User Account

All Pages

Explain chip''s home brew whiskey management forecasts

Assignment Help Business Management
Reference no: EM1351026

Chip's Home Brew Whiskey management forecasts that if the firm sells each bottle of Snake-Bite for $20, then the demand for the product will be 15,000 bottles per year, whereas sales will be 94 percent as high if the price is raised 8 percent. Chip's variable cost per bottle is $10, and the total fixed cash cost for the year is $100,000. Depreciation and amortization charges are $20,000, and the firm has a 30 percent marginal tax rate. Management anticipates an increased working capital need of $3,000 for the year. What will be the effect of the price increase on the firm's FCF for the year? (Round answers to nearest whole dollar, e.g. 5,275.)

Reference no: EM1351026

Questions Cloud

Average inventory turnover : X corporation has total annual sales of $400,000 and a gross profit margin of 20 percent. Its current assets are $80,000; inventories $30,000; cash $10,000. current liabilities $60,000.
Discussing fraud examination : Present a recent example of fraud with non-cash assets or fraudulent reimbursement. Be sure to answer the following questions in your paper:
Cognitive development in infancy and early childhood : Select two theories that you believe best explain cognitive development in infancy and early childhood. Prepare a 3-4 page paper in which you describe the cognitive changes that occur in these two stages of development
Fraud examination and sas 99 : Discuss how the concept of risk can be used to detect one of the financial statement fraud schemes. Ensure to include specific procedures to detect the fraud scheme of your choosing.
Explain chip''s home brew whiskey management forecasts : Explain Chip's Home Brew Whiskey management forecasts that if the firm sells each bottle of Snake-Bite for $20
Process of thinking : How would you describe the process of thinking? What do you consider to be the major component in thinking? Why?
Koss corporation-unauthorized financial transactions : Discuss the responsibility of an auditor to uncover fraud perpetrated by its management client. Describe at least three mitigation risk strategies to satisfy this responsibility.
Find the best option to buy an automobile : Suppose you want to buy an automobile for $34,633. The dealer offers you 0% financing for 72 months or a $3,076 rebate. You can get financing for 72 months at the local bank.
Explain the impact of mis in organizations : Explain The Impact of MIS in Organizations and Industrial completions and organizational strategy of your organization.

Reviews

Write a Review

Business Management Questions & Answers

  Analyzing follower readiness and task behavior

Leadership Style, Follower Readiness, Task Behavior, Relationship Behavior, Bases of Power or Situational use of Power.You'll find one (or several articles) to analyze.

  Explain hazard insurance

Why do firms buy hazard insurance?

  Ethics influence leadership decision making

How should ethics influence leadership decision making so patients will be able to receive the care they need versus the care they want?

  Motivation for coming off shoring

Your challenge is to maintain productivity and a smooth operation prior to and during the outsourcing effort.

  Maintain a healthy organizational culture

What would be some roles and responsibilities of leaders in creating and maintaining a healthy organizational culture?

  Herzbergs two factor theory

Please describe the difference between hygiene factor and motivators - Briefly discuss the implications of Herzberg's Theory to managers.

  Step-wise answer to leadership

Assess how your own organization is doing on each and find specific means that could help incorporate the ideas listed into the culture of your organization. please feel free to disagree

  Graph the three total cost lines

Ski Boards, Inc., wants to enter the market quickly with a new finish on its ski boards. It has three choices: (A) refurbish the old equipment at a cost of USD 800

  Lowest priority in your job as director of marketing

Fill in the blanks by giving your own personal assessment of a good priority numbering system. Lowest priority in your job as Director of Marketing.

  The pluses and minuses of exporting

What are the pluses and minuses of exporting?

  Impact of organizational behavior on organization success

how the study and application of organizational behavior concepts can contribute to organizational success.

  Test at the .05 level of significance

Research at the University of Toledo indicates that 50 percent of the students change their major area of study after their first year in a program.  Has there been a significant decrease in the proportion of students who change their major after th..

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: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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