Business, 24.09.2020 14:01 fashionblogger28
A manufacturer of tiling grout has supplied the following data: Kilograms produced and sold 300,000 Sales revenue $ 1,950,000 Variable manufacturing expense $ 960,000 Fixed manufacturing expense $ 266,000 Variable selling and administrative expense $ 360,000 Fixed selling and administrative expense $ 232,000 Net operating income $ 132,000 The company's break-even in unit sales is closest to:
Answers: 1
Business, 21.06.2019 21:00
You have just been hired as a financial analyst for barrington industries. unfortunately, company headquarters (where all of the firm's records are kept) has been destroyed by fire. so, your first job will be to recreate the firm's cash flow statement for the year just ended. the firm had $100,000 in the bank at the end of the prior year, and its working capital accounts except cash remained constant during the year. it earned $5 million in net income during the year but paid $800,000 in dividends to common shareholders. throughout the year, the firm purchased $5.5 million of machinery that was needed for a new project. you have just spoken to the firm's accountants and learned that annual depreciation expense for the year is $450,000; however, the purchase price for the machinery represents additions to property, plant, and equipment before depreciation. finally, you have determined that the only financing done by the firm was to issue long-term debt of $1 million at a 6% interest rate. what was the firm's end- of-year cash balance? recreate the firm's cash flow statement to arrive at your answer
Answers: 1
Business, 22.06.2019 16:40
Shawn received an e-mail offering a great deal on music, movie, and game downloads. he has never heard of the company, and the e-mail address and company name do not match. what should shawn do?
Answers: 2
Business, 23.06.2019 05:30
What is a potential negative effect of an expansionary policy? decreased borrowing increased interest rates increased inflation decreased available credit
Answers: 1
A manufacturer of tiling grout has supplied the following data: Kilograms produced and sold 300,000...
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