2. Operating loss is 18.000 TL when sales revenue is 420.000 TL and operating income is...

2. Operating loss is 18.000 TL when sales revenue is 420.000 TL and operating income is 108.000 TL when sales revenue is 840.000 TL

By using information above, calculate:

a) Total fixed costs.

b) BEP in TL.

c) Contribution margin ratio.

d) Unit contribution margin if selling price is 300 TL per unit.

e) Operating profit when company sells 3,000 units (selling price is 300 TL per unit).

f) Sales revenue to earn 144.000 TL operating profit.

Expert Solution

Computation for all the questions have been attached below

ekkarill92 answered 2 years ago

Sales Revenue 54670000 Cash Operating C

Sales Revenue 54670000 Cash Operating Costs 47562900 Depreciation 3513000 Total Operating Costs 51075900 Operating Income EBIT 3594100 Interest Expenses 623000 Taxable Income 2971100 Taxes 1188440 Deferred Income 171500 Net Income 1611160 Using a Cash flow statement for the year, Explain how Greg would sum up the company’s cash position?

In general terms, net operating loss is a loss that results when a company’s expenses exceed...

In general terms, net operating loss is a loss that results when a company’s expenses exceed its income. Respond to the following in a minimum of 175 words: What are the tax implications of a net operating loss? For how long can an organization carry forward a net operating loss? Explain your reasoning.

2.When does absorption costing net operating income and variable costing net operating income require reconciliation? Explain...

2.When does absorption costing net operating income and variable costing net operating income require reconciliation? Explain different situations with appropriate reasons behind such changes.

The Internal Revenue Code allows a corporation to carry back or carry forward an “operating loss”...

The Internal Revenue Code allows a corporation to carry back or carry forward an “operating loss” for a given year. In your own words define an operating loss carryback and a carryforward explaining the conceptual questions that surround these issues.

The Internal Revenue Code allows a corporation to carry back or carry forward an “operating loss”...

The Internal Revenue Code allows a corporation to carry back or carry forward an “operating loss” for a given year. How would you define an operating loss carryback and a carryforward explaining the conceptual questions that surround these issues?

Explain what Net Operating Income is and what is meant by Net Operating Loss. What factors...

Explain what Net Operating Income is and what is meant by Net Operating Loss. What factors arre associated when calculating the Net Operating Income percentage for a hotel? Why is this measure a good way of evaluating the hotel performance?

Marmara MIS Company forecasts to pay dividends 2 TL, 2,5 TL, 3 TL, 3.5 TL, and 4 TL over the next five years, respectively. At the end of three years, you

Marmara MIS Company forecasts to pay dividends 2 TL, 2,5 TL, 3 TL, 3.5 TL, and 4 TL over the next five years, respectively. At the end of three years, you anticipate selling your stock at a market price of 100 TL. What is the price of the stock given a 12% expected return?

Andre Co. reported sales of $600,000, a contribution margin of $120,000, and an operating loss of...

Andre Co. reported sales of $600,000, a contribution margin of $120,000, and an operating loss of $50,000. Based on this information, what was the break-even point in sales dollars? Multiple Choice $600,000 $850,000 $800,000 $720,000

Show the lower portion of the 2021 income statement that reports the income tax benefit of the net operating loss.

Wynn Farms reported a net operating loss of $132,000 for financial reporting and tax purposes in 2021. The enacted tax rate is 25%. Taxable income, tax rates, and income taxes paid in Wynn’s first four years of operation were as follows: Taxable Income Tax Rates Income Taxes Paid 2017 $ 68,000 25 % $ 17,000 2018 78,000 25 19,500 2019 112,000 25 28,000 2020 68,000 40 27,200 Prepare the journal entry to recognize the income tax benefit of the net...

Presented below is the income statement of Cowan, Inc.: Sales revenue &nbsp

Presented below is the income statement of Cowan, Inc.: Sales revenue $380,000 Cost of goods sold 225,000 Gross profit $155,000 Operating expenses 95,000 Income before income taxes 60,000 Income taxes 24,000 Net income $ 36,000 In addition, the following information related to net changes in working capital is presented: Debit Credit Cash $12,000 Accounts receivable 25,000 Inventories $19,400 Salaries payable (operating expenses) 8,000 ...

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2. Operating loss is 18.000 TL when sales revenue is 420.000 TL and operating income is...

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Sales Revenue 54670000 Cash Operating C

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