Answer:
$189,700
Explanation:
The computation of budgeted net income is shown below:-
Calgary Industries
Budgeted Income Statement
(For the year- 2018)
Sales $740,000
Less:- Cost of Goods Sold $296,000
($740,000 × 40%)
Gross income $444,000
Selling Expenses $82,000
General & administrative
Expenses (including $24,000
depreciation $91,000
Profit from Operations $271,000
Less:- Income Tax (30%) $81,300
($271,000 × 30%)
Net income $189,700
Therefore the budgeted net income for 2018 is $189,700
Answer:
Instructions are below.
Explanation:
Giving the following information:
Sunland Company estimates that variable costs will be 60.00% of sales.
Fixed costs= $632,000
The selling price of the product is $5.
<u>First, we need to calculate the unitary variable cost:</u>
Unitary variable cost= 5*0.6= $3
<u>Now, using the following formulas, we can determine the break-even point in units and dollars.</u>
Break-even point in units= fixed costs/ contribution margin per unit
Break-even point in units= 632,000 / (5 - 3)
Break-even point in units= 316,000 units
Break-even point (dollars)= fixed costs/ contribution margin ratio
Break-even point (dollars)= 632,000 / (2/5)
Break-even point (dollars)= $1,580,000
Answer:
proof read .................
Answer:
chicks, chickens feed, roosting perches
Explanation:
chicks, chickens feed, roosting perches are the necessary capital investments for starting a free-range poultry farm.As the capital investment means funds or thing require to start any business so for poultry form chicks, chickens feed, roosting perches are most necessary thing.
Answer:
The correct answer is:
If ROI is used to measure performance, an investment center manager can reject a profitable investment opportunity whose rate of return is higher than the company's required rate of return but is less than the current ROI of the company, business.
The residual income approach overcomes this because any situation like this, will result in residual income.
Explanation:
ROI (Return On Investment) is the economic value generated as a result of the performance of different marketing activities. With this data, we can measure the return we have obtained from an investment.
One of the most important things to keep in mind when we carry out an Inbound Marketing strategy is to check your results and measure your profitability.
ROI is very useful to evaluate this profitability. It becomes the relationship between marketing investment and the benefits generated, whether direct sales or obtaining potential customers.
Calculating the ROI is essential to make the decision of future investments. We will have the information we need to evaluate which projects are more profitable. In addition, they mark the path we have to follow in the future.
Investment risk decision making requires knowing the probability distribution of the cash flows of each project. However, this is not enough when it comes to choosing between different alternative projects. Thus, the final decision may be different for each individual investor depending on the profitability-risk combination that is considered most appropriate. This implies the need to complete the above information by considering the investor's attitude towards risk.