1. Beb's Trinity Store's annual income statement for 2019 is shown in the table below. Beb worked full-time in the business and invested Php300,000 to acquire it and stock it with goods. Beb just tumed down a Php250,000-per-year compensated position as the manager of another store. During the year, he did not pay himself a wage. Revenues Costs Sales Php550,000 Wholesale clothing 20,000 Equipment Labor Php300,000 20,000 150,000 10,000 Inventory Adjustment Utlities and insurance Total Revenues Total Costs

1. Beb's Trinity Store's annual income statement for 2019 is shown in the table below. Beb worked full-time in the business and invested Php300,000 to acquire it and stock it with goods. Beb just tumed down a Php250,000-per-year compensated position as the manager of another store. During the year, he did not pay himself a wage. Revenues Costs Sales Php550,000 Wholesale clothing 20,000 Equipment Labor Php300,000 20,000 150,000 10,000 Inventory Adjustment Utlities and insurance Total Revenues Total Costs

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

See similar textbooks

Similar questions

7. A small shop in Bulacan fabricates portable threshers for palay producers in the locality. The shop can produce each thresher at a labor cost of Php 1,800. The cost of materials for each unit is Php 2,500. The variable costs amount to Php 650 per unit, while fixed charges per annum totals Php 69,000. If the portable threshers are sold at Php 7,800 per unit, how many units must be produced and sold per annum to break even?
INTEGRATIVE CASE After working for years as a regional manager for a retail organization, Scott Parry opened his own business with Susan Gonzalez, one of his district managers, as his partner. They formed S&S to sell appliances and consumer electronics. Scott and Susan pursued a "clicks and bricks" strategy by renting a building in a busy part of town and adding an electronic storefront. Scott and Susan invested enough money to see them through the first six months. They will hire 15 employees within the next two weeks-three to stock the shelves, four sales rep- resentatives, six checkout clerks, and two to develop and maintain the electronic storefront. Scott and Susan will host S&S's grand opening in five weeks. To meet that deadline, they have to address the following important issues: 1. What decisions do they need to make to be successful and profitable? For example: a. How should they price products to be competitive yet earn a profit? b. Should they extend credit, and, if so, on…
5 Mr. H Salt purchased an 1/8 interest in a producing oil well for $45,000. Recoverable oil reserves for the well were estimated at that time at 15,000 barrels, 1/8 of which represented Mr. Salt's share of the reserves. During the subsequent year, Mr. Salt received $12000 as his 1/8 share of the gross income from the sale of 1000 barrels of oil. From this amount, he had to pay $3000 as his share of the expense of producing the oil. Compute Mr. Salt's depletion allowance for the year.
Karrie's income varies directly as the number of days that she works. If she earns Php 9,000.00 in 15 days, how much will she earn if she worked 2 times as long?
[1st_itemBCD] *problem situation in the photo below* Required: In Problem 1, what is Merrilyn’s accounting costs---type and magnitude? In Problem 1, what is Merrilyn’s economic costs---type and magnitude? In Problem 1, how much would Merrilyn need in revenue to earn positive accounting profits? Positive economic profits?
Item#What is needed# Quantity needed A 1 Week 46 7 A 2 Gross req. 60 20 150 B C 1 Item# On hand (beginning) inventory# Lot sizing# Lead time A 35 L4L 1 B. 65 30 C 110 L4L 1 The three tables above shows the master production schedule and the bill of materials of part A, and the inventory records of all the parts. There are no scheduled receipts. Given this information, what is the planned order release of part A in Week 3?(Only enter a number. Do not enter any units.
8. Please use the formula to solve the problem
None
NPV Calculate the net present value (NPV) for the following 12-year projects. on the acceptability of each. Assume that the firm has a cost of capital of 7%. a. Initial investment is $1,000,000; cash inflows are $ 160,000 per Year b. Initial investment is $2,500,000; cash inflows are $320,000 per Year Using Excel to answer. Show all Formulas
A manufacturing company leases a building for $90,000 per year for its manufacturing facilities. In addition, the machinery in this building is being paid in installments of $21,000 per year. Each unit of product produced costs $16 in labour and $9 in materials. The product can be sold for $34. How many units must be sold each year for the company to earn a profit of $56,000 per year? Select one: O A. 16,701 B. 19,086 C. 9,543 D. 11,929 E. 7,157
Question 7 A project involves an immediate expenditure of $2 000, and will require additional expenditures of $150 a year for the next ten years, starting one year from now. After ten years it yields an income of $8 000, but a year later a further expenditure of $1 000 will be required to close down the project. What is its rate of return? 9% 10% 11% 12% 13% Save
8. A manufacturer can sell a certain health supplement for Php1,100 per unit. Its total cost consists of a fixed overhead of Php75,000 plus production costs of Php440 per unit. How many units should the manufacturer sell to break-even?