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mario62 [17]
3 years ago
10

8. Hebner Housing Corporation has forecast the following numbers for this upcoming year: Sales $1,000,000 Cost of Goods Sold 600

,000 Interest Expense 100,000 Net Income 180,000 The company is in the 40 percent tax bracket. Its cost of goods sold always represents 60 percent of its sales. The company’s CEO is unhappy with the forecast and wants the firm to achieve a net income equal to $300,000. Assume that Hebner’s interest expense remains constant. In order to achieve this level of net income, what level of sales will the company have to achieve?

Business
1 answer:
lions [1.4K]3 years ago
8 0

Answer:

Sales = 12,50,000

Explanation:

Detailed steps are given below

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Fred is on trial for robbing Sam's Electronics. The prosecution alleges that Fred broke into the warehouse behind the store and
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Answer:

a. Show her the list and then take it away and have her testify from her 'refreshed recollection.'

Explanation:

In the given scenario Gloria testifies that when she came to work the day after the robbery, she noticed that large amounts of inventory were missing. She spent the entire day cataloguing the missing items.

In the trial she said she can remember what was stolen.

Under rule 612 the prosecutor is allowed to.show her the list and them take it away. Gloria can now testify from her refreshed memory.

On the other hand if she said she could recall the items the prosecutor would have under the hearsay exception (rule 803 (5)) requested she state the missing items.

But in this case she said she cannot recall the items

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3 years ago
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Answer:

Q=120−4P

Explanation:

putting P = 20 we get

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we know that elasticity is quantity demanded / price  

20

40

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Omni Corporation's accumulated depreciation—equipment account increased by $5,300, while $3,400 of patent amortization was recog
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Answer:

Cashflow from Operating Activities

Net Income                                                                 $120,400

Adjastment for Non-Cash Items

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Amortization                                                                   $3,400

Adjastments of Items appearing elsewhere

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Explanation:

Net Income is reconciled in the cashflow statement via the indirect method. Its is adjasted for Non-Cash Items, Items appearing elsewhere in the cashflow statement and Working Capital Movements

8 0
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Answer:

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Explanation:

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Answer:

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