Answer:
Year 1
Incremental earnings = EBIT * ( 1 - Tax)
EBIT = Revenue - Operating expense - Depreciation
= 121.6 - 37.7 - 26.6
= $57.3 million
Incremental earnings = 57.3 * ( 1 - 35%)
= $37.245 million
Year 2
EBIT = 169.3 - 50.4 - 28.2
= $90.7 million
Incremetal earnings = 90.7 * (1 - 35%)
= $58.955 million
Answer:
Business plan necessary because:
•It make you aware of your strength or weakness.
•It also creates an effective strategy for growth.
•It helps to determine your future financial needs.
•It also helps to gain a deep understanding of your market.
January February
Opening Cash Balance 47000 290700
Add: Collection from Customer 331800 378100
Collection of Notes Receivable 18000
Proceeds of Sale of Security 5400
Less: Payments for Purchases 106100 141100
Cash Dividend 12700
Cash Balance 290700 520400
This statement is <u>false </u> .
What is Sales Revenue ?
A company's sales revenue is the income it receives from the selling of goods or the provision of services. The phrases "sales" and "revenue" in accounting can and frequently are used interchangeably to signify the same thing. It is vital to understand that revenue does not always imply cash received. A portion of sales revenue may be paid in cash, while another portion may be paid on credit via accounts receivable.
On the income statement, sales revenue can be shown as either gross revenue or net revenue. Net revenue includes all deductions for products returned, the potential of undelivered merchandise, and the expense for uncollectible accounts receivable (sometimes known as "bad debt expense").
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Answer:
c. the benefits derived from training relative to the costs incurred.
Explanation:
The word "utility" is a reference to the benefits of a project or proposal in relation to the monetary costs involved in carrying out this project. In other words, the benefits an individual will earn from the project will be proportional to the amount that the individual will pay to participate in the project.
