500000 258000 250000 Question 24 ) Sales Variable and fixed costs both Beginning retained earnings Dividends paid 62000 Ending retained Earnings?
Q: The profit function of a company is P(x) = 100x- 13200x + 435600 then the break-even point is Select…
A: Profit function is referred as the function which focus on applications of businesses. The main…
Q: The table below shows quantity. total revenue, marginal revenue, total cost. and marginal cost for…
A: The profit-maximizing choice for the monopoly will be to produce at the quantity where marginal…
Q: 3. Data $ 72,000,000 $ 3,600,000 $ 18,000,000 Sales Net operating income Average operating assets 6.…
A: a. ROI = $3,600,000$18,000,000=20% b. The minimum required rate of return =…
Q: What company is better in short-term and why
A: Accounting Ratios- Accounting Ratios are the ratios that are used to compare financial statements of…
Q: Return on Sales Asset or investment turnover Company A 8.00% 4 times a. Which company is more…
A: Return on sales is one of the profitability ratio being used in business. This shows how much net…
Q: Company Hilton SPG Hyatt Accor Earnings per Market Value per Share Share $ 10.00 8.00 6.00 33.00…
A: The ratio analysis helps to analyze the financial statements of the business on the basis of various…
Q: Note: Do not round Intermediate calculations. Round "R Sales ROI Answer is complete but not entirely…
A: The term "operating assets" describes the material and immaterial resources that a business uses to…
Q: Which of the following statements is the most reasonable conclusion from the given information below…
A: Ratios are the financial measure which are used to measure the growth and performance of the company…
Q: 1,000 2,000 3,000 4,000 6,000 U Area G represent: Select one: O a. Lossos Area O b. Break Even point…
A: CVP analysis evaluates the connection between total revenues, total costs, and net income due to the…
Q: Question 19 19. (CLO5, PLO5, ZULO1) In a situation of rising prices, the method that results in…
A: There are many methods of inventory valuation depending on the time of purchase and time of selling…
Q: COMPANY A INCOME STATEMENT: VERTICAL ANALYSIS COMPANY A COMPANY B SALES REVENUE 100% 100% LESS:…
A: Vertical Analysis is a form of financial analysis where the line items on a company’s income…
Q: Sacrificing Ratio b. New profit Sharing Ratio c.
A: The ratio in which the former partners of a partnership business relinquish their share of profit in…
Q: Assume a company receives an actual return of goods. Which of the following needs to happen? Sales…
A: The return of goods is the amount of goods that were sold to customers but were returned to…
Q: ABC Company data: Sales 9s0000 Variable and fixed costs both 468000 Beginning retained earnings…
A: Formula: Ending Retained Earnings = Beginning retained Earnings + net income - Dividends paid
Q: Statement I: The following is the feature of Current cost accounting that mentions that surplus…
A: Current cost accounting is an approach under which the noncurrent assets and stock are valued at…
Q: QUESTION 11 As sales increase, a firm needs to proportionately to support the O A. increase the…
A: Sales Revenue - Sales is the revenue earned by the organization. Inventory sold involving profit…
Q: Residual Income $23000 Operating income 32,342 Cost of Capital 12% What is return on inveretement?…
A: Return on investment (ROI): This financial ratio evaluates how efficiently the assets are used in…
Q: Determining Missing Items in Return Computation One item is omitted from each of the following…
A: Formula: Return on investment = Profit margin * Investment turnover a. Calculate the investment…
Q: In each of the cases below, assume Division X has a product that can be sold either to outside…
A: Transfer pricing is the price at which one division sells or provides goods or services to another…
Q: Which of the following breakeven points requires the minimum quantity of production? O gross profit…
A: Break-even quantity is the number of units to be produced to recover the expenses incrred. Now, this…
Q: Determining Missing Items in Return Computation One item is omitted from each of the following…
A: Ratio analysis is a method of measuring the financial position of the organization with different…
Q: Use the table for the question(s) below. Name Gannet New York Times McClatchy Media General Lee…
A: 1.P/E ratio means price earnings ratio .It is calculated as follows:-P/E ratio =2.Value of equity is…
Q: Which one of the following variables is not explicitly considered in the computation of the Economic…
A: Economic Order Quantity is entity's optimal order quantity to minimize total costs retated to…
Q: Which of the following statements about CVP analysis is false? a. Operating income calculations in…
A: The answer for the multiple choice question and relevant explanation are presented hereunder :
Q: Planning erating data for Oakbrook Company in four independent situations are shown below. anks for…
A: Contribution Margin : The money left over from sales after paying all variable expenses.Contribution…
Q: The profit function of a company is P(x) = x² – 400x + 40000, then the break-even point is Select…
A: Given , P(x) = x^2 - 400x + 40000 To calculate break-even point , P(x) = 0 Hence , 0 = x^2 - 400x +…
Q: Stuart Company operates three segments. Income statements for the segments imply that profitability…
A: Comparative income statement: It is a statement showing the income and expenses of business of…
Q: Profit equals: O (P x Q-V x Q) - fixed expenses.
A: PROFIT=[P X Q - V X Q]- FIXED EXPENSES
Q: What is the return on assets for a firm that has a gross profit of $1.2 million, an operating profit…
A: The return on assets can be defined as the ratio that measures the return in percentage terms that…
Q: None
A: a. Single Plantwide Factory Overhead Rate MethodCalculate the Plantwide Overhead Rate:Total Factory…
Q: QUESTION 14 At the break-even point, O A. total cost equals total revenue O B. output equals…
A: Cost-Volume-Profit (CVP) analysis is a financial management tool used by businesses to understand…
Q: Determining Missing Items in Return Computation One item is omitted from each of the following…
A:
Q: a. Fill in the missing numbers in the following income statement: Note: Do not round intermediate…
A: Sales = $544,300Cost = $349,300Depreciation = $97,300Tax rate = 21%Operating cash flow refers to the…
Q: Company name: L:BEHB Description |Туре wC05350 Fiscal year end date WC01001 Net sales or revenues…
A: Profitability ratio of a company determines the ability of a company to generate profit with respect…
Q: Gross profit margin 2400 how is the estimate operating cost
A: Gross profit margin: It indicates the percentage of revenue after subtracting the cost of goods…
Q: Assume a consumption function that takes on the following algebraic form: C= 400 + 0.6 Y. Assume…
A: Hi student Since there are multiple questions, we will answer only first question.
Q: Consider the following table of Actual earnings: Firm A Firm B Actual earnings S r BV₁-1 a. $1,000 •…
A: Abnormal earnings represent the difference between actual earnings and expected earnings.
Q: f change
A: Trend analysis is an analysis of financial statements of a company over a period of time. Trend…
Q: which situation cost accounting guides the management in reducing the selling price. a. Progress b.…
A: situation which cost accounting guides the management in reducing the selling price is Depression…
Q: Manero Company included the following information in its annual report: Sales Cost of goods sold…
A: Margin is the difference between sales and cost of goods sold or it is the excess of sales over cost…
Q: ROI and Margin Arbus Company provided the following information: Turnover Operating assets Operating…
A: Return on Investment (ROI) : A measure used in order to assess the efficiency of an investment.…
Q: Which of the following is an incorrect statement? Revenue - Operating Income = Gross Margin…
A: Gross margin is the amount earned by the firm after deducting COGS from revenue.
Q: Sales Variable Costs Fixed Costs Earnings Before Interest and Taxes Interest Expense Earnings Before…
A: Formula : Degree of operating leverage = (Contribution margin) / [ Contribution margin - fixed cost…
Q: why woud a company trade at a price-to-book greater than 1
A: Company have book value and book value is historical in nature.
Q: 18.Net realizable value is a. acquisition cost plus estimated costs to complete and sell b.…
A: Introduction:- Net realizable value method used for valuation of the ending inventory. Net…
Step by step
Solved in 2 steps
- Q43 Historical cost accounting system results in more profits on paper that leads to various consequences of over statement of profits as more taxes and hence more bonus will be demanded by the employees etc. a. Both the mentioned points are neither a merit nor a demerit of HCA b. None of the given options are correct c. The above mentioned point is a demerit of HCA d. The above mentioned point is a merit of HCAa Rance 0ortotal tSpendingjJariance The Walnut Division of Benton core hurdle rate isug9o. Calculate the return on investment Calculate the profit, nmargin ÇalculateThe invest ment turnover (alculate the residual income= Required Supply the missing information in the following table for Zachary Company: Note: Do not round intermediate calculations. Round "ROI" answer to 2 decimal places. (i.e., 0.2345 shoule Sales ROI Operating assets Operating income Turnover Residual income Operating profit margin Desired rate of return $ 309,600 1.8 % 13 % 19%
- A segment has the following data: Sales $790000 Variable expenses 345000 Fixed expenses 550000 What will be the incremental effect on net income if this segment is eliminated, assuming the fixed expenses will be allocated to profitable segments? $345000 increase $445000 decrease Cannot be determined from the data provided $5750 decrease5. The company's manager earns a bonus based on a percent of gross profit. Which method of inventory costing produces the highest bonus for the manager? O LIFO O Weighted Average O Specific Identification O FIFOConsider the following table of Earnings Components: Firm A Firm B Firm C Reported EPS $12 $15 $18 Analyst’s EPS composition: Permanent component (βP = 5) 80% 60% 75% Transitory component (βT = 1) 10% 35% 25% Value-irrelevant component (β0 = 0) 10% 5% 0% The implied total earnings multiple of Firm B is: Multiple Choice 1.00. 3.00. 3.35. 12.00
- aaa2Determining missing items in return on investment computation One item is omitted from each of the following computations of the return on investment: Return on Investment = Profit Margin x Investment Turnover 27 % = 10 % x (a) (b) = 16 % x 0.75 24 % = (c) x 1.5 14 % = 20 % x (d) (e) = 15 % x 1.8 Determine the missing items identified by the letters as shown above. If required, round your answers to two decimal places. (a) fill in the blank 1 (b) fill in the blank 2 % (c) fill in the blank 3 % (d) fill in the blank 4 (e) fill in the blank 5 %Sales revenue Variable expenses Contribution margin Fixed expenses Operating income Income taxes Net income $ 236,352 95,012 15,897 $11,128 $ · b. $537,356 $ 168,652 90,292 23,508 98,944 138,768 16,027 $48,081 d $667,836 453,504 59,104 $177,312
- Determining Missing Items in Return Computation One item is omitted from each of the following computations of the return on investment: Rate of Return on Investment = Profit Margin x Investment Turnover 19 % 10 % (a) (b) 16 % 0.75 33 % (c) X 1.5 12 % 20 % (d) (e) 15 % 1.8 Determine the missing items identified by the letters as shown above. If required, round your answers to two decimal places. (a) (b) % (c) (d) (e) %Checking account $250 Savings account $10,000 Cash from graduation gifts $500 Brokerage account $1,000 Monthly salary $6,000 Estimated annual taxes $12,000 Credit card balance (all due this year) $1,500 Credit card minimum payment due $125 Student loan total (due within 7 years) $25,000 Student loan monthly payment $300 Monthly rent (1 year contract required contract) $2,200 Entertainment monthly $300 Monthly internet bill (1 year required contract) $200 Coffee monthly $200 Household items (at market value -- computer, $4,000 furniture, etc.)Warrior Industries Income Statement for year ending 12/31/20XX Sales revenue Less cost of goods sold Gross margin Less operating expenses Marketing Sales and administrative Depreciation ood to go Total operating expenses Operating income Less interest expense Income before taxes Income tax expense Net income E 40,000 20,000 10,000 5. 456,428 205,200 251,228 70,000 181,228 7,000 174,228 40,000 134,228 Assets Current Assets Cash Accounts receivable Inventory Fixed assets Total assets O Warrior Industries Balance Sheet for 12/31/20XX Total current assets Property, plant and equipment Accumulated depreciation Net fixed assets Liabilities and Owner's Equity Current liabilities Accounts payable Note payable to bank Deposits from customers N Total current liabilities Long term mortgage Owner's Equity Total liabilities Retained earnings Total Owners' Equity Total liability and equities $ 52,400.00 $ 11,000.00 $ 15,900.00 $ 79,300.00 $ 80,000.00 $ (20,000.00) $ 60,000.00 $139,300.00 $ 5,300.00…