A firm with $780,000 fixed costs and $380,000 depreciation is expected to produce $405,000 in profits. What is its DOL? a. 3.86 b. 2.93 c. 3.93 d. 2.86
Q: Explain the concept of revenue recognition. What are the criteria that must be met before revenue…
A: DefinitionRevenue recognition is an accounting principle that determines the specific conditions…
Q: Quick answer of this accounting questions
A: Step 1: Definition of Return on Equity (ROE)Return on Equity (ROE) is a measure of financial…
Q: I need help with accounting question
A: Step 1: Definition of Relative P/ERelative P/E is a ratio that compares a company's P/E ratio to the…
Q: Balance sheet information is useful for all of the following except:a) evaluating a company's…
A: The balance sheet is one of the three fundamental financial statements used by businesses and…
Q: If a company has average accounts receivable:60000
A: Explanation of Days Sales Outstanding (DSO):Days Sales Outstanding (DSO) is a financial ratio that…
Q: Tutor provide correct answer
A: The sustainable growth rate (SGR) can be calculated using the formula:SGR=ROE×(1−Dividend Payout…
Q: Quick answer of this accounting questions
A: Step 1: Definition of Gross Profit MarginGross Profit Margin: The gross profit margin is a financial…
Q: Find true asnwer. Account general
A: The correct answer is:a. equals 2,000 units, unfavorable Explanation:Sales Volume Variance in Units:…
Q: Information pertaining to Noskey Corporation’s sales revenue follows:…
A:
Q: Please provide solution this general accounting question
A: Step 1: Define GoodwillGoodwill is an intangible asset that arises when a company is purchased for…
Q: Sub. General Account
A: Correct Answer: d. Sales BudgetThe sales budget is the first step in the budgeting process for most…
Q: Hello tutor solve this question and accounting
A: Step 1: Define Direct Labor BudgetThe direct labor budget gives an estimate of the direct labor cost…
Q: Poonam's material quantity variance is favorable or unfavorable
A: Given:Standard usage = 1.5Actual units produced = 2,000Standard price = $6Formula:Material quantity…
Q: Hello teacher please help me this question general accounting
A: Step 1: Calculation of Total PaymentTotal Payment = Number of Months × Monthly PaymentTotal Payment…
Q: Miller Corporation had beginning total liabilities of $50,000 and ending total liabilities of…
A: Explanation of Net Income:Net income refers to the profit earned by a company after deducting all…
Q: Do fast answer of this accounting questions
A: Step 1: Definition of MarginMargin refers to the percentage of net operating income generated from…
Q: Please correct answer with accounting and question
A: Step 1: Definition of Rate of Return on Net SalesThe rate of return on net sales measures how much…
Q: Please give me true answer this financial accounting question
A: Step 1: Define Net IncomeNet income is the profit earned by a company after deducting all expenses,…
Q: General accounting
A: The relative P/E ratio is a measure that compares a company's price-to-earnings (P/E) ratio to a…
Q: No WRONG ANSWER
A:
Q: Evergreen Logistics incurred the following costs for a new delivery truck: please answer the…
A: Step 1:The cost of assets includes the purchase price and the cost incurred to bring the assets for…
Q: Need Answer
A: Explanation of Book Value Per Share:The book value per share is a financial metric that calculates…
Q: What is the operating income using variable costing on these general accounting question?
A: Step 1: Define Variable Costing Operating IncomeVariable Costing Operating Income is the profit…
Q: Can you help me with accounting questions
A: Step 1: Units that were Completed can be calculated by subtracting the ending inventory from the sum…
Q: What is the net profit margin? Provide answer
A: To calculate the net profit margin, use the formula: Net Profit Margin =(Net Income/Total Sales) ×…
Q: Using lower of cost or market rule
A: Step 1: FIFO FIFO method - The oldest purchases will be sold firstThe 15 units sold will come from…
Q: Solve this general accounting question
A: To calculate the materials variances, we need to determine the materials price variance and the…
Q: Sub: general accounting
A: Explanation of Non-Interest-Bearing Note: A non-interest-bearing note is a promissory note where the…
Q: Need help with this question solution general accounting
A: To solve this, we need to find the remaining balance after the partial repayment of $5,000, taking…
Q: Which of the following is classified as an intangible asset?
A: Explanation of Intangible Assets: Intangible assets are non-physical assets that hold economic value…
Q: During its first year of operations, a company granted employees vacation privileges and pension…
A: Concept of Vacation Pay: Vacation pay refers to the amount a company sets aside to compensate…
Q: Genral account
A: The Dec 30 sale of 15 units will come from the beginning inventory since FIFO method is used. The…
Q: Need help with this general accounting question
A: Step 1: Define Amortization ExpenseAmortization expense refers to the periodic allocation of the…
Q: Please give me answer general accounting question
A: Step 1: Definition of Gross Profit MarginThe gross profit margin is a profitability ratio that…
Q: Hello tutor please provide this question solution accounting
A: The debt-to-equity ratio is calculated as: Debt-to-Equity Ratio = Total Liabilities ÷ Total…
Q: Using the Hofstede Country Comparison ToolLinks to an external site., compare your nation to two…
A: To compare national cultures using Hofstede's dimensions, I will analyze Australia, Austria, and…
Q: Calculate the firm's annual cash flows associated with the new project?General accounting
A: Step 1:The depreciation tax shield is calculated as follows: Depreciation tax shield = Depreciation…
Q: Correct Answer
A: Explanation of Vacation Pay:Vacation pay refers to the cost a company incurs for granting employees…
Q: Gale Corporation owns 15% of the common stock of Troy Enterprises and uses the fair-value method to…
A: Gale Corporation employs the fair-value method to account for its 15% investment in Troy…
Q: What is the equity at the end of the year? General accounting
A: We can calculate the equity at the end of the year using the basic accounting equation: Assets =…
Q: Non
A:
Q: What is the sustainable growth rate?
A: To calculate the sustainable growth rate (SGR), we use the formula:SGR = ROE × (1 - Dividend Payout…
Q: Solve this Accounting Problem
A: Explanation of Break-Even Point:The break-even point is the level of sales where a company's total…
Q: Solve this ?
A: Explanation of Predetermined Overhead Rate:The predetermined overhead rate is a rate calculated at…
Q: What is the net income?
A: To find the net income, use the formula for Return on Equity (ROE):ROE=Net Income/EquitySales = $12…
Q: Monroe's Auto Repair Shop started the year with total assets of $300,000 and total liabilities of…
A: To calculate the stockholders' equity at the end of the year, follow these steps: Calculate the net…
Q: Total manufacturing costs are $170,000 when 20,000 packages are produced. Of this amount, total…
A: Concept of Total Manufacturing Costs:Total manufacturing costs refer to the sum of all expenses…
Q: Financial Accounting
A: Step 1: Define High-Low MethodThe high-low method is used to separate fixed and variable costs from…
Q: At the beginning of the year, manufacturing overhead for the year was estimated to be $800,000. At…
A: Explanation of Estimated Manufacturing Overhead: The amount of overhead costs budgeted at the…
Q: What is the gross margin percentage ?
A: Explanation of Gross Margin Percentage:Gross margin percentage is a profitability metric that…
What is its DOL ?
Step by step
Solved in 2 steps
- 8. A project has an initial cost of $32,000 and a 3-year life. The projected net income from the project is $1,500, $2,100, and $1,700 a year for the next 3 years, respectively. The company uses straight-line depreciation to a book value of zero over the life of the project. What is the average accounting return? A. 8.72% В. 10.10% С. 11.04% D. 14.69%Provide Answer plsYou are analyzing a project and have developed the following estimates. The depreciation is $47,900 a year and the tax rate is 21 percent. What is the worst-case operating cash flow? Unit sales Sales price per unit Variable cost per unit Fixed costs -$2,545 $11,145 $88,855 $27,556 O $63,937 Base-Case Lower Bound Upper Bound 9,800 12,800 $34 $24 $ 9,200 11,300 $ 39 $25 $ 9,700 $44 $26 $ 10,200
- PB4. 12. Banyan Industries has two divisions, a tax rate of 30%, and a minimum rate of return of 20%. Division A has a weighted average cost of capital of 9.5% and is looking at a new project that will generate a profit of $1,200,000 from a machine that costs $4,000,000. Division B has a weighted average cost of capital of 9.5% and is looking at a new project that will generate a profit of $1,350,000 from a machine that costs $5,000,000. Calculate the EVA for each of banyans divisonsProvide Answer with calculation and explanationGet Answer please provide
- Tr.22.Need helpA company's current net operating income is $16,800 and its average operating assets are $80,000. The company's required rate of return is 18%. A new project being considered would require an investment of $15,000 and would generate annual net operating income of $3,000. What is the residual income of the new project? Select one: a. 20.8% b. 20% c. ($150) d. $300