70‚000 units 80‚000 units 90‚000 units Sales $1‚400‚000 $1‚600‚000 $1‚800‚000 Cost of goods sold 840‚000 960‚000 1‚080‚000 Gross profit on sales $560‚000 $640‚000 $720‚000 Operating expenses ($90‚000 fixed) 370‚000 410‚000 450‚000 Operating income $190‚000 $230‚000 $270‚000 Income taxes (30% of operating income) 57‚000 69‚000 81‚000 Net income $133‚000 $161‚000 $189‚000 Assume that the cost of goods sold and variable operating expenses vary directly with sales and the income taxes remain
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Name ACC 206 Principles of Accounting II Analysis instructor March 25‚ 2012 PART-1 ABC Company has an annual sale of $1.2 million being a very predominant reliable company that would be fruitful‚ and having an increase in sales of 25% from the year prior. There is a possibility of successful growth of three million annual sales in the next three years of business. Being that the company is growing rapidly they should take the adequate steps to propertyanalysis the present
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Case (in the Bel-Jean handout packet or under the Course Materials tab‚ in the Week 1 folder). 3) Do 2-20 (the cost object is the entire product line‚ not the individual car). (75 min.) Cost Terms and Purposes Handout – Chapter 2 Learning Objectives HDR 2 (pp. 26-37) Two Articles – Where Toyota Went Wrong; Toyota Is Changing How it Develops Cars (Classify the activities and costs discussed in these articles in Toyota’s value chain. How has Toyota shifted emphasis across the elements of its
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90 Average load factor (percentage of seats filled) 70% Average full passenger fare $ 160 Average variable cost per passenger $ 70 Fixed operating cost per month $3‚150‚000 a. What is the break-even point in passengers and revenues per month? b. What is the break-even point in number of passenger train
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competitors.(1) Debt to total assets ratio.(2) Times interest earned.(3) Cash debt coverage ratio.(4) Free cash flow.(c) Compute the following profitability ratios for the two companies and comment on the relative profitability of the two competitors.(1) Profit margin.(2) Asset turnover.(3) Return on assets.(4) Return on common stockholders’ equity. (a) Liquidity Ratios Coca-Cola PepsiCo (1) Current ratio .92:1 ($12‚105 ÷
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CHAPTER ONE PRINCIPLES OF PERSONNEL MANAGEMENT HUMAN RESOURCE DEPARTMENT AND ITS BASIC FUNCTIONS For any organization‚ staff or men power is the most valuable asset.. In the modern age where computers and information technology have brought revolutionary changes in the progress and performance‚ human resource factor’s importance has become imperative. Many years ago large organizations had no separate department for staff matters and Personnel & Admin Department was doing the job. But recently
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Performance Activity 37: Conduct a performance assessment‚ or grade papers‚ or quizzes‚ etc. Write about this experience in your journal. I conduct part of the silent reading section of the Basic Reading Inventory‚ BRI‚ with Gabi. Since today was an early release day‚ I only had twenty-eight minutes with Gabi‚ which we didn’t have time to continue with this section of the BRI. On Wednesday‚ I will have to continue to administrator the silent reading section until she is at a frustration level. In
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is $72‚000. Calculate accounting profits and economic profits for Gomez’s pottery. Explicit costs: $37‚000 (= $12‚000 for the helper + $5‚000 of rent + $20‚000 of materials). Implicit costs: $22‚000 (= $4‚000 of forgone interest + $15‚000 of forgone salary + $3‚000 of entreprenuership). Accounting profit = $35‚000 (= $72‚000 of revenue - $37‚000 of explicit costs); Economic profit = $13‚000 (= $72‚000 - $37‚000 of explicit costs - $22‚000 of implicit costs). 8-4 (Key Question) Complete
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TYPES OF COSTS Introduction :-Production is the result of services rendered by various factors of production.The producer or firm has to make payments for this factor services. From the point of view of the factor inputs it is called ‘factor income’ while for the firm it is ‘factor payment’‚ or cost of inputs.Generally‚ the term cost of production refers to the ‘money expenses’ incurredin the production of a commodity. But money expenses are not the only expensesincurred on the production
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------------------------------------------------- IKEA’s Global Strategy Swedish company IKEA was the world’s largest furniture retailer since the early 1990s. It sold inexpensive furniture of Scandinavian design. The company operated in 55 countries with a workforce of 76‚000 (the company referred to its workforce as its ’co-workers’). IKEA offered nearly 12‚000 items to the home furnishings market worldwide. It sold a wide range of products including furniture‚ accessories‚ bathrooms and kitchens at 186 retail stores in 30 countries
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