Liquidation question and Company financial statements question - Torquay Limited

  Prepare general journal entries for goela

Prepare general journal entries for Goela Ltd

  Principles of financial accounting

Prepare the journal entry to record the acquisition of the assets.

  Prepare general journal entries to record the transactions

Prepare general journal entries to record the transactions, assuming use of the periodic inventory system

  Global reporting initiative

Compare the view espoused by the economist Milton Friedman about the social responsibilities of business with the views express by Stigler.

  Explain the iasb conceptual frameworks

Explain the IASB Conceptual Framework's perspective of users and their decisions.

  Determine the company''s financial statements

T he focus of the report is to determine the extent to which you are comfortable relying on the financial statements as presented by management .

  Computation of free cash flow

Computation of Free Cash Flow

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