The operating income for TRX Inc. is $100 million. If the cost of goods is $30 million, SGA expenses are $15 million, and other operating expenses are $5 million, find

Q: Given a net income of $50,000, sales of $2,000,000, variable costs of S25,000, fixed operating costs…

A: Formula: Degree of operating leverage = ( Sales value - Variable cost ) / ( Sales value - Variable…

Q: Given the following data, compute the Survival Revenues (SR) for a corporation which sells Black &…

A: Survival revenue indicates the amount of revenue that a corporation requires to earn in order to…

Q: Horner Corporation reported net sales of $150,000, cost of goods sold of $96,000, operating expenses…

A:

Q: Crane Company is considering two alternatives. Alternative A will have revenues of $149,100 and…

A: Net income can be calculated by deducting the costs from the revenue. The net income is calculated…

Q: Calculate the net income for a company given the following information: Revenue: $50,000 Cost of…

A: Net income, also referred to as net profit or net earnings, is a measure of a company's…

Q: CraneManufacturing Inc. had sales of $3.00 million for the first quarter of 2022. In making the…

A: CVP income statement for the quarter ended March 31, 2022.Sales$3,000,000Variable Costs$1,080,000…

Q: Information concerning an entity's product is as follows: Sales, P300,000; Variable Cost, P240,000;…

A: Net income is the amount of money earned by the entity after deducting expenses from the revenues.…

Q: Cottonwoods cvp income statement included sales of 5,000units , a selling price of $100 , variable…

A: Income statement is one of the financial statements that shows profitability, total revenue and…

Q: A retail company TGT has sales of $1,120,000 and total costs of $955,000, including depreciation and…

A: Profit margin = Net profit / Sales * 100

Q: 1.1 If the Cost of Sales for Company x is 150000, the Gross Profit is250000 and the Sales is 400000…

A: The Gross Profit Margin is a financial metric used to assess a company's financial health and…

Q: Consider the following income statement: Sales $ 912,400 Costs 593,600 Depreciation 135,000 Taxes…

A: The income statement is one of the important financial statements of the business. The net income is…

Q: Bogs company has a net profit margin of 5%, an operating profit margin of 10%, and a gross profit…

A: Gross Profit = Sales Revenue x Gross Profit Margin Cost of Goods Sold = Sales - Gross Profit

Q: Need Help

A: Gross Profit=Sales Revenues−Cost of Goods Sold.Given:Sales Revenues = $450,000.Cost of Goods Sold =…

Q: During the current year, Sokowski Manufacturing earned income of $320,000 from total sales of…

A: Sales margin is one of profitability ratio being used in business. This shows how much net income…

Q: Kamili Company reported the following income statement items for 20X1: Sales: $100,000 Net Income…

A: Profit, after expenses also known as income or earnings is an indicator of how well a company is…

Q: Operating Profit?

A: Operating profits are profits that are earned by the company from its major business activities…

Q: Nerf Mania reports net income of $500,000, net sales of $4,000,000, and average assets of…

A: The objective of the question is to calculate the profit margin for Nerf Mania. The profit margin is…

Q: Sales is 160% of Cost of Goods Sold. The company had a profit after tax of (40,000). If tax rate is…

A: The gross profit represents the profit earned by the company before deducting the expenses from the…

Q: Target has Sales Revenues of 6000, Accruals or 3500, and Operating Costs of 2500. Calculate Target's…

A: Operating income is the income earned on sale of goods and services and after deducting all type of…

Q: what is total contribution if sales volume

A: The contribution margin is used in the variable costing method.The contribution margin is the amount…

Q: Arm’s CVP income statement included sales of 4,000 units, a selling price of $100, variable expenses…

A: Income statement: This statement showing that the firm’s revenue and expenses over a specified…

Q: ACE Manufacturing has net sales of $90,000, cost of goods sold of $65,000, and operating expenses of…

A: Income statement is a financial statement that shows profitability, total revenue and total expenses…

Q: Variable costs and their percentage relationship to sales are sales commissions 6%, advertising 4%,…

A: A flexible budget performance report compares actual revenues and costs over time to predicted…

Q: Carla Vista Company is considering two alternatives. Alternative A will have sales of $154,800 and…

A: Incremental Analysis :— This analysis shows the comparison between two different alternatives. A…

Q: Waterway Industries’s cost of goods sold is $ 520000 variable and $ 290000 fixed. The company’s…

A: Total cost of goods sold = 520,000 + 290,000 = 810,000 Total selling and administrative expenses =…

Q: If the company’s net profit is OMR 20,000 and the net profit ratio is 20% then the sales would…

A: Net profit ratio represents, percentage of profits earned on net sales. Net profit ratio is…

Q: At a sales level of $441,000, James Company's gross margin is $15,000 less than its contribution…

A: Step 1: Introduction to Contribution Margin and Gross Margin:The contribution margin is computed by…

Q: Kingsbury Manufacturing has net sales revenue of $940,000, cost of goods sold of $346,400, and all…

A: Gross profit = Sales - cost of goods soldGross Profit Margin in Decimals= (Gross profit/sales) Net…

Q: The following are information for XYZ Company: • Gross sales - P3,000,000 Items returned by…

A: Transportation cost does not reduce sales becuase these are operating expenses.

Q: a. DOL b. DFL C. DCL

A: Solution:- a)Calculation of DOL as follows under:- Degree of Operating leverage =[sales -variable…

Q: Swank Clothiers had sales of $383,000 and cost of goods sold of $260,000. What is the gross profit…

A: Service-based businesses frequently have greater gross margins and gross profit margins due to the…

Q: Alpha has assets of $102 millión, costs of goods sold of $24.3 million, and total sales of $97…

A: Cost of goods sold is the amount of cost incurred on the making of the goods. It includes the cost…

Q: Aurora Lighting Ltd has the following income statement items: sales of $12 000 000; cost of goods…

A: Introduction: Gross profit: Deduction of cost of goods sold from the sales value derives the Gross…

Q: The actual selling expenses incurred in March 2022 by Sheffield Company are as follows. Variable…

A: we have to prepare a selling expenses flexible budget report. the answer are as follows.

Q: Blossom Corp. has annual sales totaling $1146000 and an average gross profit of 20% of cost. What is…

A: Gross profit = Sales - Cost Gross profit = Sales x Gross profit (%)   So, Sales = Gross profit +…

Q: Marigold’s CVP income statement included sales of 3100 units, a selling price of $100, variable…

A: Net income = Sales - Variable Expenses - Fixed Expenses

Q: Cullumber Manufacturing Inc. had sales of $2.70 million for the first quarter of 2022. In making the…

A: For CVP income statement, the contribution margin is calculated as the difference between sales and…