What was the value of depreciation expenses

Assignment Help Financial Management

Reference no: EM131321015

Income Statement- Precision Systems had sales of $820,000, costs of goods of$510,000, selling and administrative expenses of $60,000 and operating profit of $103,000.

What was the value of depreciation expenses?

Set problem up as partial income statement and determine depreciation expenses as the plug figure.

Reference no: EM131321015

Questions Cloud

Analysis of needs and assets for the program : Brief descriptive overview of the program that includes a few summary sentences and identifies the target population. Analysis of needs and assets for the program including data that supports this description of the problem. Description of the progr..

Define line extension : Define line extension. Why do marketers do them? Give specific examples. What is cohort effect? What is the current cohort called and why?

What the demographic characteristics of your target market : What are the demographic characteristics of your target market and why are they important? Where is your target market located geographically and why is that important? What psychographic characteristics define your target market? How do these impact..

What is difference in cash flow between the two companies : Depreciation and Cash Flow- Rogers Corporation has a gross profit of $880,000 and $360,000 in depreciation expenses. The Evans Corporation also has $880,000 in gross profit, with $60,000 in depreciation expenses. Selling and administrative expenses i..

What was the value of depreciation expenses : Income Statement- Precision Systems had sales of $820,000, costs of goods of$510,000, selling and administrative expenses of $60,000 and operating profit of $103,000. What was the value of depreciation expenses? Set problem up as partial income state..

Describe how marketing efforts and marketing mix will change : Topic: Target's permanent Layaway Plan, Describe how your marketing efforts and marketing mix will change with each phase in the product life cycle

Advantages of internet-based survey research : 1. What are the advantages of Internet-based survey research over traditional survey research? 2. Conduct an online search for "green awards" to learn about the various awards programs recognizing environmental consciousness and sustainable practi..

Modify name field on your isp form so that is now text field : Modify the Name field on your ISP form so that is now two text fields - one for ‘First Name and one for ‘Last Name'. The second password field should be labeled "Confirm Password".

Discuss how you have planned for your retirement so far : Discuss how you have planned for your retirement so far, whether you are on track to reaching your goals, and what changes you need to make. Are there any specific ideas that will help you reach your goals and if so, discuss.

User Account

All Pages