ABC Company operates three divisions, X, Y, and Z. The following information is available for the most recent month: ABC Company: Segment margin ............. $200,000 Contribution margin ........ 40% of sales Division X: Sales revenue .............. $732,000 Contribution margin ........ $260,000 Segment margin ............. $ 30,000 Division Y: Sales revenue .............. $276,000 Contribution margin ........ 25% of sales Division Z: Sales revenue .............. $200,000 Traceable fixed costs ...... $ 33,000 Calculate the segment margin reported by Division Z during the most recent month.
In: Accounting
The annual revenues collected in each of the past ten years for the Orange County Solid Waste Division are provided below. If the revenue total for 2014 is $42,843,901, which revenue projection method (SMA, TMA, or regression) is the most accurate in this case? Use APE to justify your answer. Use the last three years of revenues for moving averages and all years for regression
|
Year |
Revenue |
|
2005 |
33,120,989 |
|
2006 |
36,979,392 |
|
2007 |
36,390,302 |
|
2008 |
35,678,632 |
|
2009 |
37,986,901 |
|
2010 |
39,697,702 |
|
2011 |
37,639,287 |
|
2012 |
39,479,675 |
|
2013 |
40,099,709 |
In: Statistics and Probability
The 2019 financial reporting season saw many Australian companies issue their first annual reports applying the new revenue standard, IFRS/AASB 15 Revenue from contracts with customers. The objective of the new standard was to provide greater clarity and better disclosure of a company’s revenue, as well as more consistency between companies.
Required
Write the impact of applying AASB 15 with reference to the Qantas Group’s 2019 Financial Report.
In: Accounting
Your company, Apollo, operates in the manufacturing industry, with a market leading product called Rover.
This product currently brings in a quarter of the organisation’s revenue and is responsible for a third of the company’s expenditure.
A new company has come onto the scene with an innovative product that will dominate the market and result in the loss of all Sales of Rover.
The company’s total revenue is $1,200,000
The company’s total expenses are $1,000,000
What impact will the loss of Rover’s sales have on Apollo’s revenue forecast, expense budget, and bottom line? (100-120 words)
In: Accounting
Profit = Revenue - Cost
P(x) = R(x) - C(x)
Given: R(x) = x^2 - 30x
Given: C(x) = 5x + 100
X is hundreds of items sold / P, R, C are in hundreds of dollars
(1) Determine the Initial Cost?
(2) Determine the maximum Profit and number of items required for that profit?
(3) Determine the maximum Revenue and number of items required for that revenue?
(4) Find the break even points, P(x) = 0. What do the values represent in relation to the business?
In: Math
An engineer who works for Zpac is pitching a project for a new machine to his management. Zpac’s MARR is 12%. To finance this project, Zpac would have to invest $34,000 immediately and then $5000 each year for the next five years starting one year from now. The project is expected to generate revenue of $10000 one year from now, and then the revenue would increase by $2000 each year through year 4. The revenue in year 5 would be $24,000. a. Determine the rate of return for this project by hand NOT EXCEL please
In: Finance
Capital Budgeting Apache Airlines is looking to buy some gates at a West Coast airport. The key financial variables are below. Note that the gates revert back to the airport at the end of year 10. Purchase price - $25M Gate renovation (fit-out costs) - $11M (year 2 and in year 6) Yearly revenue - $12M Revenue inflator - 2.8% Operating costs - 40% of revenue Discount rate - 10% Tax rate - 21% What are the NPV and IRR of the gates, should Apache invest in them?
In: Finance
Chapter 3: The Adjusting Process (Continued)
1. Please explain what accrued expenses are and let us know why these adjustments are necessary. Please provide an example of an adjusting entry for an accrued expense.
2. Please explain what accrued revenues are and let us know why these adjustments are necessary. Please provide an example of an adjusting entry for accrued revenues.
3. Please explain what an Unearned Revenue account is and why an adjustment may be necessary for Unearned Revenue. Please provide an example of an adjusting entry for Unearned Revenue.
In: Accounting
| The Mortenson Company has the following account balances: | |||||||||
| Cost of Goods Sold | 120,000.55 | ||||||||
| Interest Revenue | 5,000.45 | ||||||||
| Loss on Asset Disposal | 12,000.11 | ||||||||
| Sales Revenue Refund | 9,000.54 | ||||||||
| Operating Expenses | 46,000.87 | ||||||||
| Sales Revenue | 200,000.59 | ||||||||
| In Mortenson's multiple-step income statement, what will be the value of the gross profit/margin? | |||||||||
| John won the lottery that will pay him $100,000.00 at the end of each of the next 20 years. | ||||||||
| Assuming an appropriate interest rate is 8% compounded annually, how much is this | ||||||||
| total lottery winnings worth today? | ||||||||
In: Accounting
1- Concept and scope sale of goods as per IAS 18? detaild explination at least 5 lines
2- Recognition of revenue from rendering of services? detaild explination at least 5 lines
3- revenue recognition of software companies, ( with example)? detaild explination at least 5 lines + the example
4- Principles of revenue recognition for Airline Companies ( with example)? detaild explination at least 5 lines + the example of any airline company
5- explain and define in detailed the construction contract? detaild explination at least 5 lines
In: Accounting