Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Infinity Designs, an interior design company, has experienced a drop in business due to an increase in interest rates and a corresponding slowdown in remodeling projects. To stimulate business, the company is considering exhibiting at the Home and Garden Expo. The exhibit will cost the company $12,000 for space. At the show, Infinity Designs will present a slide show on a PC, pass out brochures that are printed previously, (the company printed more than needed), and show its portfolio of previous jobs. The company estimates that revenue will increase by $36,000 over the next year as a result of the exhibit. For the previous year, profit was as follows: Revenue $201,000 Less: Design supplies (variable cost) $17,000 Salary of Samantha Spade (owner) 80,000 Salary of Kim Bridesdale (full time employee) 55,000 Rent 18,000 Utilities 6,000 Depreciation of office equipment 3,600 Printing of advertising materials 700 Advertising in Middleton Journal 2,500 Travel expenses other than depreciation of autos (variable cost) $2,400 Depreciation of company cars 9,000 Required: Calculate the impact of the exhibit on company profit.
Calculate the salary at the end of 24th year from now from the facts and what will 80% of your last year's salary be
What is the depreciation expense for the equipment in Year 3? Round your answer to the nearest dollar.
You may suppose any values for payout ratios also opportunity cost of capital. Compute stock price each share. Find out the value of PVGO.
In a world of no corporate taxes if the apply of leverage does not change the value of levered firm relative to the unlevered company this is known as:
As a financial planner a customer comes to you for investment advice. After meeting with him and understanding his requirements, you offer him the following two investment options:
There are several different groups that use financial ratio analysis. Who are these groups and what are the primary concerns of each?
Hi-Tech Mortgage Corporation uses a process costing system to accumulate costs in its loan application section. When an application is completed it is forwarded to the loan department for final processing.
A resident of the US has a base income of $23,000 after adjustments for deductions. New legislation by Congress would tax this income at a rate of 11%.
In a mutual fund 401(k)that you have through work, you notice that for every dollar you invest, your firm also invests a dollar. You are able to invest up to 5 percent of your yearly income,
Identify four financial ratios and state what they tell me about a firm and why it's important to understand what they mean to a bank or an investor.
A 15 year bond issued today by Carris, Inc. has a coupon rate of 7%, a required return of 5% and a face value of $1000. The bond will be sold 4 years from now when interest rates will be 8%. What is the ending value of the bond when it is sold (to..
Benson Corporation is evaluating option uses for a three-story manufacturing and warehousing building that it has bought for $225,000.
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!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd