Number of results: 24,541
Cost Accounting
Katherine Company's Sales Budget Has The Following Unit Sales Projection For Each Quarter Of The Calendar Year 2009. January -March 540,000 April-June 680,000 July-September 490,000 October-December 550,000 Total 2,260,000 Sales for the first quarter of 2010 are expected ...
Saturday, November 7, 2009 at 11:19am by Jessi
Accounting
Nafari Company's sales budget has the following unit sales projection for each quarter of the calendar year 2011. January -March 1,080,000 April-June 1,360,000 July-September 980,000 October-December 1,100,000 Total 4,520,000 Sales for the first quarter of 2012 are ...
Wednesday, October 13, 2010 at 10:44pm by sylvia
Accounting
Nafari Company's sales budget has the following unit sales projection for each quarter of the calendar year 2011. January -March 1,080,000 April-June 1,360,000 July-September 980,000 October-December 1,100,000 Total 4,520,000 Sales for the first quarter of 2012 are ...
Wednesday, October 13, 2010 at 10:43pm by sylvia
accouting
Nancy Company has budgeted sales of $300,000 with the following budgeted costs: Direct materials $60,000 Direct manufacturing labor 40,000 Factory overhead Variable 30,000 Fixed 50,000 Selling and administrative expenses Variable 20,000 Fixed 30,000 Question 1: Compute the ...
Saturday, April 2, 2011 at 11:07pm by eric
Managerial accounting
The marketing department of Jessi Corporation has submitted the following sales forecast for the upcoming fiscal year (all sales are on account): 1st Quarter 2nd Quarter 3rd Quarter 4th Quarter Units to be produced 12,000 14,000 13,000 11,000 The selling price of the company...
Monday, September 5, 2011 at 12:18am by kim
Business Maths
A company past experience indicates the 60% of its credit sales are collected in the month of sale, 30% in the next month, and 5% in the second month after the sale, the remainder is never collected, budgeted credit sales were: April 80,000; May 48,000; June 120,000; the cash ...
Tuesday, December 1, 2009 at 11:25am by Peaches
math
The Recall Computer Company has six territories, each represented by one salesperson. After extensive planning, the company determines that each territory would be expected to achieve the following percentages of total company sales for 2008: Territory 1=27% Territory 4=12% ...
Wednesday, September 5, 2012 at 12:36pm by nan
business
The Recall Computer Company has six territories, each represented by one salesperson. After extensive planning, the company determines that each territory would be expected to achieve the following percentages of total company sales for 2008: Territory 1=27% Territory 4=12% ...
Tuesday, September 4, 2012 at 12:02pm by nan
math
A company had sales of 500,000 in 1996 and sales of 720,000 in 1998. Use the midpoint formula to to find the company's sales in 1997.
Saturday, March 30, 2013 at 9:27pm by e p
math
A company had sales of 500,000 in 1996 and sales of 720,000 in 1998. Use the midpoint formula to to find the company's sales in 1997.
Saturday, March 30, 2013 at 9:23pm by e p
business finance
if the break-even point in dollar sales for a company is $360,000 and the company's contribution margin ratio is 30% and the company expects a profit of $84,000, what would the sales have to total?
Wednesday, May 4, 2011 at 7:06pm by Missy
Accounting
Carpaitha Inc began 2009 with $140,000 in cash. The company plans to have $1,400,000 accrual basis sales revenue during the year, of which it plans to collect 80% in 2009 and the other 20% in 2010. The company plans to record the following expenses in 2009: various operating ...
Sunday, November 14, 2010 at 7:35pm by Joyce
math
Aley Company pays all its employees in a graduated commission scale: 3% on the first $30,000 sales, 5% on sales from $30,000 to $110,000, and 7% on sales more than $110,000. Jim Jones, an employee of Aley, has $130,000 in sales. What commission did Jim earn? Show
Monday, May 7, 2012 at 11:36pm by Anonymous
finance
1. Baldwin Products Company anticipates reaching a sales level of $6 million in one year. The company expects net income during the next year to equal $400,000. Over the past several years, the company has been paying $50,000 in dividends to its stockholders. The company ...
Monday, August 25, 2008 at 8:35pm by Help
Account
Peck Company: The Peck Company reported the following items on its financial statements for the year ending December 31, 2010. Sales - $1,560,000 Cost of Sales - $1,400,000 Selling, general & administrative expense - 40,000 Other Expense - 30,000 Dividends - 10,000 Income ...
Sunday, September 23, 2012 at 5:30pm by Anton
accounting
The Anderson Company has sales of $4,500,000. It also has invested assets of $2,000,000 and operating expenses of $3,600,000. The company has established a minimum rate of return of 7%. What is Anderson Company's profit margin? 18% 44.4% 20% 80%
Friday, August 14, 2009 at 9:59am by natasha
Accounting
Peck Company The Peck Company reported the following items on its financial statements for the year ending December 31, 2010. Sales - $1,560,000 Cost of Sales - $1,400,000 Selling, general and administrative expense - 40,000 Other Expense - 30,000 Dividends - 10,000 Income Tax...
Sunday, September 23, 2012 at 3:28pm by Anton
Math
A company's cost of doing business in a recent month was $18,000. Their revenue on sales for that month was $27,000. What percent profit as a percentage of sales did the company earn?
Sunday, January 9, 2011 at 6:06pm by ruth
8th grade math
A company reported that it made a profit of 8% as a percentage of sales and that its sales revenue was $25,000. How much profit did the company make? my answer: $2,000
Monday, November 8, 2010 at 6:56pm by Elizabeth
college algebra
You apply for a job selling diet marshmallows because an ad says that the average company employee earns $50,000 a year. Later you discover that the company has a president, a sales manager, and 30 salespeople; you also learn that each salesperson earns $14,000 a year. How can...
Monday, August 27, 2007 at 9:30pm by blaine
Math
The total sales of a company in 2008 were $45,000. In 2011, it grew to $84,000. Use as the number of years since 2000 and as the total sales, and answer the following: a. What is the rate of change (slope) in the total sales? b. Write an equation in both point-slope...
Saturday, January 21, 2012 at 11:35pm by Marta P
management accounting
Fi a company has a policy of maintaining an inventory of finished goods equal to 30 percent of the following month's sales. For the forthcoming month of March, Ball has budgeted the beginning inventory at 30,000 units and the ending inventory at 33,000 units. This suggests...
Wednesday, November 4, 2009 at 9:17pm by Jessi
8th grade math
A company's cost of doing business in a recent month was $18,000. Their revenue on sales for that month was $27,000. What percent profit as a percentage of sales did the company earn? my answer: 33 1/3%
Monday, November 8, 2010 at 6:46pm by Elizabeth
Algebra
Solve the problem. A salesperson gets a commission of $600 for the first $10,000 of sales, and then $300 for each additional $10,000 or partial of sales. Let S(x) represent the commission on x dollars of sales. Find the value of S(45,000)
Sunday, February 27, 2011 at 7:23am by brad
CPa
A company makes an investment of $150,000 with a useful life of 10 years and expects to use this investment to generate $300,000 in sales with $280,000 in incremental operating costs. If the company operates in an environment with a 30% tax rate, what are the expected after-...
Thursday, November 11, 2010 at 8:21pm by Anonymous
Finance
A company makes an investment of $150,000 with a useful life of 10 years and expects to use this investment to generate $300,000 in sales with $280,000 in incremental operating costs. If the company operates in an environment with a 30% tax rate, what are the expected after-...
Tuesday, August 10, 2010 at 4:10pm by john
finance
a company's current sales are $400,000 at a volume of 10,000 units. Fixed costs are $120,000 and variable costs are $30 per unit. What is the company's breakeven sales volume in units?
Friday, November 25, 2011 at 10:22am by t.b.
Marketing
9. The annual planning at Century Office Systems, Inc. had been arduous but produced a number of important marketing initiatives for the next year. Most notably, company executives had decided to restructure its product-marketing team into two separate groups: (1) Corporate ...
Monday, May 10, 2010 at 4:35pm by BABI
accounting-installment sales journal entry
Question: On 12/31/07, Company A sold equipment for $1,800,000. The equipment had a carrying amount of $1,200,000. At the time of the sale the buyer paid $300,000 cash and signed a $1,500,000 note bearing interest of $1,500,000 note bearing interest at 10% payable in five ...
Friday, October 24, 2008 at 4:25pm by Toni
Accounting
Sherman's interiors sells lamps. At March 31, the company had 400 sofas in inventory. The company's policy is to maintain a lamp inventory equal to 2% of next month's sales. The company expects the following sales activity for the second quarter of the year: April...
Sunday, April 6, 2008 at 3:40pm by Brian
Accounting
Blane Company has the following data: Total Sales 800,000, Total Variable Costs 300,000, Fixed Costs 200,000, Units Sold 50,000, What will operating income be if units sold double to 100,000 units?
Wednesday, March 7, 2012 at 4:44pm by Anonymous
marketing
Your companys sales are 50,000 units. The unit variable cost is $12. Your markup percent on sales is 40% and your fixed costs are $100,000. 1. What is your profit / loss? $100,000 You are thinking of increasing your advertising by $200,000. Based on previous data, you ...
Wednesday, June 23, 2010 at 1:47pm by Trecha
college Managerial accounting
Problem 47 Simon Hinson Company operates two divisions: Gordon and Ronin. A segmented income statement for the companys most recent year is as follow: Total Company Gordon Division Ronin Division Sales $850,000 $250,000 $600,000 Less variable expense 505,000 145,000 360,...
Thursday, January 7, 2010 at 7:39am by C
accounting
Your companys sales are 50,000 units. The unit variable cost is $12. Your markup percent on sales is 40% and your fixed costs are $100,000. 1. What is your profit / loss? You are thinking of increasing your advertising by $200,000. Based on previous data, you know that ...
Sunday, June 27, 2010 at 7:50am by Godfrey
Fin 324
Using the following data, compute net sales sales discounts 50,000 Accounts receivable, ending 125,000 Gross Sales 2,500,000 Inventory, ending 200,000 sales returns and allowances 75,000
Tuesday, March 22, 2011 at 11:11pm by Kenny
accounting
O'Hara Inc. made sales of $310,000 during 2008, it's first year of operations. Of this, $15,000 remained in accounts receivable at the end of the year. Additionally, the company paid and incurred $270,000 in expenses during the year. The company also prepaid $5,000 of ...
Sunday, November 14, 2010 at 9:08pm by Joyce
accounting
Canine Company produces and sells dog treats for discriminating pet owners. The unit selling price is $10, unit variable costs are $7, and total fixed costs are $3,300. What are breakeven sales? (Points :1) $11,000 $4,714 $3,300 $7,700
Sunday, May 16, 2010 at 11:42am by Monica
accounting
Bryan company budgets sales of 1,800,000, fixed costs of 1,000,000 and variable costs of 1,080,000. what is the contribution margin ratio for Bryan Company
Wednesday, February 15, 2012 at 12:24am by jojo
Algebra
A company reported that it made a profit of 8% as a percentage of sales and that its sales revenue was $25,000. How much profit did the company make?
Tuesday, January 11, 2011 at 10:54am by Anonymous
accounting
The following transactions occurred during March 2009 for the Wainwright Corporation. The company owns and operates a wholesale warehouse. 1. Issued 30,000 shares of common stock in exchange for $300,000 in cash. 2. Purchased equipment of a cost of $40,000. $10,000 cash was ...
Wednesday, January 12, 2011 at 12:46pm by Bobbi
MARKETING
Your companys sales are 50,000 units. The unit variable cost is $12. Your markup percent on sales is 40% and your fixed costs are $100,000. 1. What is your profit / loss?
Sunday, August 29, 2010 at 1:00pm by JT
MARKETING
Your companys sales are 50,000 units. The unit variable cost is $12. Your markup percent on sales is 40% and your fixed costs are $100,000. 1. What is your profit / loss?
Sunday, August 29, 2010 at 1:00pm by KEVIN
Finance
Tom company has sales of Rs.200,000/- with variable expenses of Rs.150,000/-, fixed expenses of Rs.60,000/-, and an operating loss of Rs.10,000/-. By how much would Tom have to increase its sales in order to achieve an operating income of 10% of sales?
Sunday, February 24, 2013 at 1:37am by vikram
math
A salesperson has two job offers. Company A offers a weekly salary of $150 plus commission of 6% of sales. Company B offers a weekly salary of $300 plus commission of 3% of sales. What is the amount of sales above which Company A's offer is the better of the two?
Sunday, September 30, 2012 at 4:41pm by Anonymous
Accounting
Absorption Income versus Contribution Margin Income Absorption Income versus Contribution Margin Income Given the computations for both gross profit on sales and contribution margin, can you give specific benefits to be derived from gross profit on sales as opposed to ...
Thursday, March 5, 2009 at 11:28am by Te
principles of finances
according to my interpretation of the question in October they would collect: the 10% of the August sales = .10($10,000) the 20% of the Sept sales = .20($20,000) and the 70% of the Oct sales = .70($30,000) Do the arithmetic and add them up A project has an inital outlay of 4,...
Wednesday, March 28, 2007 at 4:10am by Reiny
physics
you could produce a sample containing 2,400,000 free neutrons, what would it be 2658 seconds later? A) 300,000 neutrons, 2,100,000 protons, and 2,100,000 electrons. MY ANSWER B) 300,000 neutrons and 2,100,000 protons C) 300,000 neutrons, 2,100,000 protons, 2,100,000 neutrinos ...
Wednesday, October 26, 2011 at 12:13am by Anonymous
accounting
Cournot Company sells 100,000 wrenches for $12 a unit. Fixed costs are $300,000, and net income is $200,000. What should be reported as variable expenses in the CVP income statement? (a) $700,000. (c) $500,000. (b) $900,000. (d) $1,000,000.
Saturday, October 24, 2009 at 2:47pm by kathy
accounting
how would the table of analysis be set up with these transactions: started business with $25,000 paid rent $2,000 purchased equipment $6,000 only paid 40% owes difference purchased food and beverage $4,000 paid 75% in cash owes difference cash sales $4,000 utility bill was ...
Wednesday, March 14, 2012 at 12:13am by Keishante
math
A company has plans to increase its sales at the rate of 6% per year. If the sales of the company in 2001 were $23 million, how much sales can you expect the company to make in the year 2003?
Tuesday, November 1, 2011 at 12:57am by cindy
Physical science
If you could produce a sample containing 2,400,000 free neutrons, what would it be 2658 seconds later? A) 300,000 neutrons, 2,100,000 protons, and 2,100,000 electrons. MY ANSWER B) 300,000 neutrons and 2,100,000 protons C) 300,000 neutrons, 2,100,000 protons, 2,100,000 ...
Tuesday, October 25, 2011 at 3:11pm by Anonymous
Finance
The glenna gayle company (GGC) had sales of $400,000 in the past year, with operating expenses of $210,000 and cost of goods sold of $70,000. Interest expense was $30.000, and $10,000 in common stock dividends were received. The company had $20,000 in capital gains and $30,000...
Saturday, October 17, 2009 at 6:40pm by Tash
business
Lansing Auto Pats, Inc., has projected sales of $25,000 in October , $35,000 in November, and $30,000 in December of the companys sales 20 percent are paid for by cash and 80 percent are sold on credit. The credit sales are collected one month after the sale. Determine ...
Tuesday, March 20, 2012 at 12:27am by Andre
Acounting 202
Dokken & Dietrichs Donut Company pays for 25% of its inventory purchases in the month of the purchase and the remainder in the following month. The companys inventory purchases totaled $840,000 in October, $920,000 in November, and $600,000 in December. The ...
Thursday, March 22, 2007 at 10:22am by merceda
algebra
In the promotional park your company has budgeted $40,000 for some High Quality Astroturf and trees for a miniature golf course. The company plans on laying out 4,000 square feet of High Quality Astroturf, which costs $5.50 per square foot. The trees that your company wants to...
Monday, May 16, 2011 at 12:42am by Anonymous
Consumer Math
Joey-O's Organic Farm Financial Plan Revenues Budgeted Amounts From Farming $70,000 From Sales 8,200 Total $78,200 EXPENSES : Fertilizer $3,000 Pesticides 400 Feed 1,500 Equipment 1,700 Salaries 21,200 Supplies 300 Utilities 2,800 Insurance and interest 14,900 Repairs 2,...
Monday, April 16, 2012 at 1:12am by Anonymous
Math/Accounts
Estimate the cost of ending inventory based on the retail method using the following information: Cost Retail Beginning Inventory $ 600,000 $ 800,000 Purchases $ 450,000 $ 600,000 Net Sales $1,000,000 A. $150,000 B. $262,500 C. $300,000 D. $750,000
Wednesday, February 13, 2013 at 3:05pm by Anna
Statistics
I am trying to work a case problem, I have to take a group of numbers and using the data by product line, there is three different products lines, I need to compile a breakdown of sales by product then give a total of all three. then I need to find the expected sales for each ...
Thursday, December 31, 2009 at 7:35pm by Nancy
Algebra
The costs of doing business for a company can be found by adding fixed costs, such as rent, insurance, and wages, and variable costs, which are the costs to purchase the product you are selling. The portion of the companys fixed costs allotted to this product is $300, ...
Monday, August 4, 2008 at 8:54am by Kris
Math
Let x = # tickets sold on Saturday, then Fridays Sales # = (x-300) 25(x + x-300) = 30,000 Solve for x.
Tuesday, August 21, 2012 at 9:43pm by PsyDAG
Finance
Company reported $9,000 of sales, $6,000 of operation costs other than depreciation, and $1,500 of depreciation. The company had no amortization charges and no non-operation income. It had issued $4,000 of bonds that carry a 7% interest rate, and its federal-plus-state income ...
Tuesday, October 12, 2010 at 10:56am by Michell
Math
One-ninth of Polymer Plastics sales are made in New England. If New England sales amount to $600,000, what are the total sales of the company?
Wednesday, May 1, 2013 at 5:15pm by Erica
business math
One-ninth of Polymer Plasticsâ sales are made in New England. If New England sales amount to $600,000, what are the total sales of the company? (P
Sunday, May 5, 2013 at 9:46am by kendrick
Business
Using the financial statements for the Goodyear Calendar Company, calculate the 13 basic ratios found in the chapter. GOODYEAR CALENDAR COMPANY Balance Sheet December 31, 2008 Assets Current assets: Cash...
Monday, November 9, 2009 at 7:44pm by Jeff
business math
One-ninth of Polymer Plastics sales are made in New England. If New England sales amount to $600,000, what are the total sales of the company? (Points : 2)
Sunday, April 28, 2013 at 10:01pm by john
MARKETING
8. Net-4-You is an Internet Service Provider that charges its 1 million customers $19.95 per month for its service. The company's variable costs are $.50 per customer per month. In addition, the company spends $.50 per month per customer. or $6 million annually, on a ...
Saturday, May 8, 2010 at 12:19am by BABI
MSU
Shirts Unlimited operates a chain of shirt stores that carry many styles of shirts that are all sold at the same price. To encourage sales personnel to be aggressive in their sales efforts, the company pays a substantial sales commission on each shirt sold. Sales personnel ...
Wednesday, November 14, 2012 at 12:53am by Sam
accounting
E15-7 Bennis Company has the following comparative balance sheet data. BENNIS COMPANY Balance Sheets December 31 2009 2008 Cash $ 15,000 $ 30,000 Receivables (net) 70,000 60,000 Inventories 60,000 50,000 Plant assets (net) 200,000 180,000 $345,000 $320,000 Accounts payable $...
Sunday, June 10, 2012 at 10:39pm by bren
accounting
Part 5 Cash Budgeting Landis Company has the following sales forecasts for the selected three-month period in the current year: Month Sales April $12,000 May 7,000 June 8,000 Seventy percent of sales are collected in the month of the sale, and the remaining balance is ...
Sunday, March 25, 2012 at 7:38pm by beth
accounting
On October 31, a flood at Payne Companys only warehouse caused severe damage to its entire inventory. Based on recent history, Payne has a gross profit of 25 percent of net sales. The following information is available from Paynes records for the 10 months ended ...
Wednesday, January 21, 2009 at 12:11am by Anonymous
Finance
If sales grew 20% from 10,000,000 to 12,000,000 and the discresinary financing needs is 500,000. What percent of sales grown would be needed to equal a DFN of zero.
Wednesday, March 31, 2010 at 11:53pm by Amie
Finance
If sales grew 20% from 10,000,000 to 12,000,000 and the discresinary financing needs is 500,000. What percent of sales grown would be needed to equal a DFN of zero.
Wednesday, March 31, 2010 at 10:24pm by gregory
business
Using the financial statements for the Goodyear Calendar Company, calculate the 13 basic ratios found in the chapter. December 31, 2008 Assets Current assets: Cash . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 40,000 Marketable ...
Monday, November 9, 2009 at 6:51pm by jeff
Accounting
Hello I am not angry with you at all, however is there any way possible that you can help me with these two problems and we can call it even? Just let me know I am not trying to get over, however my computer had crashed and I am behind in class I purchased me a new laptop a ...
Friday, August 10, 2012 at 2:37pm by Johniece McCoy
Excel
How do I write an IF formula for the following statements? **Julys budgeted expenses are based on the differences between the budgeted and actual expenses for June stored in column D. Julys budgeted expenses will be the same as those for June when the difference is...
Sunday, December 13, 2009 at 12:10pm by Kristen
accounting
Revenues revenue $7,000.00 Total revenue $7,000.00 Expenses Supplies expense $1,000.00 Gas and oil expense $600.00 Utilities expense $300.00 Wage expense $1,400.00 Advertising expense $400.00 Total expenses $3,700.00 Net income $3,300.00 Retained earnings statement R/E as of 6...
Friday, September 3, 2010 at 3:14pm by Anonymous
computers/excel
How do I write an IF formula for the following statements? **Julys budgeted expenses are based on the differences between the budgeted and actual expenses for June stored in column D. Julys budgeted expenses will be the same as those for June when the difference is...
Saturday, December 12, 2009 at 8:14pm by Kristen
ACCOUNTING (Advance Sales)
Hi: I am unsure of how to adjust Advance Sales. For Year End, DEC 31, 2011. If my Unadjusted Balance for advance sales is $324,000 and I am told the following: 75% of the balance in Advance Sales is for garments to be made and delivered in 2012; the remaining 25% is from sales...
Sunday, January 27, 2013 at 8:00pm by Anon
finance
Shamroll inc. is a household products frim that is considering developing a new detergent. In evaluationg whether to go ahead with the new detergent project, which of the following statements is most correct? A) The company will produce the detergent in a building that they ...
Saturday, April 16, 2011 at 2:11pm by savin1
Managerial Acct
The owners have invested $2,000,000 in the company and feel that they should be earning at least 2% per month on these funds. If the absorption costing approach to pricing were used, what would be the target selling price based on the current sales of 50,000 units? What do you...
Sunday, January 23, 2011 at 1:27am by Cedreana
Accounting
The following are all of the accounts of Mean Green Company that have a balance at the end of August, the company's first month of operation: Accounts receivable $11,000 Cash $10,100 Equipment 39,700 Advertising expense 3,000 Service revenues earned 32,000 Accounts payable...
Sunday, April 25, 2010 at 1:19pm by Anonymous
finance
a. Mike Epstein is very optimistic because sales for his feed store are expected to double from $800,000 to $1,600,000 next year. His net assets (Assets Liabilities) will remain at 50% of sales. The company will enjoy a 10 percent return on total sales. He will start ...
Monday, April 12, 2010 at 9:26pm by Mesha
accountyin question
how does one prepare a pro forma income with different assumptions given the numbers for current year sales revenue 2,000,000 Cost of goods sold 1,400,000 Gross profit 600,000 Selling & admin.expenses 260,000 Net income 340,000 Cost of goods sold is usually 70% of sale ...
Sunday, November 18, 2012 at 11:05pm by irene thomas
Polynomials
3. In 2002, Home Depots sales amounted to $58,200,000,000. In 2006, its sales were $90,800,000,000 a. Write Home Depot's 2002 sales and 2006 sales in scientific notation.
Wednesday, September 1, 2010 at 12:26pm by Sharon
Accounting
I am having difficulties with the accounting problem below Roland Andersson is the manager of the Ekland Division of Ystad Industries. He is one of several managers being considered for position of CEO, as the current CEO is retiring in a year. All divisions use standard ...
Saturday, February 18, 2012 at 10:39am by Del
College Math
Sales at a computer retail store were $1,000,000 in 1982 and $1,790,000 in 1987 let x=0 represent 1982 find the equation giving year sales. estimate sales in 1990. Could you guys help me with this.
Friday, September 9, 2011 at 5:31pm by HM
College Math
Sales at a computer retail store were $1,000,000 in 1982 and $1,790,000 in 1987 let x=0 represent 1982 find the equation giving year sales. estimate sales in 1990. Could you guys help me with this.
Friday, September 9, 2011 at 1:03pm by HM
statistic
Which "average" would be best to use in the following situation? The accountant for a small company is asked to determine the average salary of its employees. The company is owned by two brothers who each make over $300,000 per year. The accountant makes $80,000 per ...
Thursday, July 12, 2012 at 8:55pm by bria
math
company A:1/5 company B:4/25 company C:2/5 company D:3/20 Question:What fraction of the U.S sales did Company C and Company B hold together?
Saturday, January 2, 2010 at 6:32pm by kaitelyn
Accounting
Assume that Hickory Company has the following data related to its accounts receivable: 2005 Net Sales $ 1,425,000 Net receivables Beginning of year 375,000 End of year 420,000 2006 Net Sales $ 1,650,000 Net receivables Beginning of year 333,500 End of year 375,000 Use the data...
Sunday, February 25, 2007 at 1:35am by Denise
accounting
Credit Policy Review The president, vice president, and sales manager of Moorer Corporation were discussing the companys present credit policy. The sales manager suggested that potential sales were being lost to competitors because of Moorer Corporations tight ...
Thursday, August 9, 2007 at 1:38pm by Damon
Accounting
1. Using the high-low method, estimate the linear relationship y = a + bX, where y is the total annual operating cost of a helicopter and X is the number of round-trips it makes to JFK airport during the year. When x = 1000, y = $300*1000 = $300,000 When x = 2000, y = $250*...
Sunday, June 15, 2008 at 9:25pm by Shanika
Accounting
Margin of safety is based on current sales, 5000. break even: n*500-n*300-800,000=0 2OON=800,000 n=4000 net income: 500n-300n-800,000=400,000 200n=1.2Million n= 6000 units to net 400,000
Friday, August 20, 2010 at 1:14pm by bobpursley
math
Information related to Hermesch Company for 2011 is summarized below. Total credit sales $2,200,000 Accounts receivable at December 31 825,000 Bad debts written off 33,000 What amount of bad debts expense will Hermesch Company report if it uses the direct writeoff method of ...
Monday, November 1, 2010 at 10:38pm by vivian
Math
These are my steps but I don't think I did it the right way. 1,300,000 ^ 18.6% of ? 18.6/100 = 1,300,000/x 18.6x = 1,300,000 x 100 18.6x = 1,300,000 x = 1,300,000/ 18.6 I guess this is the part were I get stuck....
Monday, December 8, 2008 at 4:54pm by Lisa
marketing
1.A store has fixed costs of 80,000 and an avarage gross margin of 26%. Variable expenses are estimated to be 6% of sales. a.calculate the break-even sales volume. b.calculate the profit/losses for sales of 300,000 I got the formulas: unit contribution= price - variable costs ...
Tuesday, March 25, 2008 at 12:39am by bri
accounting
Baldwin Products Company anticipates reaching a sales level of $6 million in one year. The company expects net income during the next year to equal $400,000. Over the past several years, the company has been paying $50,000 in dividends to its stockholders. The company expects ...
Wednesday, July 30, 2008 at 8:30pm by Anonymous
managerial accounting
Werntz furniture had actual sales for July and august and forecasted sales for September, October, November and December as follows: Actual: July
...
Monday, October 17, 2011 at 11:18am by mz nailz
finance 200
I really do not understand how to do this or set this up. Can you please help me? Pro Forma Statements a. Mike Epstein is very optimistic because sales for his feed store are expected to double from $800,000 to $1,600,000 next year. His net assets (Assets Liabilities) ...
Thursday, April 8, 2010 at 1:38pm by annonomous
Business Finance
ABC and XYZ Companies have the following sales, variable cost, and fixed cost. If sales increase by $10,000 at each company, then:
Sunday, October 30, 2011 at 10:37pm by johnny Ray
Pages: 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | Next>>
For Further Reading