Company generate in order to reach the break-even point

Assignment Help Financial Management
Reference no: EM13930022

Ritz Furniture has a contribution margin ratio of 0.17. If fixed costs are $167,300, how many dollars of revenue must the company generate in order to reach the break-even point?

Reference no: EM13930022

Questions Cloud

What are the reasons contributing to the stress : The research will focus on central questions such as whether being a fire-fighter is stressful. Why is this the case? What are the reasons contributing to the stress? Is it the firefighters' personality or the nature of the job? Is stress of the j..
Inventory-working capital to expand into new market : Imagine A Better Company LLC, which has six members. Five of the shareholders own 7 percent each. Jacinta owns the remaining portion of the company. A Better Company needs $250,000 for equipment, inventory, and working capital to expand into a new ma..
Create sql database "chart of accounts" report : A grand total of the balance field will be provided at the end of the report.
Families play an important role in the socialization process : Political scientists believe that families play an important role in the socialization process. Families pass along partyidentification to their children, and politically active families may do so for future generations. Consider the linkbetween your..
Company generate in order to reach the break-even point : Ritz Furniture has a contribution margin ratio of 0.17. If fixed costs are $167,300, how many dollars of revenue must the company generate in order to reach the break-even point?
When are petty cash expenses recognized : When are petty cash expenses recognized (at the time of establishment, reimbursement, or replenishment)?
Payer percent of patients payment lag medicare : Suppose that a health care organization had revenues of $300,000 for March and that the payer mix is as follows: PAYER PERCENT OF PATIENTS PAYMENT LAG Medicare 40 3 months Medicaid 20 3 months Blue Cross 15 2 months Other insurer 15 1 month Self-pay ..
Discussion - challenges in decision making : Discussion: Challenges in Decision Making, It is one thing to solve decision problems, but it is something else entirely to be able to identify mistakes you have made and figure out how to fix those mistakes
The companies are facing various challenges : 1. The companies are facing various challenges related to the system integration. The SI is more focused towards constant approach rather than adopting the ways which are much needed in the current scenario. There are services which are not much comp..

Reviews

Write a Review

Financial Management Questions & Answers

  What is an ipo how does an ipo allow an organization to

what is an ipo? how does an ipo allow an organization to grow financially? when is a merger or an acquisition instead

  A discussion of how the value of the option changes

Using the option pricing models, go into the marketplace and select an option. Using the option pricing models, value the option. Then discuss if the market value of the option is reflective of where the option is currently trading. Include a discuss..

  What are the incremental net cash flows

The Everly Equipment Company's flange-lipping machine was purchased 5 years ago for $90,000. It had an expected life of 10 years when it was bought and is being depreciated by the straight-line method by $9,000 per year. What are the incremental net ..

  What return do you need to buy this stock

You are considering adding stock in BAMEB Motorcycles to your portfolio. You found their Beta at 0.47, the risk free rate as proxied by 10-year US Treasuries at 0.55%, and return on the market as proxied by the S&P 500 at 12.38%. What return do you n..

  What is the future value of these cash flows

If the discount rate is 6 percent, what is the future value of these cash flows in Year 4? What is the future value at an interest rate of 14 percent?  What is the future value at an interest rate of 21 percent?

  Project with an initial investment

Calculate the NPV for a 30 year project with an initial investment of 35000 and cash inflow of 8000 per year. Assume that the firm has an opportunity cost of 13%. the projects NPV is ?

  What is the maximum amount he can borrow

A few years ago, Michael Tucker purchased a home for $134000. Today the home is worth $172000. His remaining mortgage balance is $61000. Assuming Michael can borrow up to 68 percent of the market value of his home, what is the maximum amount he can b..

  Starting early when it comes to saving for retirement

Abagail Nelson, a 25-year-old personal loan officer at First National Bank, understands the importance of starting early when it comes to saving for retirement. She has committed $3,000 per year for her retirement fund and assumes that she’ll retire ..

  The total amount clay must pay immediately

Clay Harden borrowed $34,000 from a bank at an interest rate of 5% compounded monthly. The loan will be repaid in 36 equal monthly installments over three years. The total amount Clay must pay immediately after his 20th payment will be $_____.

  Prepare an income statement for 2012

Prepare an income statement for 2012 using Microsoft Word or Excel, in good form, starting with income from continuing operations.

  What is the least you could pay to acquire a bill

A Treasury bill has a bid yield of 2.13% and an ask yield of 2.09%. The bill matures in 209 days. Assume a face value of $1,000. What is the least you could pay to acquire a bill?

  Addition net working capital investments

Production of the implants will require $1,800,000 in net working capital to start and addition net working capital investments each year equal to 15 percent of the projected states sales increase for the following year. Total fixed costs are $2,500...

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