Construct a projected pl statements

Assignment Help Finance Basics
Reference no: EM132235004

Using the same graph (in BOLD) for all question please answer and show work for the following

Review the walk-in data presented below. Taxes are assumed to be 30%.

Revenues (10,000 visits) 500,000 $

Wages and benefits 210,000 $

Rent 5,000 $

Depreciation 32,000 $

Utilities 2,500 $

Medical supplies 50,000 $

Administrative supplies 20,000

1. Construct a projected P&L statements at volume levels of 10,000 units. What would be the total fixed costs for a volume of 10,000 units?

Choice: $189,000

Choice: $249,500

Choice: $257,500

Choice: $275,500

2.Construct a projected P&L statements at volume levels of 11,000 units. What is the taxable income for a volume of 11,000 units?

Choice: $180,500

Choice: $100,000

Choice: $116,500

Choice: $223,500

3. Construct a projected P&L statements at volume levels of 12,000 units. What is the profit for a volume of 12,000 units?

Choice: $105,350

Choice: $135,000

Choice: $186,550

Choice: $211,800

Reference no: EM132235004

Questions Cloud

Why do companies performance annual performance reviews : Why do companies performance annual performance reviews? What do you think the challenges are with an annual review?
Did the NFL hide some of the sport risk : Anyone who has watched an NFL game knows that football is a rough sport. But, did the NFL hide some of the sport’s risk?
What is the time value for option : The premium for a put option is $3.0. The option has an exercise price of $35. The current stock price is $33. What is the time value for this option?
What is its return on invested capital : Herring Corporation has operating income of $235,000 and a 40% tax rate. The firm has short-term debt of $115,000, long-term debt of $321,000.
Construct a projected pl statements : Construct a projected P&L statements at volume levels of 11,000 units. What is the taxable income for a volume of 11,000 units?
How airbnb designs for trust : If you could google and watch the TED talk "How Airbnb designs for trust."
Which of the service strategies used by zane cycles : Which of the service strategies used by Zane's Cycles gives you a real "wow?" Why? Do you know of an "entrepreneurial" service provider that currently uses.
How should the truncation price be allocated : How should the truncation price of $1,100,000 be allocated among the service obligations. Prepare the journal entries for Pharoah
What is the volume required to breakeven : What is the volume required to breakeven? Choice: 8,000 discharges Choice: 4,500 discharges Choice: 3,700 discharges Choice: No discharges

Reviews

Write a Review

Finance Basics Questions & Answers

  In the context of the agency relationship managers

Select as choices all of the following that you believe depict the 'agency' relationship inside the corporation.

  Determination of expenses associated with activities

Locate the legal authority governing the determination of expenses associated with activities entered into for profit and advise Nina with regard.

  Penguin pucks inc has current assets of 7000 net fixed

penguin pucks inc. has current assets of 7000 net fixed assets of 25800 current liabilities of 6600 and long-term

  What is the payback period of the ice cream cart

It will cost $2,800 to acquire a small ice cream cart. Cart cash flows are expected to be $2,000 a year for three years. After the three years, the cart is expected to be worthless as that is the expected remaining life of the cooling system. What..

  What is the standard deviation of the rate of return

A project has a 0.68 chance of doubling your investment in a year and a 0.32 chance of halving your investment in a year.

  Why did many americans criticize the mexican war

Why did many Americans criticize the Mexican War? How did they see expansion as a threat to American liberties.

  Considering two alternative investments

Option 1 requires an outlay of $10 000 and after 2 years is expected to bring a cash flow of $1500 p.a for the next 3 years.

  Calculate the appropriate price

Calculate the appropriate price at which this investor can contract to sell the asset in one year.

  What was the company interest expense

The company recently reported that its basic earning power (BEP) ratio was 25 percent and that its return on assets (ROA) was 6 percent

  What is the firm''s earnings growth rate

The report also stated that the firm's return on equity is 14 percent. Lowery retains 70 percent of its earnings. What is the firm's earnings growth rate? What will next year's earnings be?

  How are the stocks in your watch list performing

How are the stocks in your watch list performing since you first selected them? Speculate on reasons for each stock's performance and justify your analysis with research about the firms and the stock market in general.

  Discuss on two projects that require an investment

Discuss on two projects that require an investment in the firm.

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