Answer:
The amount of sales that will be necessary to earn the desired profit is 16000 units
Explanation:
To get the amount of sales to earn $10000, we make the following equation.
Profit =Sales -variable cost-fixed cost
Profit=10000
Sales=$5.00x
Variable cost= $2.50x
Fixed cost=$30,000
Replacing,
10000=5x-2.5x-30000
10000+30000=2.5x
x=40000/2.5
x=16000
Answer:
a. 5 years
b. Yes they will because the payback period is 5 years.
Explanation:
a. Payback period
First calculate the annual cash inflow:
= Net income + Depreciation
= 66,500 + 28,500
= $95,000
The investment cost was $475,000
Payback period = Investment cost / Annual cash inflow
= 475,000 / 95,000
= 5 years
b. The company will purchase the games because they have a payback period of 5 years.
Sounds like she needs a meeting with her supervisor and hr director. Any privilege of being paid comes with responsibility to the job role and team members, where she'll be held accountable for her deliverables by her boss.
Answer:
$37,100
Explanation:
The computation of the adjustment made to Allowance for Doubtful Accounts is shown below:
= Ending account receivable balance × uncollectible percentage - credit balance of Allowance for Doubtful Accounts + written off amount
= $235,000 × 10% - $22,300 + $35,900
= $23,500 - $22,300 + $35,900
= $37,100
We simply applied the above formula so that the adjustment amount could arrive
