User Account

All Pages

How many golf carts must golf glider sell

Assignment Help Accounting Basics
Reference no: EM131576926

Question - Egolf glider makes gasoline-powered golf carts. the selling price is 5000 each, and cost are as follows:

cost                                        per unit                 total

DM                                          2000                            

DL                                             625

Variable OH                              325

Variable Selling                          50

Annual fixed Production                                        250,000

annual fixed selling and admin                              120,000

Golf Glider's income is taxed at a 40% rate

a. How many golf carts must golf glider sell to earn 600,000 after tax?

b. What level of revenue is needed to yield an after-tax income equal to 20% of sales?

Reference no: EM131576926

Questions Cloud

The behavior impact of dui laws and sanctions : Determining whether legal sanctions administered by the judicial court system or by local law enforcements are effectively designed to reduce.
What are the element that production manager should consider : What are the elements that the production manager should consider in determining his company's ability to produce chips that meet specifications?
Describe the diagnosis and staging of cancer : Describe the diagnosis and staging of cancer. Describe at least three complications of cancer
Explain who is liable for daves intentional tort : Provide your answers in a case analysis of a minimum of 500 words. Cite any direct quotes or paraphrased material from outside sources. Use APA format.
How many golf carts must golf glider sell : Egolf glider makes gasoline-powered golf carts. How many golf carts must golf glider sell to earn 600,000 after tax
Courier delivery problem : In your program design, make use of the Strategy pattern to supply heuristic to the search procedure - Create all your Java source files in the default package
The basis of the earnings multiplier model : Assuming a required rate of return of 14 percent, how much would you pay for MCC on the basis of the earnings multiplier model?
What is the future value of your windfall in three years : What is the present value of your? windfall? What is the future value of your windfall in three years? (on the date of the last? payment)?
What is the effect of this transaction on this year : What is the effect of this transaction on this year and next year's income statement and income tax expense? Why

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