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!

Rajbir Construction Co. contracted to build a bridge for $10,000,000. Construction began in 2018 and was completed in 2019. Data relating to the construction are: 2018 2019 Costs incurred during the year $3,300,000 $2,750,000 Estimated costs to complete 2,700,000 — Raj uses the percentage-of-completion method. Instructions (a) How much revenue should be reported for 2018? Show your computation. (b) Make the entry to record progress billings of $4,100,000 during 2018. (c) Make the entry to record the revenue and gross profit for 2018. (d) How much gross profit should be reported for 2019? Show your computation.

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.

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.

Macroeconomic Conditions and Company Performance: RE: Walmart, Neighborhood Market

a) Describe the trends of Net Profit And Total Revenue over the past three years.

b) Analyze the relationship between Net Profit And Total Revenue (performance variables) and Unemployment, Inflation, and Interest Rates (macroeconomic variables) for the past three years. Include Any relating graphs or suggested graphing methods**

c) Assess how the current monetary policy and fiscal policy in the United States may impact Walmanr't Neighborhood Markets financial performance in the short term (six months to one year). Justify your response.

In 2021, the Westgate Construction Company entered into a contract to construct a road for Santa Clara County for $10,000,000. The road was completed in 2023. Information related to the contract is as follows:

Westgate recognizes revenue over time according to percentage of completion.

Required:
1. Calculate the amount of revenue and gross profit (loss) to be recognized in each of the three years.

The following is a partial trial balance for the Green Star Corporation as of December 31, 2021:

There were 100,000 shares of common stock outstanding throughout 2021.

Required:

1. Prepare a single-step income statement for 2021, including EPS disclosures.

2. Prepare a multiple-step income statement for 2021, including EPS disclosures.