In: Accounting
1.A firm has a ROE of 16.875%, asset turnover of 2.5, and an equity multiplier of 1.5. If the firm has sales revenue of $10000, what is its net income? Net income is $450
2.A firm has cash flow from assets of $200, cash flow to creditors of $125, and $15 of net equity raised. Calculate the amount of dividends paid to shareholders. Dividends paid : $90
3.What is the firm’s sustainable growth rate? I got 13.5% for sustainable growth rate but I don't know why it is wrong please help
In: Finance
Cruz Inc. manufactures a popular premium toy. During its first
year, the company incurred these costs:
$427000 Cost to manufacture 7000
toys
$110000 Research and development costs
$35000 Cost to ship completed products to
retailers
Cruz sells 80% of its products for $183
each.
1. What will Cruz report as sales revenue for
Year1?
2. What will Cruz report as the cost of goods sold for
Year1?
3. What will Cruz report as net income for Year1?
4. What will Cruz report as inventory on the balance sheet as of
the end of Year1?
In: Accounting
EGN3613: Engineering Economics Analysis
Assignment 1
What are the steps used in a decision making process? Provide an example of the process in bank replacing their old ATM machines with new state of the art ones.
Define the role of engineers in the Business Decision Making Process.
Explain the difference between large and small scale Engineering Projects.
Explain in details that factors that might affect Engineering Economic Decisions
What does the Economic Principle “Marginal revenue must exceed marginal cost” means? Provide at least two references to support your explanation.
In: Economics
Calculate the Net Present Value and Pay-Back Period for the below investment (please show calculations):
Rate of Return: 15%
Inflation Rate: 2%
Please note: Investment costs are taken at the start of the year and recurring costs and revenue at the end of the year.
The cash flows in the table are nominal cash flows (they have not been adjusted for inflation)
Investment:
| Year | Investment Cost | Recurring Cost | Savings |
| 0 | $ 300,000 | ||
| 1 | $ 100,000 | $ 75,000 | |
| 2 | $ 100,000 | $ 150,000 | |
| 3 | $ 100,000 | $ 300,000 | |
| 4 | $ 100,000 | $ 500,000 | |
| 5 | $ 100,000 | $ 500,000 |
In: Finance
Vaughn Inc. had beginning inventory of $12,411 at cost and $19,700 at retail. Net purchases were $99,730 at cost and $153,700 at retail. Net markups were $10,500, net markdowns were $6,400, and sales revenue was $149,700. Assume the price level increased from 100 at the beginning of the year to 105 at year-end. Compute ending inventory at cost using the dollar-value LIFO retail method. (Round ratios for computational purposes to 1 decimal place, e.g. 78.7% and final answer to 0 decimal places, e.g. 28,987.)
In: Accounting
An adjusting entry shows a debit to Depreciation Expense. The credit would be to Accumulated Depreciation. (T/F)
ABC Co. provides contracting services to XYZ Co. XYZ paid ABC in advance (down payment). This would be deferred revenue for ABC. Co (T/F)
To record depreciation for the month you would (A. dr. Accumulated Depreciation and cr. Depreciation Expenses) (B. dr. Depreciation Expenses and cr. Accumulated Depreciation) (C. dr. Depreciation Expense and cr. Cash) (D. none of these are correct)
Adjusting entries can be categorized as accruals or deferrals. (T/F)
In: Accounting
A firm is considering purchasing a new machine, which costs $600,000 and has a six-year life, a CCA rate of 25 percent and an expected salvage value of $40,000. The asset class will remain open. The project will generate sales revenue of $200,000 in the first year, which will grow at 6 percent per year in the subsequent years. Variable costs will be $80,000 for the first year, which will grow at 7 percent per year. The firm's marginal tax rate is 35 percent and required return is 10 percent. Should the project be accepted?
Preferred using Excel as the answer
In: Finance
James Jones is the owner of a small retail business operated as a sole proprietorship. During 2018, his business recorded the following items of income and expense.
Revenue from Inventory Sales $147,000
Cost of Goods Sold 33,500
Business License Tax 2,400
Rent on Retail Space 42,000
Supplies 15,000
Wages Paid to Employees 22,000
Payroll Taxes 1,700
Utilities 3,600
A.) Compute taxable income attributable to the sole proprietorship by completing Schedule C to be included in James's 2018 Form 1040. You mush show your work!
In: Accounting
(TCO C) A tile manufacturer has supplied the following data.
|
Tons of cement produced and sold |
220,000 |
|
Sales revenue |
$924,000 |
|
Variable manufacturing expense |
$297,000 |
|
Fixed manufacturing expense |
$280,000 |
|
Variable selling and admin expense |
$165,000 |
|
Fixed selling and admin expense |
$82,000 |
|
Net operating income |
$100,000 |
Required:
Calculate the company's unit contribution margin.
Calculate the company's contribution margin ratio.
If the company increases its unit sales volume by 5% without
increasing its fixed expenses, what would the company's net
operating income be?
In: Accounting