What would its sales have to be to break even

Assignment Help Accounting Basics
Reference no: EM133070984

Question - A bookstore has $83,000 of sales, variable cost of $34,860 and fixed cost of $28,420. What would its sales have to be to break even?

Reference no: EM133070984

Questions Cloud

Prepare the necessary journal entry : Prepare the necessary journal entry to update the allowance for uncollectibles, assuming the balance prior to preparing the aging was a $15,000 credit
What would be the effect on this month expenses : It costs $25 to initially hook up each new customer. What would be effect on this month's expenses if the salesperson added fifty-five new customers this month
What audit procedures should you undertake : What audit procedures should you undertake with respect to obtaining audit evidence against Bass's investment in Commercial Industrial Inc
What is the finance director talking about : A finance director of a multi-crore engineering company once stated "We do not face any capital rationing problem. What is the finance director talking about
What would its sales have to be to break even : Question - A bookstore has $83,000 of sales, variable cost of ?$34,860 and fixed cost of $28,420. What would its sales have to be to break even
What are the total equivalent units for conversion costs : The ending work in process inventory was 6,300 ounces (60% complete). What are the total equivalent units for conversion costs
Determine the depreciation for each of the first two years : A Kubota tractor acquired on January 8 at a cost of $171,000 has an estimated useful life of 10 years. Determine the depreciation for each of first two years
Prepare journal entries for Concord for entire lease period : Prepare journal entries for Concord for the entire lease period. Assume that the equipment has a fair value of $11,500 at the end of the 3-year lease term
Calculate elaine current basis in her partnership interest : In the current year, Hornbeam also allocated $43,500 of tax-exempt interest to Elaine. Calculate Elaine's current basis in her partnership interest

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