The ceo of smartphone apps llc is preparing a loan

Assignment Help Financial Accounting

Reference no: EM13351423

The CEO of Smartphone Apps, LLC is preparing a loan application. Using the data below (only), prepare an Income Statement. Within this Income statement, add totals for Cost of Goods Sold, Sales General, Gross Margin, and Administrative, Earnings before Taxes and Interest, Pretax Income, and Net Income. Also evaluate the Profit Margin on Sales. Submit using a spreadsheet.

Net Revenue $1,458,000

Production Labor Costs $385,444

Material Costs $247,500

Marketing $127,000

Depreciation $58,122

Research and Development $98,000

Administrative $258,300

Interest Expense $21,608

Taxes 25% of pretax Income

Slot Precision Services, Inc. has five alternative broaching processes/ machines that are being studied. Only one will be selected and the data is shown below. Recommend the choice for management that uses the internal rate of return criterion. Compare this with the decision with that of a Present Worth criterion.

Alternatives Investment in year 0 Annual Cash Flow Salvage value in last year

1 $50,000 $18,000 $0

2 $250,000 $85,000 $75,000

3 $350,000 $105,000 $125,000

4 $600,000 $150,000 $400,000

5 $800,000 $165,000 $600,000

Reference no: EM13351423

Questions Cloud

Q1 what are the three mechanisms by which disinfectants : q1. what are the three mechanisms by which disinfectants work? explain.which microbes are most susceptible versus most

Q what organism produces the disease and howwhat are the : q. what organism produces the disease and how?what are the four different locations where an anthrax infection can

Q1 a lightly anesthetized patient is still capable of : q1. a lightly anesthetized patient is still capable of spontaneously breathing and is artificially ventilated at his

Q1 the dorsal expression is maximum in the ventral part of : q1. the dorsal expression is maximum in the ventral part of the embryo and is responsible for directing the

The ceo of smartphone apps llc is preparing a loan : the ceo of smartphone apps llc is preparing a loan application. using the data below only prepare an income statement.

Q suppose the process of translation a ribosome is bound to : q. suppose the process of translation. a ribosome is bound to an mrna and has moved several codons downstream from the

Write a paper of no more than 1000 words responding to the : write a paper of no more than 1000 words responding to the questions below format the paper and presentation consistent

Q1 on july 8th a woman was given an antibiotic for : q1. on july 8th a woman was given an antibiotic for presumptive sinusitis. however her condition worsened and she was

Q a diploid cell contains three pairs of homologous : q. a diploid cell contains three pairs of homologous chromosomes designated c1 and c2 m1 and m2 and s1 and s2. no

User Account

All Pages