User Account

All Pages

What level of sales could williamson industries have obtain

Assignment Help Financial Accounting
Reference no: EM132879106

Williamson Industries has $6 million in sales and $2.950 million in fixed assets. Currently, the company's fixed assets are operating at 95% of capacity.

Problem a. What level of sales could Williamson Industries have obtained if it had been operating at full capacity? Write out your answer completely. For example, 25 million should be entered as 25,000,000. Round your answer to the nearest cent.

Problem b. What is Williamson's target fixed assets/sales ratio? Do not round intermediate calculations. Round your answer to two decimal places.

Problem c. If Williamson's sales increase 12%, how large of an increase in fixed assets will the company need to meet its target fixed assets/sales ratio?

Reference no: EM132879106

Questions Cloud

Assess value of having supplier code of conduct : Assess the value of having a Supplier Code of Conduct when outsourcing operational functions to international markets and the enforceability of such a code.
Which investment has the highest rate of return for norris : Stock A is worth $83 per share and Stock B has a value of $49 per share. Assuming neither stock paid a dividend, which investment has the highest rate of return
Which investment has the highest rate of return : Stock A is worth $58 per share and Stock B has a value of $90 per share. Assuming neither stock paid a dividend, which investment has the highest rate of return
Organizational decision making : Research, analyze and interpret the six basic steps to organizational decision making and describe each one and its importance.
What level of sales could williamson industries have obtain : If Williamson's sales increase 12%, how large of an increase in fixed assets will the company need to meet its target fixed assets/sales ratio?
Collecting artifacts and samples : What are the benefits you anticipate by collecting artifacts and samples
Managing stakeholder expectations and requirements : Identify key documents that you feel would be important to managing stakeholder expectations and requirements.
Which is not true when preparing the statement of cash flows : Which is not true when preparing the Statement of Cash Flows section of the forecasted model? Share buybacks will be reported as cash outflows for investing.
Describe the concepts of reliability and validity : Describe the concepts of reliability and validity in the context of the selection process. Why are they important. Provide an example of both and are if they ar

Reviews

Write a Review

Financial Accounting Questions & Answers

  Determine the net income that wildhorse company

Determine the net income that Wildhorse Company reported for December 2020. Wildhorse reports financial information monthly.

  Describe fraud and its impact

Describe in detail the internal control weakness in this situation. Specify what negative result could occur because of the internal control weakness.

  What is the net realizable value of accounts receivable

Coco Corp. has the following selected account balances as of 12/31/Year5: Cash $13,500 Accounts receivable $128,000 Allowance for uncollectible accounts $12,000 (NORMAL, credit balance- a negative asset) Inventory $38,000 The first transaction of Yea..

  What amounts should be considered product and period costs

A manufacturing company prepays its insurance coverage for a three-year period. The premium for the three years is $3,930 and is paid at the beginning of the first year. Sixty percent of the premium applies to manufacturing operations and 40% applies..

  Estimate cash disbursements related to purchases for month

Purchases in December 2020 are expected to be $80,800. Estimate cash disbursements related to purchases for each month of the first quarter of 2021.

  Compute the present value of outflows for bid a and b

Compute the present value of outflows for Bid A & B and then determine which bid should be accepted by Supermart Inc.

  Calculate the company net float

The company is receiving payments from its customers each day, in the form of checks, totaling P26,000. Calculate the company net float

  Prepare shamrock journal entries for the initial transaction

Shamrock, Inc. lent $11,942 to Flounder Corp., Prepare Shamrock's journal entries for the initial transaction and the collection of $12,300 at maturity.

  Recurring income and non-operating-non-recurring income

Identify the false statement regarding the format of the multi-step income statement: Generally speaking, we reconstruct or restate the income statement so that NOI represents the dividing line between operating/recurring income and non-operating/non..

  Prepare the journal entry to record the interest at june

Prepare the journal entry to record the interest at June 30, 2010. Prepare the journal entry to record the interest on December 31, 2010.

  What would be appropriate tax rate be for use in calculation

annual coupon bonds outstanding. What would be the appropriate tax rate be for use in the calculation of the debt component of LilyMac's WACC?

  Determine which journal entry reflects the transaction

Which of these transactions would produce $10,000 of expenses in December? (check all that apply) "there's more than one answer"

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