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ivolga24 [154]
4 years ago
9

A candy maker sold 20 million bars last year for $1 each. It employed 200 employees earning $50K/yr. The total machine (capital)

depreciation last year to make bars was $5M.) It also has overhead of $5M/year. Each bar that is sold requires 25 cents of ingredients. How much revenue did the company earn last year? (in millions of dollars. for example, if it's $40M, enter 40) *
Business
1 answer:
AfilCa [17]4 years ago
4 0

Answer:

Revenue -$5 M

Explanation:

Below you will find the financial statement with the corresponding information:

Total income  20.000.000

(Salaries)        (-10.000.000) ----> 200 employees, each one earning 50k/year

(Depreciation) (-5.000.000)

(Overhead)      (-5.000.000)

(prod. costs)    (-5.000.000) -----> 0.25 per unit x 20.000.000 units sold

----------------------------------

Net Revenue  (-5.000.000)

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A 4-year project has an annual operating cash flow of $48,000. At the beginning of the project, $3,900 in net working capital wa
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Answer:

The Year 4 cash flow is $33,348.

Explanation:

The Year 4 is the last year of the project.

In this year we have:

- Income: +$48,000.

- Working capital recovery: +$3,900

- Equipment sale: +$5,460

- Equipment book value: -$4,380

To calculate the tax, we apply the tax rate to the income and to the sale profit (difference between the market value and the book value of the equipment):

Tax=0.40*[48,000+(5,460-4,380)]\\\\Tax=0.40*(48,000+1,080)\\\\Tax=0.40*49,080=19,632

- Tax: -$19,632

Then, we can calculate the Year 4 cash flow:

CF_4=48,000+3,900+5,460-4,380-19,632=33,348  

4 0
4 years ago
Which of the following statements is not true about shareholders?
s2008m [1.1K]

Answer:

They own equal shares of company assets.

Explanation:

The statement above is false because shareholders can own vastly different amounts of shares.

For example, a group of 2 people and 5 companies own over 50% of the shares of Alphabet (the corporation that owns Google), giving this small group of people the voting power to take decisions during assemblies.

Meanwhile, thousands of investors also own a small number of shares of Alphabet because it is a publicly traded company, but these small investors have essentially no voting power.

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3 years ago
you look at real estate ads for houses in naples, florida. there are many houses ranging from $200,000 to $500,000 in price. the
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Right-skewed with potential outliers.

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2 years ago
For this question, use the Grove Analytics Financials. Calculate 2018 cash from financing activities for Grove Analytics. Hint:
PIT_PIT [208]

Answer: -36

Explanation:

The 2018 cash from financing activities for Grove Analytics will be calculated as:

Issued short term debt = 22 - 20 = 2

Add: Issued long term debt = 60 - 48 = 12

Less: Purchase of treasury stock = 10

Add: Issue of common stock = (40 - 13 - 25) = 2

Less: Dividend paid = (44 + 93 - 95) = 42

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7 0
3 years ago
Consider a product with a daily demand of 400 units, a setup cost per production run of $100, a holding cost per unit of $24.00,
Sedaia [141]

Answer:

a 1,560 units

b 780 units

c 390 units

d $18,720

e $9,360

Explanation:

Given that;

Production = 292,000

Daily demand , d = 400

Annual demand , D = 400 × 365 = 146,000

Production rate , P = 292,000 ÷ 365 = 800

Set up cost , Cs = $100

Holding cost , Ch = $24

a. What is the production order quantity

= √2 * D * Cs / CH × (p / p - d)

= √ 2 * 146,000 * 100/24 × (800/800-400)

= √1216666.6667 × 2

= √2433333.3334

= 1559.91

=1,560 units approximated.

b. What is the maximum inventory on hand

= EPQ × [ 1 - (d÷p) ]

= 1,560 × [ 1 - (400 ÷ 800) ]

= 1,560 × 0.5

= 780 units

c. What is the average inventory

= Maximum inventory ÷ 2

= 780 ÷ 2

= 390 units

d. What are the total holding costs

= EOQ/2 * Holding cost

= 1,560/2 * 24

= 780 *24

= $18,720

e. What does it cost to manage the inventory

= Holding cost * (Maximum inventory ÷ 2)

= 24 * (780 ÷ 2)

= 24 * 390

= $9,360

8 0
3 years ago
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