What sales level must be achieved to have

Assignment Help Accounting Basics
Reference no: EM132831877

Question - The Sunmoon Ltd is the distributor for a foreign product. The product sells in the market for Tk.200.00 per unit with a variable selling expense of Tk.20.00 and an item based commission of Tk.40.00 per item. The Company's cost of import at its go down is Tk.90.00 Fixed selling and administrative expenses are Tk.2,00,000.00 per year.

Required - What sales level must be achieved to have the after tax target profit Tk.3,00,000.00. If tax rate is 30%.

Reference no: EM132831877

Questions Cloud

What are the firm average and marginal tax rates : Gross profits totaled $1.09 million, and operating and depreciation expenses were $494,000 and $340,000, What are the firm average and marginal tax rates
What is the actual annual interest rate : This procedure is called "add on" interest. What is the actual annual interest rate being charged on this loan
Why do so many people launch a small business : Why do so many people launch a small business? What are the typical characteristics of an entrepreneur? Discuss the overall concept of entrepreneurship.
What are some of the ethical issues : Are you aware of any of these issues from your personal experience or from businesses you are familiar with?
What sales level must be achieved to have : The Sunmoon Ltd is the distributor for a foreign product. What sales level must be achieved to have the after tax target profit Tk.3,00,000.00
What is the total current assets : Positivity Company provided the following information on December 31, 2020 ( in their normal balances): What is the total current assets
Ucas application process action plan : Create an engaging presentation (to last no longer than 5 minutes) to be given to the class showing the information you have detailed
Scheduled production for the third quarter : The finished goods inventory at the start of the year is 2,500 units. Scheduled production for the third quarter
Describe the basic nature of the diet : Dieting is common in our society and everyone wants a piece of the action. So many diets are available to choose from if someone wants to change their health

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