What makes this business IM inappropriate?

Use the following information of VPI Co. to prepare a statement of cash flows for the year ended December 31 using the indirect

Ann [662]

god help you with this homework

8 0

2 years ago

What does the owner of a miniature golf business provide her customers with?

N76 [4]

Answer:

golf clubs

Explanation:

4 0

2 years ago

Perez Company reported the following data regarding the product it sells: Sales price $ 56 Contribution margin ratio 25 % Fixed

suter [353]

Answer:

Contribution margin ratio = 1 - variable cost ratio

= 25%

(a) $Break\ even\ in\ dollars=\frac{fixed\ costs}{contribution\ margin}$

$Break\ even\ in\ dollars=\frac{350,000}{0.25}$

= 1,400,000

$Break\ even\ in\ units=\frac{Break\ even\ in\ dollars}{sales\ price}$

$Break\ even\ in\ units=\frac{1,400,000}{56}$

= 25,000

(b) For profit of $42,000,

$sales=\frac{Profit+fixed\ cost}{contribution\ margin\ ratio}$

$sales=\frac{42,000+350,000}{0.25}$

= 1,568,000

$In\ units=\frac{sales}{sales\ price}$

$In\ units=\frac{1,568,000}{56}$

= 28,000

(c) variable cost = sales price × variable cost ratio

= $56 × 75%

= $42

New contribution margin = $\frac{New\ sales\ price-variable\ cost}{New\ sales\ price}$

New contribution margin = $\frac{70-42}{70}$

= 0.4

= 40%

$New\ Break\ even\ in\ dollars=\frac{fixed\ costs}{contribution\ margin}$

$New\ Break\ even\ in\ dollars=\frac{350,000}{0.4}$

= $875,000

$New\ Break\ even\ in\ units=\frac{New\ Break\ even\ in\ dollars}{New\ sales\ price}$

$New\ Break\ even\ in\ units=\frac{875,000}{70}$

= 12,500

3 0

2 years ago

What is likely to lead to a decrease in the price of a company's stock?

rodikova [14]

If the company's annual profits decrease (the amount of cash they make per year) then that would lead to a decrease in the price of a company's stock.

4 0

2 years ago

I am having trouble in personal finance and need to learn how to figure out S=P(1+rt) and P=S(1+rt). Can someone assist me in le

NNADVOKAT [17]

A=p(1+rt)
A=future value
P=present value
R=interest rate
T=time
If you want to find present value
P=A/(1+rt)
If you want to find interest rate
R=[(A/p)-1]divided by t
Finally if you want to find time
T=[(A/p)-1]divided by r

7 0

3 years ago