User Account

All Pages

Calculate the number of house calls

Assignment Help Accounting Basics
Reference no: EM131738618

Question - Katie and Holly founded Hokies Plumbing Company after graduating from college. The wanted to be competitive, so they set their rate for house call at a modest $100.00.

After paying the company's gas and other variable cost of $60.00 the women thought that would be enough profit.

They set their salaries at $100,000 each. There was no fixed cost at all.

House calls rate: $100

Variable cost: $60.00

Salaries: $100,000

Calculate the number of house calls that Hokies Plumbing must make to break even?

Reference no: EM131738618

Questions Cloud

Describe the four managerial function : Identify and describe the four managerial functions that can be applied in Wal-Mart Stores Inc. in Saudi Arabia.
Write a paper about strategic sourcing and its importance : Write a research paper about Strategic sourcing and its importance. This paper should be between 6 to 8 pages for the content, not counting the title page.
Calculate the new net income or loss : If the advertising budget was $30,000 for the quarter and was included in the fixed costs, calculate the new net income or loss if the changes are made
Write paper about contracting ethical concepts and situation : Write a research paper about Contracting Ethical Concepts and Situations. This outline must follow the preceding format as far as section headings.
Calculate the number of house calls : Katie and Holly founded Hokies Plumbing Company after graduating from college. Calculate the number of house calls that Hokies Plumbing must make to break even
How many flowers must be sold to landscapers : If Nellie's nursey wishes to earn a before-tax profit of $ 30,000.00 on this type of flower, how many flowers must be sold to landscapers
Company products it brand and pros and cons : How can a company products it brand and pros and cons?
Identify the element of report introduction : Identify the element of a report’s introduction that is described.
Suggest two professional competencies that are necessary : Suggest two professional competencies that you believe are necessary for an effective emergency manager to possess. Provide a rationale for your response.

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +91-977-207-8620

Phone: +91-977-207-8620

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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