User Account

All Pages

What is the break-even point in cards

Assignment Help Accounting Basics
Reference no: EM133123219

Question - Sports R Us, a producer of sports trading cards, has asked you to complete several calculations based upon the following information:

Income tax rate 35%

Selling price per unit $7.20

Variable cost per unit $5.95

Total fixed costs $52,800

Required -

a. What is the break-even point in cards?

b. How many cards must be sold to earn an after-tax net income of $21,450?

Reference no: EM133123219

Questions Cloud

Analyse and discuss one good and one bad service : Analyse and discuss one good and one bad service encounter that you have personally experienced in the last 12 months. You may have been either the service
Determine the fair value of the consideration given : The carrying amount of the liability in XYZ's books immediately before the business combination is 480,000. Determine the fair value of the consideration given
Calculate the current price of bond for State Corporation : In the secondary market, investors are now demanding a 5% return for the risk associated with this bond. Calculate the current price of the bond
Prepare the journal entry for each transaction in good form : Prepare the journal entry for each transaction in good form - Workers earned wages of $300 which will be paid in January of next year
What is the break-even point in cards : Sports R Us, a producer of sports trading cards, has asked you to complete several calculations. What is the break-even point in cards
Quebecor printing is commercial printing company : Quebecor Printing is a commercial printing company that is expanding, acquiring ailing printing companies, and moving into international markets
Prepare an income statement : Prepare an income statement, statement of changes in stockholders' equity, and a balance sheet dated December 31, Year 1, for Majka Company
Find the actual cost of sales : The operation had an opening inventory of $5,200 and closing inventory of $9,400. Find the Actual Cost of Sales
Determine the amount of net income : Castile Incorporated had a beginning balance of $3,400 in its Accounts Receivable account. Determine the amount of net income

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: +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