Question 2 :
Option M: benefits of $500,000 a year, initial cost of $5,000,000, indirect annual net revenue of $70,000, useful life of 25 years
Option N: benefits of $600,000 a year, disbenefits of $150,000 a year, initial cost of $6,500,000, indirect annual net revenue of $80,000, useful life of 30 years
Option P: benefits of $600,000 a year, disbenefits of $120,000 a year, initial cost of $3,600,000, annual M&O of $60,000, useful life of 20 years
If the options are mutually exclusive and MARR is 8%, use benefit-cost analysis to select the best alternative.

Chelsea Sports has the following balances on their Trial Balance in random order.  Each account contains the balance that is normal for that type of account.

What are total expenses for the period?

Question 2 : Option M: benefits of $500,000 a year, initial cost of $5,000,000, indirect annual net revenue of $70,000, useful life of 25 years Option N: benefits of $600,000 a year, disbenefits of $150,000 a year, initial cost of $6,500,000, indirect annual net revenue of $80,000, useful life of 30 years Option P: benefits of $600,000 a year, disbenefits of $120,000 a year, initial cost of $3,600,000, annual M&O of $60,000, useful life of 20 years If the options are mutually exclusive and MARR is 8%, use benefit-cost analysis to select the best alternative.

Joseph Company operates three divisions, X, Y, and Z. The following
information is available for the most recent month:

Joseph Company:
Sales revenue .............. $700,000
Segment margin ............. $239,000
Net income ................. $125,000

Division X:
Sales revenue .............. $200,000
Contribution margin ........ $140,000
Segment margin ............. $109,000

Division Y:
Variable costs ............. 70% of sales

Division Z:
Variable costs ............. $118,000
Traceable fixed costs ...... $ 56,000
Contribution margin ........ 60% of sales

Calculate the total fixed costs incurred by Joseph Company during
the most recent month.

Please label the answer as answer=-----------

Mel's male accessories sells wallets and money clips. Historically the firms sales have averaged three wallets for every money clip. Each wallet has an R80 contribution margin and each money clip has a R60 contribution margin. Mel's incurs fixed costs in the amount of R180000. The selling prices of wallets and money clips, respectively, are R200 and R150. The firms tax rate is 40%.

Required :
a. How much revenue is needed to break even and how many wallets and money clips does this present.
b. How much revenue is needed to earn an operating income of R150000?

Upsilon Corp. had a vacant warehouse that it rented out to Omnicron Distributers for a monthly rent of $9,900. During December 2019, Upsilon collected $7,000 cash from Omnicron for the December 2019 rent. Which of the following is correct with respect to the December 2019 financial statements of Upsilon Corp?

$9,900 would appear on the income statement as rent revenue earned.??

$9,900 would appear on the balance sheet as rent receivable.

$9,900 would be reported on the statement of cash flows.

$7,000 would appear on the balance sheet as prepaid rent.

$7,000 would appear on the balance sheet as unearned rent revenue.

If Company XYZ plans to launch a new production line, and in year 1, will have sales revenue       

             $10,000,000, operating cost is 70% of the sales revenue, depreciation is $2,000,000, and tax rate    

              is 40%, what is the Company’s projected cash flow in year 1?

       b. If the Company’s launch of the new production line will cause the exit of an existing production line     

         that can generate $1,000,000 operating income before tax, how much will be the Company’s  

        projected cash flow in year 1, if we take this opportunity cost or cannibalization into the consideration?            

c. If the tax rate fell to 30%, what will be the project’s cash flow?

ABC Company has three divisions, J, P, and W. The following
information is available for the most recent month:

ABC Company:
Sales revenue .............. $513,000
Total fixed costs .......... $125,320
Net income ................. $ 57,300

Division J:
Sales revenue .............. $163,000
Segment margin ............. $ 20,810

Division P:
Contribution margin ........ $ 30,150
Traceable fixed costs ...... $ 14,270
Variable cost ratio ........    85% of sales in Division P

Division W:
Variable costs ............. $ 41,720
Segment margin ............. $ 67,370

Calculate the traceable fixed costs reported by Division J
during the most recent month.

1. Which of the following is true if a firm has only variable expenses?

a) A 10% increase in sales will lead to no change in expenses and no change in profits

b) A 10% increase in sales will lead to no change in expenses and 10% increase in profits

c) A 10% increase in sales will lead to 10% increase in expenses and 10% change in profits

d) A 10% increase in sales will lead to 10 % change in expenses and no change in profits

2. When recording accounting transactions, revenue and expenses will ultimately be recorded in ________ on the balance sheet

a) Revenue

b)Expenses

c) Assets

d) Liabilities

e) Equity

Why do we model a competitive firm with assumptions that seem to be unrealistic? Why do we see that marginal cost tends to increase with each unit of output? Why do we observe a U-shaped Average Cost Curve? Why is it the Marginal Revenue equal to the Price? What does it mean that the Marginal Revenue curve is a flat horizontal curve? Why do we assume that companies are profit-maximizing institutions? After all, they may care about something else besides profit. Also, what kind of information is profit communicating to society?

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Any help is greatly appreciated!