Cost-volume-profit analysis, or CVP, is something companies use to figure out how changes in costs and volume affect their operating expenses and net income. In other words, CVP is a methodical analysis of the dynamic inter-relationship between selling prices, sales and production volume, cost expenses, and profits.
Respond to the following in a minimum of 175 words:
In: Accounting
Credit Policy Changes Use the following information to answer the next three questions:
Peterson Plumbing Supplies, Inc. has the following projected credit sales for the second quarter: April May June Credit sales $290,000 $270,000 $195,000 Credit sales in February and March 2018 were $240,000 and $230,000, respectively. The company predicts that 15 percent of its customers will pay in the month of the sale and take a 2 percent discount, 75 percent of its customers will pay in the month following the sale, and 10 percent will pay in the second month following the sale.
4. Calculate the days sales outstanding (DSO) for the first quarter (April-June, assuming 30 days in each month).
5. Complete an aging schedule for the second quarter.
6. Complete an uncollected balances (payments pattern) schedule for the second quarter
In: Accounting
In: Nursing
Exercise 11-13 Effects of Changes in Sales, Expenses, and Assets on ROI [LO11-1]
[The following information applies to the questions displayed below.]
CommercialServices.com Corporation provides business-to-business services on the Internet. Data concerning the most recent year appear below:
| Sales | $ | 3,900,000 |
| Net operating income | $ | 273,000 |
| Average operating assets | $ | 780,000 |
1. Compute the company's return on investment (ROI). (Do not round intermediate calculations. Round your answer to 2 decimal places.)
2. The entrepreneur who founded the company is convinced that sales will increase next year by 60% and that net operating income will increase by 100%, with no increase in average operating assets. What would be the company’s ROI? (Do not round intermediate calculations. Round your answer to 2 decimal places.)
3. The Chief Financial Officer of the company believes a more realistic scenario would be a $1,150,000 increase in sales, requiring a $230,000 increase in average operating assets, with a resulting $105,750 increase in net operating income. What would be the company’s ROI in this scenario? (Do not round intermediate calculations. Round your answer to 2 decimal places.)
In: Accounting
In: Computer Science
Delhi Police
in the Netflix documentary Daughters of Mother India,
what
changes have been made
since Nirbhaya and Gudiya’s rape cases?
Why?
What was the most common
type of abuse reported? Use examples from
the film and explain your
answer.
In: Nursing
In: Economics
Even though pikas and brown bears live in seasonal environments that experience dramatic temperature changes throughout the year, each species maintains homeostasis and metabolic functioning via different adaptations. Brown bears feast in the summer to produce fat to be used as stored energy during winter hibernation, and they release heat easily in the summer. Describe the physical and behavioral adaptations that pikas use to maintain homeostatic metabolic functioning during the winter and summer temperatures.
In: Biology
Strickler Technology is considering changes in its working capital policies to improve its cash flow cycle. Strickler's sales last year were $3,410,000 (all on credit), and its net profit margin was 7%. Its inventory turnover was 6 times during the year, and its DSO was 31 days. Its annual cost of goods sold was $1,800,000. The firm had fixed assets totaling $530,000. Strickler's payables deferral period is 34 days. Assume 365 days in year for your calculations. Do not round intermediate calculations. Calculate Strickler's cash conversion cycle. Round your answer to two decimal places. days Assuming Strickler holds negligible amounts of cash and marketable securities, calculate its total assets turnover. Round your answer to two decimal places. x Calculate its ROA. Round your answer to two decimal places.
% Suppose Strickler's managers believe the annual inventory turnover can be raised to 8 times without affecting sale or profit margins.
What would Strickler's cash conversion cycle have been if the inventory turnover had been 8 for the year? Round your answer to two decimal places. days
What would Strickler's total assets turnover have been if the inventory turnover had been 8 for the year? Round your answer to two decimal places.
x What would Strickler's ROA have been if the inventory turnover had been 8 for the year? Round your answer to two decimal places. %
In: Finance
The government should never use monetary policy to combat business cycle fluctuations coming from changes in money demand if they also wish to keep short run movements in consumption to a minimum. Is her claim true, false or uncertain? Explain with the help of an IS/LM diagram.
In: Economics