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- As a result of an increase in demand for a town’s car parking facilities, the owners ofa car park are reviewing their business operations. A decision has to be made nowto select one of the following three options for the next year:Option 1 : Make no change. Annual profit is RM150, 000. There is littlelikelihood that this will provoke new competition this year.Option 2 : Raise prices by 50%. If this occurs there is a 75% chance that anentrepreneur will set up in competition this year. The Board’sestimate of its annual profit in this situation would be as follows:2A WITH new competitor 2B WITHOUT new competitorProbability Profit (RM) Probability Profit (RM)0.3 200, 000 0.5 250, 0000.4 170, 000 0.3 200, 0000.3 130, 000 0.2 150, 000Option 3 : Expand the car park quickly, at a cost of RM50, 000, keeping pricesthe same. The profits are then estimated to be like 2B, above, exceptthat the probabilities would be 0.6, 0.3 and 0.1 respectively.Requireda) Draw a decision tree for this problem,…Mishap has a gross income of $43,360. She owns a condominium and donates to charity, but there's no way her tax deductible expenses come close to the standard deduction of $12,000. During a cold snap in the winter she donates an extra $500 to the local homeless shelter, a registered charity. How much will this donation save her on her taxes?An investor has patented a new device, and a bank is willing to lend the money to manufacture the device. Preliminary investigation establishes a suitable planning period of 5 years for the comparison of payoffs from this invention. According to the investor’s analysis, profit of $800,000 can be anticipated over the next 5 years if sales are strong; if sales are average, the investor can expect to make $200,000; and if sales are week, the investor expects to loss $50,000. Nationwide Enterprises, Inc. has offered to purchase the patent rights. Based on royalty arrangement, the inventor estimates that selling the patent rights may well bring a net profit of $400,000 if sales are strong, $70,000 if sales are average and $10,000 if sales are week. On the basis of extensive investigation of past experience with similar devices, the investor assigns the probabilities for strong, average, and week sales to be 0.2, 0.5, and 0.3 respectively. 1. Setup the payoff table for the inventor’s…
- 20 - What is the positive difference that occurs by subtracting the total expenses incurred from the total revenues of the business? a) Snow B) Investment NS) Growth D) Capital TO) Damagero forma income statement. Given the income statement , for California Cement Company for 2013 and an expected sales growth rate of 6.67% for 2014, prepare a pro forma income statement for 2014. First, find the percentage of each income statement line from 2013 as a percent of sales. (Round to three decimal places.) California Cement Company Income Statement for 2013 Sales revenue $ 22,869,000 Cost of goods sold $ -11,637,000 Selling, general, and administrative expenses $ -3,993,000 Depreciation expenses $ -1,331,000 EBIT $ 5,908,000 Interest expense $ -175,000 Taxable income $ 5,733,000 Taxes $ -2,512,462 Net income $ 3,220,538 What is the sales forecast for 2014? (Round to the nearest dollar.) The pro forma income statement for 2014 is: (Round to the nearest dollar.) California Cement Company Pro Forma Income Statement for 2014 Sales revenue $ ? 100.00% Cost of goods sold $ ? 50.885 %…b. Based on this extrapolation, when would Amazon be predicted to equal Walmart in revenue?c. Why has Amazon been growing faster than Walmart? Is the slow growth of Walmart related to the rapid growth of Amazon?
- b. Based on this extrapolation, when would Amazon be predicted to equal Walmart in revenue? c. Why has Amazon been growing faster than Walmart? Is the slow growth of Walmart related to the rapid growth of Amazon?While preparing a flexible budget, direct material, direct labour and direct expenses are placed under which among the following head? a. Administration cost b. Semi variable cost c. Variable cost d. Fixed costIn 2011, the fixed costs of a company were $500,000, and its variable costs equaled $150,000. In 2010, the company made an annual profit of $200,000. It has been predicted that, despite a steady growth, the company's variable costs will likely equal $300,00 by 2013. The total costs of the company in 2011 were
- 4. What is expected value and how could it be used in a Real Estate Company? Provide a rationale and example with your decision.Describe how an incentive payment made in one year will affect base pay in the nest year. Need explanation, no plagrisum Thank you advance.When reviewing a Profit and Loss report in QuickBooks Online, which report option will quickly show a client income and expenses incurred over the past two years? A. Collapse / expand B. Compare another period > Year-to-date (YTD) C. Compare another period > Previous year (PY) D. Group by E. Sort
