What is the pretax income

Assignment Help Accounting Basics
Reference no: EM13689005

Question: 1. A product sells for $200 per unit, and its variable costs per unit are $130. The fixed costs are $420,000. If the firm wants to earn $35,000 pretax income, how many units must be sold?

 

Question 2: Hiller Co. anticipates total fixed costs of $120,000 and variable costs equal to 40% of sales. What is the pretax income if sales are $650,000? 

Reference no: EM13689005

Questions Cloud

How much should you be willing to pay for this stock : In addition, you expect to sell the stock for $150 at the end of Year 2. If your expected rate of return is 16 percent, how much should you be willing to pay for this stock today?
At what minimum angle will you get total internal reflection : At what minimum angle will you get total internal reflection of light traveling in benzene and reflected from fluorite
Find the energy levels : A H2 molecule can be approximated by a simple harmonic oscillator having spring constant k= 1.1 x 1033 N/m.  Find the energy levels
How far does the car travel before it stops : A car traveling at 20 m/sec brakes with a constant deceleration of 10m/sec^2, how far does the car travel before it stops
What is the pretax income : Hiller Co anticipates total fixed costs of $120,000 and variable costs equal to 40% of sales. What is the pretax income if sales are $650,000?
How much energy is stored in this inductor : How much energy is stored in this inductor when 21.5 A of current flows through it
Find what is the wavelength of the light : In a double-slit experiment, the second-order bright fringe is observed at an angle of 0.57°. If the slit separation is 0.12 mm, then what is the wavelength of the light
How does the maximum amount of kinetic energy : During SHM, How does the maximum amount of kinetic energy compare to the maximum amount of potential energy
How fast does the wave move along the string : A transverse wave on a string is described by the equation y(x, t) = (2.12 cm) sin[(101 rad/s)t + (14 rad/s)x]. How fast does the wave move along the string

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