Given the income statement of ABC Company Sales P400,000 Variable Cost (120,000) Contribution margin 280,000 Fixed Costs (200,000) Profit before taxes 80,000 Income Tax (20,000) Net Income Р 60,000
Q: LL Required Information The following information applies to the questions displayed below.]…
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Q: Given a net income of $50,000, sales of $2,000,000, variable costs of S25,000, fixed operating costs…
A: Formula: Degree of operating leverage = ( Sales value - Variable cost ) / ( Sales value - Variable…
Q: The contribution format income statement for Huerra Company for last year is given below:…
A: Since you have posted question with multiple sub-parts , we will do the first three sub-parts for…
Q: Sales (75,000units) P 750,000 Variable costs 225,000 Contribution margin P 525,000 Fixed…
A: Degree of financial leverage = EBIT / EBT EBIT = EBT+ Interest
Q: Beck Inc. and Bryant Inc. have the following operating data: Beck Inc. Bryant Inc. Sales $275,600…
A: From the provided image only Part B is incorrect , we are answering only part B.
Q: Given the following data: average operating assets $250,000 total liability $100,000 sale…
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Q: red: Construct the company’s contribution approach income statement and determine the net income of…
A: To construct the company’s contribution approach income statement and determine the net income of…
Q: If the contribution margin ratio for France Company is 32%, sales are $488,000, and fixed costs are…
A: Contribution margin = Sales x contribution margin ratio Operating income = Contribution margin -…
Q: A company requires P1,020,000 in sales to meet its net income target. Its contribution margin is…
A: Formulas Sales × pv ratio = contribution Contribution - fixed cost = net income
Q: Given the following for Silver Company in 2019: revenues P5,300,000, manufacturing costs P2,200,000…
A: Solution-54 Sales Revenue P53,00,000 Variable costs: Variable manufacturing costs…
Q: The contribution margin ratio of Donath Corporation's only product is 65%. The company's monthly…
A: Contribution margin ratio = 65% Fixed expense = $573,300 Target profit = $9,100
Q: Accounting Assume a company reported the following results: Sales $ 400,000 Variable expenses…
A: Lets understand the meaning of residual income. Residual income is an income earned over minimum…
Q: The February contribution format income statement of Mcabier Corporation appears below: Sales $…
A: Degree of operating leverage (DOL): DOL reflects variable and fixed cost relationship of an…
Q: The following information is available for Wade Corp.: Sales…
A: CVP Income Statement is represented as sales less variable cost which comes to contribution margin…
Q: A company provided the following results from It's operations: Total Sales $400,000 Variable…
A: Lets understand the basics. Contribution margin is a margin generated from sales. Contribution…
Q: Patricia Company earned P 40,000 on sales of P 400,000. It earned P 55,000 on sales of P 450,000.…
A: Answer: Correct option is option (d) P 80000 Let us suppose variable cost to be x and hence…
Q: Sales (30,000 balls) ..... Variable expenses Contribution margin.... Fixed expenses Net operating…
A: Degree of operating leverage (DOL): DOL reflects the variable and fixed cost relationship of an…
Q: Sales revenue (6,000 units) $150,000 Cost of goods sold:…
A: Total Contribution Margin = Sales - All Variable Cost
Q: Based on the below data, compute for the Degree of Financial Leverage: Sales…
A: Formula: Degree of Financial Leverage = EBIT / EBT
Q: Beck Inc. and Bryant Inc. have the following operating data: Beck Inc. Bryant Inc. Sales $1,250,000…
A: Beak Inc. Bryant Inc. Sales $12,50,000 $20,00,000 Variable costs -$7,50,000 -$12,50,000…
Q: Sales 13,000,000 Variable expenses 8,600,000 Contribution margin 4,400,000 Fixed expenses 2,940,000…
A: Minimum required return = $8,000,000 x 15% = $1,200,000
Q: Belowis an income statem ent for NUBD Company: Sales P400,000 (120,000) Contribution margin P280,000…
A: Contribution margin ratio = Contribution margin / sales = 280000/400000 = 70%
Q: The statement of comprehensive income of Blanche Company for the current year is presented below…
A: Degree of operating leverage in the business shows how much operating income or income before taxes…
Q: Given the following income statement for OR company for 20X4: Sales (30,000 units)…
A: Degree of operating leverage = contribution margin / (contribution margin - fixed cost) Contribution…
Q: Assume a company reported the following results: Sales Variable expenses Contribution margin Fixed…
A: Actual income=operating assets×Minimum return
Q: Davidson company has sales of 100,000 variable cost of goods sold od $40,000 variables seeing…
A: Contribution Margin: The contribution margin is the difference between a product's selling price…
Q: Product P has a sales of 80,000 units per annum and other details as follows: Material=4,80,000…
A: Every product produced has to be priced appropriately based on cost and market conditions. Pricing…
Q: Assume a company reported the following results: Sales Variable expenses Contribution margin Fixed…
A: Residual income: Residulal income means excess of income earned over the desired income. Desired…
Q: Sales (75,000units) P 750,000…
A: Degree of financial leverage = EBIT / (EBIT - Interest)
Q: HASF Ink Ltd income statement for the preceding year is presented below except as noted the cost /…
A: Given: For the preceding year the HASF Ink ltd having the cost/revenue relationship following the…
Q: Salt Corporation's contribution margin ratio is 75% and its fixed monthly expenses are $55,000.…
A: Formula: Net operating income = Contribution margin value - Fixed expenses. Deduction of fixed…
Q: Required information [The following information applies to the questions displayed below.] The…
A: 1. Residual Income - Residual income is income that one continues to receive after the completion of…
Q: How much is controllable margin? NUBD Manufacturing reported the following items for 2021: Income…
A: The controllable margin is calculated as difference between contribution margin and controllable…
Q: Statement of Comprehensive Income for Brooklyn Company for the current year is Sales P750,000…
A: Since we only answer up to 3 sub-parts, we’ll answer the first 3. Please resubmit the question and…
Q: The degree of financial leverage is
A: An organization’s ability to meet its long-term commitments and the impact on its profit-making…
Q: Carbbean Company sold 100,000 gizmos at $12 each. Fixed costs were $300,000 and net income was…
A: As per the CVP income statement, the contribution margin is determined after deducting variable…
Q: Sales (30,000units) P 150,000…
A: Degree of operating leverage = Contribution / (contribution - fixed cost)
Q: The condensed income statement for a PiggyPink Ltd. for the past year is as follows:…
A: A B C Total Sales $350,000 $210,000 $340,000 $900,000 Costs:…
Q: Sales (75,000units) P 750,000…
A: Degree of combined leverage = Contribution /EBT
Q: Beck Inc. and Bryant Inc. have the following operating data: Beck Inc. Bryant Inc. Sales $275,600…
A: The operating leverage is calculated as contribution margin divided by operating income.
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A:
Q: 1. The following CVP income statements are available for ABC Company and XYZ Company. АВС Соmpany…
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Q: If Busby Corporation's variable cost ratio is 0.75, targeted after tax net income is $27,580 (tax…
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Q: Belowis an income statement for NUBD Company: P 400,000 (120.000) Contribution margin P280,000…
A: Contribution Margin Ratio = Contribution MarginSales × 100 = P280,000P400,000×100 = 70% Break Even…
Q: he following CVP income statements are available for Cullumber Corp. and Ivanhoe Cullumber Ivanhoe,…
A: COST VOLUME ANANLYSIS is used to do analysis of how changes that has took place in cost and volume…
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A: Solution: Target after tax income = P150,000 Target before tax income = P150,000 / 85% = P176,471…
Q: A company’s contribution approach income statement showed net operating incomeof $4,000, and fixed…
A: Contribution margin: Difference between the sales and the variable costs is called contribution…
Q: V. A company’s contribution format income statement for the previous follows: Amount Sales…
A: Solution:- a) Computation of the company’s degree of operating leverage as follows:- Formula:-…
Q: Consider the following summary modified income statement for Tech Inc.: Sales $593,000 Variable…
A: Degree of operating leverage can be calculated by using this equation. Degree of operating…
1. What was ABC's break even point in pesos?
2. What was ABC's margin of safety?
3. What was ABC's degree of operating leverage?
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- A company has pre-tax or operating income of $120,000. If the tax rate is 40%, what is the companys after-tax income? A. $300,000 B. $240,000 C. $48,000 D. $72,000Brandt Corporation had sales revenue of 500,000 for the current year. For the year, its cost of goods sold was 240,000, its operating expenses were 50,000, its interest revenue was 2,000, and its interest expense was 12,000. Brandts income tax rate is 30%. Prepare Brandts multiple-step income statement for the current year.How much is controllable margin? NUBD Manufacturing reported the following items for 2021: Income tax expense P 30,000 Contribution margin 100,000 Controllable fixed costs 60,000 Interest expense 20,000 Total operating assets 325,000
- The figures shown in the table below are an extract from the accounts of Ridgeway (capital employed is$1.5m).$Revenue 1,000,000Cost of sales 400,000Gross profit 600,000Distribution expenses and administration cost 300,000Profit before interest and tax 300,000Finance cost 50,000Profit before tax 250,000Income tax expense 100,000Profit after tax 150,000What is the return on capital employed (ROCE)?Oreo reported the following for the period:Sales P1,000,000Cost of Sales P300,000Operating expenses P100,000Determine the OSD assuming that Oreo is a corporationGiven the following data: average operating assets $250,000 total liability $100,000 sale $600,000 contribution margin $150,000 net operating income $30,000
- Data for the wholesale products division of ABC Co. are as follows: Earnings before interest and taxes P30,000,000; Depreciation expense P10,000,000; Interest Expense P1,000,000; Change in net working capital P5,000,000; Capital expenditures P4,000,000; Invested capital P50,000,000; Weighted average cost of capital 10%; Tax rate 30%. Considering the impact of income tax, the economic value added by the division must be nearest to P15,300,000 P16,000,000 P16,300,000 P25,000,000 P30,000,000The following information relates to Maine, Inc.: Total assets P9,000,000 After-tax operating income 1,500,000 Current liabilities 800,000 If the company has a 10% weighted-average cost of capital, its economic value added would be:A company’s contribution approach income statement showed net operating incomeof $4,000, and fixed expenses of $10,000. How much contribution margin did thecompany earn?a. $29,000b. $15,000c. $19,000d. $14,000
- Casey Motors recently reported the following information: Net income = $750,000. Tax rate = 25%. Interest expense = $200,000. Total invested capital employed = $9.3 million. After-tax cost of capital = 10%. What is the company's EVA? Answer options are provided in whole dollar.Based on the information Income Statement and Balance Sheet of company ABC: Income statement Current Period Previous Period Sales Revenue 450,000 400,000 Less Cost of sales 200,000 200,000 Gross Profit 250,000 200,000 Less expenses Salary Expenses 60,000 68,000 General Expense 40,000 48,000 Interest expense 8000 7000 Depreciation 20,000 15,000 128000 338,000 Profit before tax 122,000 62,000 Taxation 33,000 25,000 Net profit 89,000 37,000 Balance Sheet Current Period Previous Period Assets Cash 50,000 20,000 Accounts…The following data are taken from the records of Dove Company, a division of Oasis Corporation for the year ended December 31, 2021 Sales 120,000,000.00Less: Variable Cost and Expenses 8,000,000.00Contribution Margin 4,000,000.00Less:: Direct Fixed Cost and Expenses 1,000,000.00Segment Income 3,000,000.00 The company used an average assets of P8,000,000.00 in 2021. The cost of capital is 12% Calculate the following:1. Return on Sales2. Asset Turnover3. ROI4. Residual Income
