What is the projected operating income

Assignment Help Accounting Basics
Reference no: EM13505589

Combs, Inc. reports the following information for September sales:
Sales $15,000
Variable costs 3,000
Fixed costs 4,000
Operating income $ 8,000

Required:
If sales double in October, what is the projected operating income?

Reference no: EM13505589

Questions Cloud

Find the magnitude of the average force applied by the bat : force of a baseball swing, A baseball has mass 0.146kg. If the ball remains in contact with the bat for 2.5 ms, find the magnitude of the average force applied by the bat
What is the no-arbitrage u.s. dollar price of one adr : On the Milan bourse, Fiat stock closed at EUR14.67 per share on Tuesday, February 26, 2008. Fiat trades as and ADR on the NYSE. One underlying Fiat share equals one ADR. On February 26, the $/EUR spot exchange rate was $1.4889/EUR1.00.
Evaluate avogadro''s number using the mass gain of copper : If I calculate avogadro's number using the mass gain of copper at the cathode rather than by using the mass loss at the anode, what sort of differences can I expect if any
Discuss any benefits you can think of for a company : Discuss any benefits you can think of for a company to (a) cross-list its equity shares on more than one national exchange, and (b) to source new equity capital from foreign investors as well as domestic investors.
What is the projected operating income : If sales double in October, what is the projected operating income?
The work for a company interested in producing a self-rescue : Notice that the reaction produces , which can be breathed, and absorbs , a product of respiration. Suppose you work for a company interested in producing a self-rescue breathing apparatus (based on the above reaction) which would allow the user to..
What is the discount being offered : What is the discount being offered? How quickly must you pay to get het discount? If you do take the discount how much should you remit?
Find the area and the perimeter of the rectangle : The diagonal of a rectangle is 25 meters long and makes an angle of 36 degrees with one side of the rectangle. find the area and the perimeter of the rectangle.
Determine where does the third piece land : A 10.0 kg shell is fired vertically upward. At its max height of 500.0 m, it explodes into 3 pieces. Where does the third piece land

Reviews

Write a Review

Accounting Basics Questions & Answers

  Make journal entries for the transactions

Prepare journal entries for the following transactions - Sold all inventory for $56,000 cash.

  Amortization of the software development costs

The economic life of the software is estimated at four years. 2012 amortization of the software development costs would be:

  Determine adjusted gross income for the current year

Determine Tonya's adjusted gross income for the current year.

  Lee and stills are partners who share income ratio of 21

lee and stills are partners who share income ratio of 21 and who have capital balances of 65000 and 35000 respectively.

  All sales are on credit accounts receivable are expected to

the macarthur company is a retail sporting goods store. facts regarding their operation are as follows sales are

  How operating income be affected

If Hoffman accepts the special order, the company would not have to pay its salespeople their normal commission of $2 per unit, but the company would incur a shipping cost of $3 per unit on the items in the special order. If Hoffman accepts the sp..

  Financial performance for a recent fiscal period

Downhill Inc. sells, rents, and services ski equipment.Information about the company's financial performance for a recent fiscal period is provided below.

  Which is closest to the present value of the project

Upper Darby Park Department is considering a new capital investment. The following information is available on the investment. The cost of the machine will be $150,000.

  What are the tax consequences of this liquidation

Ten years ago, Oreo Corporation purchased all of the stock of MilkDud Corporation for $800,000. In the current year, MilkDud Corporation is liquidated, and all of its assets (basis of $1,900,000; fair market value of $2.5 million) are distributed ..

  Micro chip corporation mcc has a special po box for

micro chip corporation mcc has a special po box for customer payment. jane is responsible for going to the post office

  Compute the equivalent units of production for 1 materials

the blending department of luongo company has the following cost and production data for the month of april. costsnbsp

  What was the earnings per share

Ford Corporation reported net income of $15,000; net sales $200,000; and average share outstanding 6,000. There were no preferred stock dividends. What was the 2007 earnings per share?

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