Pacific Manufacturing had $420 million in sales last year, with fixed assets of $340 million operating at 70% capacity. Calculate how much sales could increase (in millions) before Pacific needs to increase its fixed assets.
Q: Accounting
A: The contribution margin ratio is calculated using the formula: Contribution Margin Ratio = [(Selling…
Q: General Account Question
A: Explanation for 1: The cost of goods sold is calculated as = Cost of goods manufactured + Beginning…
Q: Answer this Accounting MCQ
A: To calculate how much Daisy Inc. must charge per unit, use the break-even price formula: Selling…
Q: Answer? ? Accounting question
A: Step 1:The budgeted indirect cost allocation rate for the bearing assembly activity can be…
Q: Correct Answer this Accounting MCQ
A: Explanation of Operating Margin:Operating margin is a profitability metric that shows the percentage…
Q: Can you please give me correct solution for this general accounting question?
A: Step 1: Define Contribution Margin and Break-Even PointThe contribution margin is the difference…
Q: Given correct answer general Accounting question
A: Beta Asset = Beta Equity / (1 + (1 - Tax Rate) * (Debt/Equity))Current (Before…
Q: What is the corresponding change in total liabilities.
A: Explanation of Accounting Equation:The Accounting Equation is the fundamental principle of…
Q: What is the amount of total assets at the end of the year ?
A: To determine the total assets at the end of the year, we use the accounting equation: Assets =…
Q: Provide answer is accounting question
A: Explanation of Return on Assets (ROA):Return on Assets (ROA) is a financial metric that evaluates a…
Q: On 1st May, 2024 you are engaged to audit the financial statement of Giant Pharmacy for the period…
A: (a) When we talk about the objective of an audit of financial statements, we mean that the main goal…
Q: Direct material spending variance.
A: Explanation of Direct Materials Cost:Direct materials cost refers to the expense incurred on raw…
Q: Accurate Answer this question
A: Explanation of Predetermined Overhead Rate:The predetermined overhead rate is a calculated rate used…
Q: How much is bonitas congratulations margin ratio?
A: Step 1: Definition of Contribution Margin RatioThe contribution margin ratio is the percentage of…
Q: What is the expected price of this stock one year from now on these financial accounting question?
A: To calculate the expected stock price one year from now, follow these steps: 1. Calculate the…
Q: Answer this question
A: Explanation of Gross Margin: Gross margin represents the difference between sales and the cost of…
Q: A business purchased equipment for $165,000 on January 1, 2021. The equipment will be depreciated…
A: Explanation of Straight-line Depreciation Method: This is the most straightforward method of…
Q: What is the earnings per shere
A: The question requires the determination of the EPS. Earnings per share (EPS) is a widely used metric…
Q: Abc
A: Step 1: Definition of Stockholders' Equity and Current LiabilitiesStockholders' Equity: This…
Q: provide solution. in this questions.
A: The correct answer is:d. Assets - LiabilitiesHere's why:Net Worth, also known as Equity, represents…
Q: What is the degree of opereting leverage?
A: Step 1: Definition of Operating LeverageOperating leverage measures the sensitivity of operating…
Q: Please solve this problem
A: Step 1: Define Total Variable Maintenance CostTotal Variable Maintenance Cost refers to the portion…
Q: A company rents a building with a total of 100,000 square feet, which is evenly divided between two…
A: Step 1: Define Understand the Allocation BasisThe rent for the building is allocated based on the…
Q: Given the correct answer is accounting
A: Step 1: Analysis of information givenFactory overhead is already included in the total manufacturing…
Q: Quick answer of this accounting questions
A: Step 1: Definition of Overhead Application RateThe Overhead Application Rate (also called the…
Q: Summerford Company manufactures part G for use in its production cycle. The full cost per unit for…
A: Step 1: Calculate the cost of making Part GSummerford makes 10,000 units of Part G, and the cost per…
Q: Hi expert provide correct answer
A: Step 1: Definition of Contribution Margin AnalysisContribution margin analysis is a financial metric…
Q: Please give me answer general accounting question
A: Step 1: Definition of Contribution MarginThe contribution margin is the amount remaining from sales…
Q: General accounting
A: Step 1: Definition of Asset Turnover and Equity MultiplierAsset Turnover: Asset turnover measures…
Q: What amount of cash did glenview receive from customer?
A: Explanation of Revenue from Customers: Revenue from customers refers to the total amount of money a…
Q: What is the book value per share and earning per share ?
A: Step 1: Analysis of information givenMarket-to-book ratio = 3.20PE ratio = 5.40Market price of the…
Q: The gross margin for July?
A: Step 1: Definition of Gross MarginGross margin is the difference between a company's sales revenue…
Q: Provide answer
A: Explanation of Adjusted Basis:The adjusted basis of an asset is its original purchase cost minus any…
Q: What is the book value per share ?
A: To calculate the book value per share, use the formula: Book Value Per Share = Total Equity ÷ Number…
Q: Financial accounting question
A: Here is the step-by-step calculation with all workings detailed:Given Data:Original Beta (βL) =…
Q: Calculate gross profit
A: Step 1: Definition of Gross ProfitGross profit is the difference between net sales and cost of goods…
Q: What direction did total liabilities change during this period ?
A: To calculate the change in total liabilities, we use the basic accounting equation: Assets =…
Q: Falcon Auto Repair Shop uses a job order cost... Please answer the general accounting question
A: Step 1: Define Predetermined Overhead RateThe Predetermined Overhead Rate (POHR) is an estimated…
Q: Don't use ai given answer accounting questions
A: Step 1: Introduction to accounting equationAccounting equation refers to that equation which…
Q: Financial accounting question
A: Step 1: Define Overhead AppliedOverhead applied refers to the amount of estimated manufacturing…
Q: Calculate the accounts receivable turnover ratio
A: Step 1: Definition of Accounts Receivable Turnover RatioThe accounts receivable turnover ratio…
Q: Financial accounting question
A: Step 1: Define Total Annual Inventory Cost (TC)Total Annual Inventory Cost (TC) includes three main…
Q: Lalit Lumber Company has sales of $13 million per year, all on credit terms calling for payment…
A: DSO (Days Sales Outstanding) measures the average number of days it takes for a company to collect…
Q: Hii ticher please given correct answer general Accounting
A: Step 1: Define Break-Even Point in Dollar SalesThe Break-Even Point in Dollar Sales is the amount of…
Q: NO WRONG ANSWER
A: 1. Calculate Total Debt:Debt-equity ratio = Total Debt / Total EquityTotal Debt = Debt-equity ratio…
Q: What is the total cost of the job when it is completed in October? General accounting
A: Step 1: Definition of Job CostThe total cost of a job is determined by adding the direct materials…
Q: Quick answer of this accounting questions
A: To calculate the Gross Margin, use the following formula: Gross Margin = Sales Revenue - Sales…
Q: How much total cost would be allocated to the assembly activity cost pool?
A: Explanation of Activity-Based Costing (ABC):Activity-Based Costing (ABC) is a costing method that…
Q: What is the company's plantwide overhead rate
A: Concept of Overhead Costs: Overhead costs refer to the indirect expenses incurred during the…
Q: 5 PTS
A: Step 1: Calculate the Predetermined Overhead RateOverhead is applied based on direct labor…
Calculate how much sales could increase solve this question general Accounting
Step by step
Solved in 2 steps
- Water and Power Co. (W&P) currently has $575,000 in total assets and sales of $1,400,000. Half of W&P’s total assets come from net fixed assets, and the rest are current assets. The firm expects sales to grow by 22% in the next year. According to the AFN equation, the amount of additional assets required to support this level of sales is . (Note: Round your answer to the nearest whole number.) W&P was using its fixed assets at only 95% of capacity last year. How much sales could the firm have supported last year with its current level of fixed assets? (Note: Round your answer to the nearest whole number.) $1,547,368 $1,768,421 $1,473,684 $1,694,737 When you consider that W&P’s fixed assets were being underused, its target fixed assets to sales ratio should be %. (Note: Round your answer to two decimal places.) When you consider that W&P’s fixed assets were being underused, how much fixed assets must W&P raise to…Earleton Manufacturing Company has $3 billion in sales and$787,500,000 in fixed assets. Currently, the company’s fixed assets are operating at 80% ofcapacity.a. What level of sales could Earleton have obtained if it had been operating at fullcapacity?b. What is Earleton’s target fixed assets/sales ratio?c. If Earleton’s sales increase 30%, how large of an increase in fixed assets will thecompany need to meet its target fixed assets/sales ratio?Buzzy Manufacturing Company has P2 billion in sales and P0.6 billion in fixed assets. Currently, the company’s fixed assets are operating at 80% of capacity. What level of sales could Buzzy have obtained if it have been operating at full capacity? What is Buzzy’s target fixed assets to sales ratio? If Buzzy’s sales increased by 30%, how large is the increase in fixed assets will the company need to meet its target fixed assets to sales?
- Williamson Industries has $7 billion in sales and $1.944 billion in fixedassets. Currently, the company’s fixed assets are operating at 90% of capacity.a. What level of sales could Williamson Industries have obtained if it had been operatingat full capacity?b. What is Williamson’s target fixed assets/sales ratio?c. If Williamson’s sales increase 15%, how large of an increase in fixed assets will thecompany need to meet its target fixed assets/sales ratio?Williamson Industries has $3 million in sales and $2.838 million in fixed assets. Currently, the company's fixed assets are operating at 90% of capacity. a. What level of sales could Williamson Industries have obtained if it had been operating at full capacity? Write out your answer completely. For example, 25 million should be entered as 25,000,000. Round your answer to the nearest cent. 2$ b. What is Williamson's target fixed assets/sales ratio? Do not round intermediate calculations. Round your answer to two decimal places. % c. If Williamson's sales increase 14%, how large of an increase in fixed assets will the company need to meet its target fixed assets/sales ratio? Write out your answer completely. For example, 25 million should be entered as 25,000,000. Negative value should be indicated by a minus sign. Do not round intermediate calculations. Round your answer to the nearest cent.Last year Jain Technologies had $250 million of sales and $100 million of fixed assets, so its Fixed Assets/Sales ratio was 40%. However, its fixed assets were used at only 40% of capacity. Now the company is developing its financial forecast for the coming year. As part of that process, the company wants to set its target Fixed Assets/Sales ratio at the level, it would have had, had it been operating at full capacity. What target Fixed Assets/Sales ratio should the company set? Please explain the process and show calculations.
- Last year Jain Technologies had $250 million of sales and $100 million of fixed assets, so its Fixed Assets/Sales ratio was 40%. However, its fixed assets were used at only 40% of capacity. Now the company is developing its financial forecast for the coming year. As part of that process, the company wants to set its target Fixed Assets/Sales ratio at the level, it would have had, had it been operating at full capacity. What target Fixed Assets/Sales ratio should the company set? a. 19.0% b. 14.6% c. 16.0% d. 15.4% e. 14.2% please type out all of your workLast year Jain Technologies had $260 million of sales and $104 million of fixed assets, so its Fixed Assets/Sales ratio was 40%. However, its fixed assets were used at only 60% of capacity. Now the company is developing its financial forecast for the coming year. As part of that process, the company wants to set its target Fixed Assets/Sales ratio at the level, it would have had, had it been operating at full capacity. What target Fixed Assets/Sales ratio should the company set? a. 24.00% b. 19.35% c. 17.14% d. 31.58% e. 11.43%Earleton Manufacturing Company has $3 billion in sales and $661,000,000 in fixed assets. Currently, the company's fixed assets are operating at 80% of capacity. a. What level of sales could Earleton have obtained if it had been operating at full capacity? Write out your answers completely. For example, 13 million should be entered as 13,000,000. Round your answer to the nearest dollar.$ ____ b. What is Earleton's target fixed assets/sales ratio? Do not round intermediate calculations. Round your answer to two decimal places. % ____ c. If Earleton's sales increase 30%, how large of an increase in fixed assets will the company need to meet its target fixed assets/sales ratio? Write out your answer completely. Do not round intermediate calculations. Round your answer to the nearest dollar.$ ____
- Walter Industries has $5 billion in sales and $1.7 billion in fixed assets. Currently, the company’s fixed assets are operating at 90% of capacity. What level of sales could Walter Industries have obtained if it had been operating at full capacity? b.What is Walter’s Target fixed assets/Sales ratio? c.If Walter’s sales increase 12%, how large of an increase in fixed assets will the company need to meet its Target fixed assets/Sales ratio?Database Systems is considering expansion into a new product line. Assets to support expansion will cost $380,000. It is estimated that Database can generate $1,390,000 in annual sales, with an 6 percent profit margin. What would net income and return on assets (investment) be for the year?Last year Handorf-Zhu Inc. had $850 million of sales, and it had $425 million of fixed assets that were used at only 85% of capacity. What is the maximum sales growth rate the company could achieve before it had to increase its fixed assets? Please explain process and show calculations.
