User Account

All Pages

Julias catering has a monthly target operating income of

Assignment Help Financial Accounting
Reference no: EM13370792

Julia's Catering has a monthly target operating income of $6,000. Variable expenses are 40 percent of sales and monthly fixed expenses are $3,600. Evaluate the monthly margin of safety in dollars if the business achieves it's operating income goal?

Reference no: EM13370792

Questions Cloud

At 31st december gill co reported accounts receivable of : at 31st december gill co. reported accounts receivable of 238000 and an allowance for uncollectible accounts of 600
Which one of the subsequent statements best reflects : which one of the subsequent statements best reflects sternbergs triarchic theory of intelligence?a. intelligent
On 1st february 2013 cromley motor products issued 6 bonds : on 1st february 2013 cromley motor products issued 6 bonds dated 1st february with a face amount of 75 million. the
Q in may 2011 french real estate company issued convertible : q. in may 2011 french real estate company issued convertible bonds with a net face value of 480 million. each 1000 bond
Julias catering has a monthly target operating income of : julias catering has a monthly target operating income of 6000. variable expenses are 40 percent of sales and monthly
Show the differences in accounting handling of investments : show the differences in accounting handling of investments in which investor purchases between 20-50 percent of another
In november sold 4000 of gift cards 700 of these was : in november sold 4000 of gift cards. 700 of these was redeemed. in december sold 3000 of gift cards and redeemed 2000
On 1st january rare bird ltd purchased 12 percent bonds : on 1st january rare bird ltd. purchased 12 percent bonds dated 1st january with a face amount of 20 million. the bonds
At the vicksburg company actual sales are 1200000 and : at the vicksburg company actual sales are 1200000 and break-even sales are 840000. evaluate a margin of safety in

Reviews

Write a Review

Financial Accounting Questions & Answers

  Calculate the maximum depreciation expense

Flax, LLC purchased only one asset during 2011. It placed in service a computer (5-year property) on January 16th with a basis of $14,000. Calculate the maximum depreciation expense. (Ignoring Section 179 and bonus expensing).

  Describe the design tests of controls substantive tests of

describe the design tests of controls substantive tests of transactions and analytical procedures for the warehousing

  What is the companys cik number

What is the companys CIK number - What is the companys Ticker Symbol and fiscal yearend?

  Find a real-life outsourcing decision

Find a real-life outsourcing decision that has been made. Find the specific reasons for the outsourcing.

  Balanced scorecard and economic value added

Implementing one of the performance measures - Balanced Scorecard and economic Value Added - It has asked you to prepare a summary and make a recommendation as to what performance measure should be used.

  Case study - health rates as top social issue

Health has taken over from crime as the most important social issue seen to be facing Australia, figures showed yesterday.

  Preparing an income statement calculates gross margin

Which costs will change with an increase in activity within the relevant range and Which of the following approaches to preparing an income statement calculates gross margin?

  Compare earnings per share

Southland Industries - Compare Earnings per share (EPS) for the given levels of EBIT

  Illustrate what are his deductions for and from agi

Tim has AGI of $92,000 during the year and the following expenses related to his employment. Tim is reimbursed $13,000 under his employer’s accountable plan. Illustrate what are his deductions for and from AGI?

  Illustrate what was barbell net cash flow

The statement also shows that the company has depreciation and amortization expenses equal to $50,000 and taxes equal to $120,000. Illustrate what was Barbell’s net cash flow?

  What is internal rate of return

The project would generate before tax annual cash inflows of $28,500. The tax rate is 35% and the company’s discount rate is 14%. What is internal rate of return?

  Cost of common equity and waccmidwest electric company mec

cost of common equity and wacc.midwest electric company mec uses only debt and common equity. it can borrow unlimited

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