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mrs_skeptik [129]

3 years ago

11

Companies can use _____ analysis to predict income based on various changes in fixed or variable costs, selling price and volume

. multiple choice income sales CVP margin of safety

1 answer:

Marina86 [1]3 years ago

4 0

Answer:

Constant or fixed cost

Explanation:

because companies are always set fixed money to their customers

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Thorkfeld Company incurred depreciation expenses of $28,900 last year. The sales were $755,000 and the addition to retained earn

blondinia [14]

Answer:

Cost of Goods Sold is = $697213.44

Explanation:

given data

depreciation expenses = $28,900

sales = $755,000

retained earnings = $10,200

paid interest = $6,200

dividends = $5,000

tax rate = 33 percent

solution

first we get here EBIT that is express as here

EBIT = Earnings for equity holders + Tax + Interest ...............1

Earnings for equity holders = Dividend Paid + retained earnings

Earnings for equity holders = $5,000 + $10,200 = $15200

here Tax is = $\frac{15200}{67}$ × 33 = 7486.56

so here EBIT = $15200 + $7486.56 + $6,200

EBIT = $28886.56

so Cost of Goods Sold is = sales - depreciation - EBIT ..................2

Cost of Goods Sold is = $755,000 - $28,900 - $28886.56

Cost of Goods Sold is = $697213.44

3 0

3 years ago

A goal taking which of these lengths of time to achieve is most likely to be a

Deffense [45]

Answer:

5 years

Explanation:

5 years is long term hope this helps

5 0

3 years ago

Read 2 more answers

Cave Hardware's forecasted sales for April; May; June; and July are $ 200,000; $ 210,000; $ 150,000; and $ 240,000; respe

Dafna1 [17]

Answer:

The balance of account payable for month of June would be $94,128

Explanation:

Here for taking out the amount account payable for month of June , we will need to have Purchases for the month of June and as it is told that 74% of the inventory purchased would be paid in the following month, it means that the inventory that was purchased in May , 74% of it would be paid in June , so therefore the 74% of purchases would be the account payable for month of June.

First we would have to take out purchases and for that we will use equation of -

<u>Cost of goods sold + ending inventory - opening inventory (for June)</u>

COST OF GOODS SOLD =

$150,000 X 80%

= $120,000

ENDING INVENTORY =

$75,000 + 10% OF COST OF GOODS SOLD OF JULY

= $75,000 + 10% X [ 80% X $240,000 ]

= $75,000 + 10% X 192,000

= $75,000 + $19,200

= $94,200

OPENING INVENTORY =

$75,000 + $120,000 X 10%

= $75,000 + $12,000

= $87,000

Now putting all these values in equations top take out purchases-

=$120,000 + $94,200 - $87,000

= $127,200

PURCHASES = $127,200

ACCOUNT PAYABLE = PURCHASES X 74%

= $127,200 X 74%

= $94,128

3 0

3 years ago

Due to the rise of large-scale production, the influx of peasants to urban areas to find work, and the development of a system o

Strike441 [17]

Answer:

Barter system

Explanation:

Barter system - it is system of exchanging the good and service with others good and service in that return. the main point to note in this is that medium of offering services and goods is ignored i.e. money.

these type of system is used in society from centuries and long time back before money was introduced.

8 0

3 years ago

How might the government regulations affect a small family restaurant

raketka [301]

Explanation:

regulations are significance]factor that could prevent from our restaurant from growing it also involved rule makingfind child labor

7 0

3 years ago