User Account

All Pages

What would be his net profit for the day

Assignment Help Accounting Basics
Reference no: EM133103994

Assignment - Financial Objectives Practice Questions

Q1. If an owner is running a hot dog stand and sells 340 hot dogs for $1.50 each and has total expenses of $170 what would be his net profit for the day?

Q2. If the same hot dog owner has expenses of $170 and wants to charge $0.75 each per hot dog what would be the break even quantity that would have to be sold?

Q3. If an owner of a small business has expenses of $10,500 and can make 2125 units of their product what price would they have to charge to break even?

Q4. If your company's sales are $525,000 and the total industry is worth $2,500,000 what is your market share?

Q5. If your market share is 15% and the total industry is worth $900,000 what are your company's total sales?

Q6. If your market share is 30% and your company's sales are $760,000 what is the total industry worth?

Reference no: EM133103994

Questions Cloud

Calculate the unit manufacturing costs of the basic products : Assuming use of direct labour hours to apply overhead to production, calculate the unit manufacturing costs of the basic and superior products
What are the rules on interpretation of contracts : Distinguish void contracts from unenforceable contracts. What are the rules on interpretation of contracts. Enumerate the voidable or annullable contracts
Prepare the journal entries to record the acquisition : Prepare the journal entries to record the acquisition of the depot and the accrual for the asset retirement obligation for the depot on July 2, 2021
Calculate the entries for purchases that will be shown : Creditors are paid one month after the purchase has been made. Calculate the entries for purchases that will be shown for February, March and April
What would be his net profit for the day : If an owner is running a hot dog stand and sells 340 hot dogs for $1.50 each and has total expenses of $170 what would be his net profit for the day
Record the journal entry to correct the december amounts : Record the journal entry to correct the December 24 payroll amounts. Record the journal entry to accrue the payroll amount
Would you expect workers at airbus : Would you expect workers at Airbus to have the same marginal product as workers at Boeing? Explain carefully
Calculate the capital gains and losses : Calculate the capital gains and losses for the scenarios: An art collector bought a statue for $750,000 in 2019 and sold it earlier this year for $655,000
Compare the calculated values from K : Compare the calculated values from K to the calculated values for Q samples. Explain your selection of IN or DS for each sample

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.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  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!

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