Apple corp sold 80000 units providing a profit of 60000 the

Assignment Help Accounting Basics
Reference no: EM13586584

Apple Corp sold 80000 units providing a profit of 60000. The unit margin of safety for the period was 40000 units. if the company increases its advertising expenses next period by 20000, it sales will increase to 100000 units. what would be the new net income next period ?

Reference no: EM13586584

Questions Cloud

Jason and daniel are forming the jd partnership jason : jason and daniel are forming the jd partnership. jason contributes 300000 cash and daniel contributes nondepreciable
Computer equipment built one year ago at a cost of 16000 : blue corporation donates the following property to johnson elementary schoolxyz corporation stock purchased two years
A cast-iron cylinder of 300mm bore carries a pressure of : a cast-iron cylinder of 300mm bore carries a pressure of 30 newtons per squaremillimetre what should be its thickness
At the appellate level the document that is given to the : at the appellate level the document that is given to the judges to inform them of the parties positions ironically is
Apple corp sold 80000 units providing a profit of 60000 the : apple corp sold 80000 units providing a profit of 60000. the unit margin of safety for the period was 40000 units. if
In return for 1000 mr hand cancels mr sandwichs debt of : in return for 1000 mr. hand cancels mr. sandwichs debt of 4000. the cancellation is not a gift and mr. sandwich is
If the coefficient of static friction between the sofa and : a 90 kg sofa sits stubbornly on the wrong side of your living room. if the coefficient of static friction between the
Prepare the neccessary entries to close the temporary : royston realty reported the following accounts on its income statementcommisions
Calculate the heat needed at 0 degrees celcius to make the : calculate the heat needed at 0 degrees celcius to make the following change of state kilocalories to melt 140 g of

Reviews

Write a Review

Accounting Basics Questions & Answers

  Based on the following information what is the total equity

based on the following information what is the total equity at the end of 2013? the following is selected financial

  Determine the following a fixed overhead spending and

shumaker company manufactures a line of high-top basketball shoes. at the beginning of the year the following plans for

  Assume the following the real risk-free rate r is expected

assume the following the real risk-free rate r is expected to remain constant at 3. inflation is expected to be 3 next

  Jimenez enterprises issued 9 8-year 2600000 par value bonds

jimenez enterprises issued 9 8-year 2600000 par value bonds that pay interest semiannually on october 1 and april 1.

  Calculate the dollar amount that will be presented

Fred Jones owns 56 shares of the Robust Corporation's stock. Robust announces a 3 for 2 stock split. How many shares will Fred have after this split.

  Determining annual inventory holding cost

Given the EOQ, what is the average inventory? What is the annual inventory holding cost? In minimizing cost, how many orders would be made each year? What would be the annual ordering cost?

  Record dividends payable on common and preferred stock

A total cash dividend of $90,000 was declared and payable to stockholders of record. Record dividends payable on common and preferred stock in separate accounts.

  Edgar inc has a materials price standard of 200 per pound

edgar inc. has a materials price standard of 2.00 per pound. six thousand pounds of materials were purchased at 2.20 a

  Equipment with a cost of 240000 has an estimated salvage

equipment with a cost of 240000 has an estimated salvage value of 15000 and an estimated life of 4 years or 15000

  Prepare a partial balance sheet for the company at

on december 31 2997 the company has 7m of short term debt inthe form of notes payable to the bank due in 2008. on

  Employer in accordance with the adoption plan

They spent $15,000 in connection with the adoption, all of which was paid by the employer in accordance with the adoption plan. How much of the employer paid adoption costs must be included in their income?

  Identify relevant activity cost drivers in order to assign

It now needs to identify relevant activity cost drivers in order to assign overhead costs to its products. Using the activities listed below, identify for each activity one or more cost drivers that might be used to assign overhead to Mallory Luon..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd