What are the required sales

Assignment Help Accounting Basics
Reference no: EM131969008

Question - Montoya Manufacturing has fixed costs of $2,500,000 and variable costs are 40% of sales. What are the required sales if Montoya desires net income of $250,000?

a. $4,583,333

b. $4,166,667

c. $6,875,000

d. $6,250,000

Reference no: EM131969008

Questions Cloud

What is the yield of the ford stock : The Ford Motor Company stock is currently selling for $13.41 and will be paying dividends of $.60 per share. The dividend 4 years ago was $.20.
What is the present value of recurring net free cash flows : In the early 2000s, GE Company acquired two companies, Ionics and In-Vision. Ionics was acquired for $1.3 billion (a 48% premium) and In-Vision for $900.
Find the hassans madhatters total assets : Last year, Hassan's Madhatter, Inc., had an ROA of 7.8 percent, a profit margin of 11.18 percent, and sales of $30 million.
Calculate the actual return on duncan : The Duncan company's stock is currently selling for $15. People generally expect its price to rise to $18 by the end of next year.
What are the required sales : Montoya Manufacturing has fixed costs of $2,500,000 and variable costs are 40% of sales. What are the required sales
Research a person who has committed a white-collar crime : Different theories exist about why individuals become white-collar criminals. Research a person who has committed a white-collar crime.
What is its npv and should the firm buy the computer : The computer system is expected to provide additional revenue of $16,000 per year for the next four years.
What is the expected return on an investment : The Duncan company's stock is currently selling for $15. People generally expect its price to rise to $18 by the end of next year.
Devices violates employee privacy : There are no laws preventing companies from monitoring employees' use of social media, the Internet, and GPS-enabled devices during working hours.

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.

  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!

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