Answer: $230,000
Explanation:
Gross profit to be earned from project:
= Construction price - cost of construction
= 6,000,000 - 5,500,000
= $500,000
Percentage of costs incurred in 2017:
= 2,530,000 / 5,500,000 * 100%
= 46%
The Gross profit for 2017 is therefore:
= Percentage of cost incurred * total gross profit
= 46% * 500,000
= $230,000
Answer:
80%
Explanation:
For computing the return on investment first we have to need the following calculations
New contribution margin = Old contribution margin + increase in contribution margin
= $260,000 + $30,000
= $290,000
And,
Net Income = Contribution margin - Total direct fixed costs
= $290,000 - $90,000
= $200,000
ROI = Net income ÷ average operating assets
= $200,000 ÷ $250,000
= 80%
I believe the answer is C
Answer:
$23,950
Explanation:
Income $100,000
Expenses $75,000
Depreciation $22,000
income tax rate = 35%
Income $100,000
Expenses ($75,000)
Depreciation ($22,000)
EBT $3,000
Income Tax $3,000 * (35/100) = $1,050
Net Income $1,950
ATCF
=Earnings Before Tax + Depreciation
=$1,950 + $22,000 = $23,950