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-Dominant- [34]
3 years ago
11

A proposed new investment has projected sales of $557,000. Variable costs are 39 percent of sales, and fixed costs are $131,000;

depreciation is $51,000. Prepare a pro forma income statement assuming a tax rate of 24 percent. What is the projected net income? (Input all amounts as positive values. Do not round intermediate calculations.)

Business
1 answer:
Lana71 [14]3 years ago
8 0

Answer

The answer and procedures of the exercise are attached in the following archives.

Explanation  

You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.  

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Education Planning: Suppose you have just had your first child and you want to begin saving for their college education. You est
luda_lava [24]

To obtain $225,000 in 18 years it is necessary to save or invest at least  1,041.66 every month and 12,500 every year.

We know the total money that needs to be saved to cover college education is $225,000 and the time to save up this money is 18 years. Based on these two details, let's find out how much you need to save every month and every year.

Total of months:

  • 12 months x 18 years = 216 months.

The total you need to save per month:

  • $225,000 / 216 = 1,041.66.

The total you need to save per year:

  • 1,041.66 x 12 = 12,499.99 that can be rounded as 12,500.

Note: This question seems to be incomplete; however, I answered it based on the information provided.

Learn more in: brainly.com/question/11508361

6 0
2 years ago
Factors such as the increasing number of women in the workforce and the growing number of older workers exemplify which force fo
Slav-nsk [51]

Answer:

The answer is Demographic Characteristics.

Explanation: Demographic Characteristics are data about a population which include qualities such as age, gender, race, religion, family status, occupation, education level, income, location, ethnicity, marital status, sexual orientation, health status, home ownership, etc.

These qualities are qualities outside an organization that it has no control over.

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3 years ago
LO 2.3Which of the following methods of cost estimation relies on only two data points?
denis23 [38]

Answer:

the high-low method

Explanation:

The high-low method -

It is the method used by comparing the total cost of the highest level of activity with the lowest level of activity , is referred to as the high - low method.  

This method is used in order to separate the fixed and variable costs for a limited amount of data .

Hence , this method compare the data of two points .

Therefore , the correct option from the given options is the high - low method.

7 0
3 years ago
Paul Rodriguez is the President of WV Railroad. His organization faces issues related to the environment, government regulation,
Ivanshal [37]

Paul Rodriguez who is the President of WV Railroad will need to rely primarily on his <u>Conceptual skills </u>to combat the challenges faced by his organization.

<h3>What are Conceptual Skills?</h3>

Conceptual skills refer to the competence and ability to see the overall organization, grasp how the various elements are interrelated, and analyze how the organization interacts with its external environment.

Conceptual skills also include the capacity to recognize and solve challenges. These abilities enable Presidents or managers of an organization to assess events and devise alternate strategies.

For Paul Rodriguez to combat the challenges faced by his organization, He needs to focus primarily on his conceptual skill as it gives him the ability to:

  • Make swift judgments. 
  • Think critically and
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Learn more about conceptual skills here:

brainly.com/question/4382381

3 0
2 years ago
The condition that results from society not having enough resources to produce all things people would like to have is known as
cricket20 [7]
The answer would be B. Scarcity
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3 years ago
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