Reference no: EM132735999
Handley Interiors, 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 Middleton Home and Garden Expo. The exhibit will cost the company $14,870 for space. At the show, Handley Interiors will present a slide show on a laptop, pass out brochures that were printed previously (the company printed more than needed), and show its portfolio of previous jobs.
The company estimates that revenue will increase by $40,010 over the next year as a result of the exhibit. For the previous year, profit was as follows:
Revenue $212,519
Less:
Design supplies $17,995
Salary of Samantha Spade (owner) 81,672
Salary of Kim Bridesdale (full-time employee) 56,487
Rent 19,101
Utilities 6,390
Depreciation of office equipment 4,160
Printing of advertising materials 851
Advertising in Middleton Journal 2,810
Travel expenses other than depreciation of autos 3,220
Depreciation of company cars 10,090 202,776
Net income$9,743
Problem 1: Calculate the impact of the exhibit on company profit. (Round intermediate calculations to 4 decimal places, e.g. 0.3215 and final answer to 0 decimal places, e.g. 125.)
|
What is the probability both windows are idle
: If the average service time is 1.5 minutes and the arrival rate is 6 customers every five minutes, find the following:
|
|
How lenient you want to make the policies
: You have just been hired as the Security Manager of a medium-sized Financial Services company employing 250 people in New Hampshire, and have been asked.
|
|
What is the after-tax income
: Talley also had (1) interest charges of $50,000, (2) dividends received of $15,000, What is the tax expense? What is the after-tax income
|
|
What is the optimal number of servers
: The local self-serve yogurt shop is looking to provide staffing to meet customer demand over the summer peak season. While the customers can self-serve
|
|
How do solve impact of the exhibit on company profit
: How do Solve impact of the exhibit on company profit. (Round intermediate calculations to 4 decimal places, e.g. 0.3215 and final answer to 0 decimal places)
|
|
Polygraph machines to detect lies and deception
: What are some problems with law enforcement agencies using polygraph machines to detect lies and deception?
|
|
What is the optimal number of servers
: The local self-serve yogurt shop is looking to provide staffing to meet customer demand over the summer peak season. While the customers can self-serve
|
|
How much total net operating capital does JT have
: Jenn Translation (JT) Inc. reported $10 million in operating current assets, $15 million in net fixed assets, How much total net operating capital does JT have
|
|
Multi-voting process tool
: Discuss the four criteria that should be considered when selecting a solution: risk, economy, timing, and resources. How might they apply to your solution?
|