What the margin of safety in terms of sales revenue is

Assignment Help Financial Accounting
Reference no: EM132494323

Question 1: Assume Sparkle Co. expects to sell 150 units next month. The unit sales price is $90, unit variable cost is $35, and the fixed costs per month are $5,000. What The margin of safety in terms of sales revenue is: Round to two decimal places.

Reference no: EM132494323

Questions Cloud

Calculate diluted EPS : Common shares, issued in prior years (800,000 outstanding) $8,000,000. Calculate diluted EPS for 2017. Include all calculations including anti-dilutive tests
Calculate total percent return : The long-term capital gain per share is $4.60 and the dividend per share is $2.10. Assuming the NAV increased from $39.10 to $46.21, calculate your total percen
Explain to joan whalen why a set of financial statements : Explain to Joan Whalen why a set of financial statements would be useful to you in evaluating the loan request
Importance of the time value of money in finance : What are the importance of the time value of money in finance.
What the margin of safety in terms of sales revenue is : The unit sales price is $90, unit variable cost is $35, and the fixed costs per month are $5,000. What The margin of safety in terms of sales revenue is
Discuss the importance of understanding cultural differences : Discuss the importance of understanding cultural differences when negotiating with people in another country. Discuss three nonverbal differences you might.
How many units must be sold to break-even : How many units must be sold to break-even? Round to two decimal places. Tim Taylor has written a self improvement book that has the cost
What was the decrease in assets for the year : During the year, $37,000 in common stock was issued. There were no other changes in equity. What was the decrease in assets for the year
Design a sequence of currency trades : The risk-free 1-year term deposit rate in the US is 2% and the equivalent deposit in the UK carries 4% interest. The US Dollar is expected to neither appreciate

Reviews

Write a Review

Financial Accounting Questions & Answers

  Prepare journal entries related to investment

Zoop Corporation purchased for $323,200 a 26% interest in Murphy, Inc. This investment enables Zoop to exert significant influence over Murphy. During the year, Murphy earned net income of $186,500 and paid dividends of $69,200. Prepare Zoop’s journa..

  Marsden company has three departments

Marsden Company has three departments occupying the following amount of floor space.

  Amount soccer wholesale should record as the cost of land

Soccer Wholesale purchased land and a warehouse for $990,000. In addition to the purchase price, Soccer Wholesale makes the following expenditures related to the acquisition: broker's commission, $49,600; title insurance, $2,300; and miscellaneous cl..

  Operate primarily from marketing orientation

There is a major difference between organizations that operate primarily from a production orientation (concept) vs. those that operate primarily from a marketing orientation (concept). Henry Ford is famously rumored to have said "You don't need to a..

  Lower cost or market application to inventory

Which statement is true concerning the LCM (lower cost or market) application to inventory?

  Should ira follow her friends advice

A friend has suggested that Ira sell the stock and contribute the 20,000 in proceeds rather than contribute the stock. Should Ira follow her friends advice? Why?. Assume the fair market value is only $13,000. In this case, should Ira follow the fri..

  What will be her income tax liabilities

Lauren is single, age 60, and has an annual salary of $68,000. She paid off her mortgage in December 2014 but expects that her annual real estate taxes will continue to be approximately $5,800. If Lauren contributes $2,500 to the charity each year, w..

  How you will visually represent the data for the total sales

Explain how you will visually represent the data for the total sales of the individual inventory categories for each location for the time periods shown.

  Compute amount of gross profit to be recognized

Compute amount of gross profit to be recognized from the installment sale in 2009, 2010, 2011, 2012, and 2013 using point of delivery revenue recognition. Ignore interest charges.

  Prepare the company direct labor budget

Each unit requires 0.6 direct labor-hours and at a cost of $15.00 per direct labor hour. The workforce can be adjusted each quarter for the expected production level.

  What is the expected capital gains yield for the bond

What is the expected Capital Gains Yield for this bond? What is the expected Current Yield for this bond? What is bond price expected to be in one year?

  Traditional measures of net assets

Which trends, if any, suggest that intellectual capital may eventually be a candidate for inclusion as an intangible on the balance sheet?

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