What is the company net profit after taxes

Assignment Help Managerial Accounting
Reference no: EM132796371

Problem 1: Ramsay found out that he was missing the company's net profits after taxes for the current year. Ramsay to compute what is the company's net profit after taxes.

Cost of goods sold = 40%
Gross profit margin =RM90,000
Return on total assets = 6%
Total asset turnover = 0.8

Reference no: EM132796371

Questions Cloud

What is the total amount of for AGI deductions : Alexa rented out the condo for 158 days. What is the total amount of for AGI deductions relating to the condo that Alexa may deduct in the current year
Supervisor role at local healthcare organization : You are interviewing for a health information supervisor role at a local healthcare organization, propose how you will ensure compliance and overall management
What will be your strategy to help change the behavior : As a new leader, you are faced with giving feedback to an employee about their negative attitude as witnessed by you and also reported by peers.
How same behavior could be changed using a different theory : Identify a behavior in the healthcare setting that you would like to change that involves extinguishing an undesirable behavior and replacing it with.
What is the company net profit after taxes : Ramsay found out that he was missing the company's net profits after taxes for the current year. Ramsay to compute what is the company's net profit after taxes.
Describe the selected topic in the project : Describe the selected topic in the project. Provide at least one statistic supporting the importance of the topic. (Preparing Your Child for a New Sibling).
What is the NPV of the project : The ratio of debt to equity is 1 to 1. The cost of equity is 13%, the pre-tax cost of debt is 9%, and the tax rate is 34%. What is the NPV of the project
What is the absolute value of the swap : LIBOR is 0.03, and the year three payment was just made (two years of payments remain on the swap), What is the absolute value of the swap?
Prepare the compound entry required on this date : Assume the Asuka Sueda Corporation sold its investment in "Something" of Heejin Lee Limited on February 13, 2023, Prepare compound entry required on this date

Reviews

Write a Review

Managerial Accounting Questions & Answers

  How do calculate the revised break even point

Fitzgerald Limited produces and sells a single product. Calculate the revised break even point if a new wage settlement increases direct labour costs by 20%.

  Calculate the current ratio and quick ratio

HC1010 Accounting for Business Assignment, Holmes Institute, Australia. Calculate the Current ratio and Quick ratio

  Examine the management accounting related difficulties

Examine the management accounting related difficulties encountered within an internationally divisionalised organisation.

  What would equivalent unit of production for conversion cost

If 10,000 units were transferred to the next processing center during the month, what would be the equivalent units of production for conversion costs?

  What is the expected gross profit

What is the expected gross profit in 2018? Vandelay Industries had sales of $350,000 in 2015. It expects sales to increase 10% in 2016

  What would be the total relevant costs to make the part

Direct labour is an avoidable cost in this decision. In deciding whether to make or buy the part, what would be the total relevant costs to make the part?

  Find the amount in the account after ten months

Find the bank discount using exact time and ordinary interest. Find the exact time of the investment. Find the value of r using exact time.

  What cost information would be relevant to a decision

What cost information would be relevant to a decision to drop the product that would not be relevant to a decision to increase a production run by 100 units?

  Determine the total cost of goods sold for january

Determine what the Cost of Goods Sold for January and provide the Job number(s) in Cost of Goods Sold for January. Determine the ending raw material balance

  Estimate the variable cost per machine-hour

Estimate the variable cost per machine-hour and the fixed cost per month using the high-low method.(Round your "Variable cost" to 2 decimal places. Omit the "tiny_mce_markerquot; sign in your response.)

  Prepare a cost of goods sold budget for june

Delaware budgeted 35,000 barrels of oil for purchase in June for $90 per barrel. Prepare a cost of goods sold budget for June

  Annual cash flows over the expected life of the equipment

Based on the information calculate the following items for this proposed equipment purchase,  Annual cash flows over the expected life of the equipment, Payback period, Annual rate of return, Net present value, Internal rate of retur

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