Answer:
$186,900
Explanation:
The gross profit is the difference between the sales revenue and the cost of good sold. The gross profit percentage is the ratio of gross profit to net sales expressed as a percentage.
As such, the net operating income/loss is the difference between the sales and the total costs
.
To get the net income, we would first get the gross income.
Gross income
= $730,000 - (40% * $730,000)
= $438,000
Next we must compute the net income before tax. This is the difference between the gross income and the operating expenses
= $438,000 - $90,000 - $81,000
= $267,000
Income tax expense = 30% * $267,000
= $80,100
budgeted net income for 2018
= $267,000 - $80,100
= $186,900
Answer:
B) False
Explanation:
Under the cost benefit analysis a statement is prepared in order to compute the financial aspects of the transaction.
This clearly provides for the estimate to be made towards all the transactions.
But there is a problem in such analysis that exact estimate or even nearby estimate in terms of amount is not feasible to be computed of benefits and cost as well.
And significantly all the benefits can not be traced monetarily.
Answer:
b. $5m
Explanation:
If we purchase another company for $50m and the company you purchase has assets with a fair value of $75m and liabilities with a fair value of $30m. The amount of goodwill we should record in this transaction is: $5m
Goodwill upon acquisition of companies is derived by subtracting the fair value of NET ASSETS from the TOTAL CONSIDERATION (i.e the price paid to acquire the company)
In the scenario, the value of Net Assets is the value of the fairvalue of the assets less the fair value of the liabilities which is $75 - $30 = $45
While the Total Consideration = $50
Therefore Goodwill = $50m - $45m = $5m
Answer:
less than $1 million.
Explanation:
According to my research, I can say that based on the information provided within the question this next change is likely to save less than $1 million. We can predict this since the first change saved $1 million but was a reduction of 3%, the second change is a reduction of 2% so it will most likely not reach 1$ million in savings
I hope this answered your question. If you have any more questions feel free to ask away at Brainly.
Answer:
both the Width and Length of the base are equal to 55.125 ft
Explanation:
Based on the information provided by the question we know that the width is equal to the length, therefore the base of the Washington Monument is a Square. The Perimeter of a Square is equal to the addition of all four sides (length and width).
Therefore since we know that the perimeter is 220.5 and all 4 sides are equal then we can <em>divide</em> the perimeter by 4 in order to know the size of the the sides
220.5 / 4 = 55.125 ft
Finally we can see that both the Width and Length of the base are equal to 55.125 ft
