Ellix Company manufactures two models of ultra-high fidelity speakers, the X200 model and the X99…
Ellix Company manufactures two models of ultra-high fidelity speakers, the X200 model and the X99 model. Data regarding the two products follow:
Ellix Company manufactures two models of ultra-high fidelity speakers, the X200 model and the X99 model. Data regarding the two products follow:
KENTUCKY CORPORATION, INC. is a bookkeeping firm that helps business set up their computerized accounting systems for their business. The company charges $1,000 for the entire basic setup package and plans to file 1,500 setups next year. The company's projected income statement for the coming year is:
Sales
$1,500,000
Variable costs
1,050,000
Contribution margin
450,000
Less: fixed costs
240,000
Operating income
$210,000
1. The company is concerned about the possibility that he may actually lose money this upcoming year and wants to know how much error there is in his forecast. By how many setups can his sales drop before he starts actually losing money?
2. In terms of sales dollars, how far can revenues drop before they start losing money?
3. If the company wants to have operating income of $360,000 next year, how many setups must they process (round to the nearest whole unit)?
4. What dollar level of sales is required to achieve the operating income of $360,000?
5.The company is considering raising their sales price to $1,200 per setup. What effect (in words) will this have on the breakeven point in setups and WHY? What will be the new breakeven point in setups and revenues?
The office manager for the company has proposed that they increase advertising (a fixed cost) for the upcoming year by $90,000; she feels that this increase in advertising will lead to an increase in sales of $400,000. Assume that the sales price remains at $1,000 per setup. If the proposal is undertaken, the new breakeven point in units and sales $ would be: The company’s new projected operating income (loss) would be: Assume that the company’s tax rate is 20%. The income tax expense for the year would be: The company’s after-tax income would be: Should the company increase its advertising to this new level? Ignore income taxes in your analysis.
In the monotheistic tradition, how is the idea of the saint alike and different from the Greek idea of a hero? What are examples of Hebrew, Christian, and/or Islam saints?
1- Create an annotated bibliography regarding the learning objectives of:” CONJUGATIONS OF REGULAR VERBS IN PRETERIT FOR SPANISH CLASS”
THE ASSIGNMENT NEED CITING AT LEAST 2 RESEARCH STUDIES OR JORUNAL ARTICLES THAT SUPPORT THE LEANING TOPIC PRESENTED.
2- Review the feedback you received regarding your S.M.A.R.T. goals you identified in this week’s Discussion.(SEE ATTACHMENT)
The Assignment:
*****Compose a 2- to 3-paragraph reflection using Walden’s APA Course Paper Template in which you do the following:
ATTACHED THE FEEDBACK:
PLEASE FOLLOW INSTRUCTIONS. THERE ARE 2 PARTS: 1 THE ANNOTATED BIBLIOGRAPHY AND PAT 2 AN ESSAY FOR THE FEEDBACK. THE ASSIGNMENT AND TE FEEDBACK IS ATTACHED. BE PROFESSIONAL AND DO YOUR BEST.
5 Required information Part 5 of 15 The Foundational 15 [LO13-1, LO13-2, LO13-3, LO13-5, LO13-6] [The following information applies to the questions displayed below.] Cardinal Company is considering a five-year project that would require a $3,025,000 investment in equipment with a useful life of five years and no salvage value. The company's discount rate is 16%. The project would provide net operating income in each of five years as follows: points Sales $2,737,000 eBook Variable expenses rqin Fixed expenses: Advertising, salaries, and other fixed out-of-pocket costs Depreciation Total fixed expenses Print $ 610,000 605,000 1,215,000 $ 521,000 Net operating income References Click here to view Exhibit 13B-1 and Exhibit 13B-2, to determine the appropriate discount factor(s) using table. Foundational 13-5 5. What is the project profitability index for this project? (Round your answer to 2 decimal places.) Project profitability index LO
Practice Objective 5-5 Boots and Bags Ltd. reported a gross profit margin of 25% in 2018. Indicate which of the following items would result in an increase in the company's gross profit margin in 2019. O a. An increase in the number of boots and bags sold. O b. A decrease in the commission rate for selling each bag or pair of boots. O c. A decrease in the wholesale cost of bags. O d. A decrease in the number of customers paying promptly and not taking the company's 2% discount for paying in under 10 days. o e. An increase in the selling price of boots. o f. An increase in freight in costs. g. An increase in the wholesale cost of boots.
22. If an equipment manufacturer offers to finance equipment with a cash selling price of $26,570 for a down payment of $2,000 and then eight quarterly payments (at the end of each quarter) of $3,500 each, what annual interest rate is implicit in the arrangement? 12%
The practice has a profit-sharing plan in place for partners. Which report is the most important to determine the profit that has been earned by the practice? List at least three questions you will ask after you have examined this report.
SPRING CORPORATION
Internal Memorandum
Date: Jan 17, 2016
To: Supervisor
cc:
From: Alex Brown
Subject: REQUEST FOR PARTICIPATING IN A BUSINESS WRITING COURSE AT COLORADO TECHNICAL UNIVERSITY
I would like you to kindly allow me to attend a course on advanced business writing course which will be offered at a subsidized fee at Colorado Technical University. The course is necessary to my business administration writing niche since the usual tuition fee for studying is thrice as much. The recent debugging and contemporary coding skills required are offered in this subsidized module. However, only a few institutions issue the accreditation and for a very limited period of time, after this it will recede to the standard rates that will definitely be exorbitant (Gordon, Desjardins, & Keyes, 2013).
The usual advanced course takes an uninterrupted 7 – 8 weeks, which may seem cumbersome owing to the fact that my duties are usually required on a regular basis. On completion I will be able to handle technical business documentation, a crucial area in business writing that we have been outsourcing from an independent firm since our firm’s inception; this will help cut any related costs. In addition, the idea of me going for training was a managerial decision that was supposed to happen this year. The business writing course will also enable me to be coherent when it comes to performing business writing activities of the firm. Unfortunately, this period coincides with my intended time for official leave days, thus, will further complicate my off duty schedule. The experience will add a lot of value to the firm’s goals and objectives as a business writer. It is a two-week intense training program and since my assistant Paul has sufficient writing knowledge about our routine duties in the business area and, therefore, service delivery will be seamless. Furthermore, in the case of unexpected emergencies I will be thirty minutes’ drive away; worth mentioning, is that I will be available over the weekends to perform the routine support and back-up duties that are required of me (Iqbal, & Anwar, 2013).
I believe the training will eventually help us make a quantum leap in business administration writing in our firm; kindly consider my request in this short timeline.
References
Gordon, J., Desjardins, R., & Keyes, C. (2013). 2013—Letter from the Joint Editors. European Journal of Education, 48(1), 1-4.
Iqbal, T., & Anwar, B. (2013). Communication Strategies: A Critical Discourse Analysis of a Business Letter. Middle-East Journal of Scientific Research, 16(5), 607-613
Can someone please help me answer the question below?
Discussion Question 17-11 (LO. 2) Marmot Corporation pays a dividend of $100,000 in the current year. Otter Corporation, owns 15% of Marmot's stock. Gerald, an individual taxpayer in the 24% marginal bracket, also owns 15% of Marmot's stock. Compare and contrast the treatment of the dividend by Otter Corporation and Gerald. Click here to view the dividend received deduction to use for this question. a. Otter Corporation will be allowed a dividends received deduction equal to 50 % of the dividends it received. It will pay tax of X % on the remaining portion of the dividends. 24 . He will pay tax at b. Gerald must include in income all of the dividends the 15 % rate.
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