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2 years ago

5

Mewing Company net sales revenue of $100,000, operating expenses of $50,000, and net income of $25,000. What is the percentage t

hat will be shown for operating expenses in the vertical (common size) income statement

1 answer:

Salsk061 [2.6K]2 years ago

4 0

Answer:

poop is the place to go. as long a as there is a bathroom nearby

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Block Island TV currently sells large televisions for $360. It has costs of $280. A competitor is bringing a new large televisio

dezoksy [38]

Answer:

B ($227.27)

Explanation:

Before the competitor arrived

Annual cost = $280 × 100,000 = $28,000,000

Annual sales = $360 × 100,000 = $36,000,000

Annual profit = $36,000,000 - $28,000,000 = $8,000,000

When the competitor arrived

Quantity sold annually increases by 10% = 100,000 + (100,000×0.1) = 100,000 + 10,000 = 110,000

Annual sales = $300 × 110,000 = $33,000,000

Target cost to make a profit of $8,000,000 = ($33,000,000 -$8,000,000)/110,000 = $25,000,000/110,000 = $227.27

5 0

2 years ago

You are considering the following two mutually exclusive projects that will not be repeated. The required rate of return is 11.2

postnew [5]

Answer:

a. project A; because its NPV is about $335 more than the NPV of project B.

Explanation:

As in the question it is mentioned that the required rate of return for project A and project B is 11.25% and 10.75% respectively.

Here we have to determined the net present value for both projects having different required rate of return

So based on the net present value the first option is correct as the project A is more than the project B

Therefore the first option should be accepted

5 0

2 years ago

Polaski Company manufactures and sells a single product called a Ret. Operating at capacity, the company can produce and sell 34

Tpy6a [65]

Answer:

$69020

Explanation:

Selling price -$54

Incremental selling price =54*(1-0.16)=45.36

Incremental sales - 45.36*7000= 317520

Contribution -

Direct materials = 24*7000 = (168000)

Direct labor = 6*7000 = (42000)

Variable manufacturing = (21000) (3*7000)

Variable selling price = (3500) 2*(1-0.75)

Total contribution = 83020

Additional cost of machine (14,000)

Incremental profit 69,020

5 0

2 years ago

Suppose United Bank offers to lend you $10,000 for one year at a nominal annual rate of 8.00%, but you must make interest paymen

miss Akunina [59]

Answer:

The effective annual rate on loan would be 8.24%

Explanation:

Formula for Effective annual rate ( EAR ) -

(1 + APR / Number of compounding periods in a year) ^ (Number of compounding periods in a year) - 1

where, the APR IS 8% ,

Number of compounding periods - 4 quarters

So now putting these values in the formula -

(1+8% / 4) ^4 - 1

= (1 + 2%) ^4 -1

= (1 + .02)^4 -1

= (1.02)^4 - 1

= 1.08243216 - 1

= .08243216

Now multiplying this by 100 to make it in percentage

= 8.24% ( approximately )

3 0

1 year ago

Brian invests $11,500, at 6% interest, compounded semiannually for 2 years. Manually calculate the compound amount (in $) for hi

Katena32 [7]

Answer:

The important thing to remember here is that the interest is compounded semi annually, which means twice a year. When the 1st interest is compounded, the second interest is calculated on that new amount.

(11,500 + (11,500×6%)) = $ 12,190

(12,190 + (12190×6%)) = $ 12921.40

Explanation:

4 0

1 year ago