New contribution margin = $70 Break-even point in passengers = fixed costs/contribution margin Passengers = 45,000 Train cars = 715 e) Springfield Express has experienced an increase in variable cost per passenger to $ 85 and an increase in total fixed cost to $ 3,600,000. The company has decided to raise the average fare to $ 205. If the tax rate is 30 percent, how many passengers per month are needed to generate an after-tax profit of $ 750,000? Before Tax Needed Profit = $1,071,428.57 Before Tax Needed Contribution Margin = $4,671,428.57 Contribution Margin per Customer = $120 Number of Customers Needed = 38,928.57 Whole Number of Customers Needed = 38,929
Case Study Decision case 13-5: Acquisition Case GB518 Financial Accounting Principles and Analysis 1. To determine the liquidity of Heavy Duty Tractors the following measures were used. * The working capital was calculated by subtracting current liabilities from current assets. Working capital 2007: $215,180,000 - $126,250,000 = $88,930,000 Working capital 2008: $324,120,000 - $162,300,000 = $161,820,000 From this, we can see between the two years the working capital almost doubled between 2007 and 2008. * The current ratio = Current asset/Current liabilities Current ratio 2007 = $215,180/$126,250 =1.70 to 1 Current ratio 2008 = $324,120/$162,300 = 2.00 to 1 Between the years of 2007 and 2008, the current ratio increased.
Total asset turnover for SciTronics in 2008 can be calculated by dividing $ 244,000 into $ 159,000. The turnover deteriorated from 1.58 times in 2005 to 1.53 times in 2008. 2. SciTronics had $ 66,000 in accounts receivables at year/end 2008. Its average sales per day were $ 668.49 during 2008 and its average collection period was 99 days.
The net cash inflow and cash outflow are calculated using sales and production figures for the next 8 years. The unit cost from the first year is £0.89 which is the cost per mashing without depreciation and divided by 13,000 bottles. From this information provided, the cost will increase by 3.5% and also the selling price will increase by 4% every year (reference 4). These figures are based on the current rate inflation of 4% which is shown in appendix 9 The capital allowances are worked out on cased of 20% (Reference 5) and the annual investment allowance is £100,000 is available (Reference 6) in the first year which is restricted to £87,359. This figure is substrated from the acquisition giving a result of £332,641 which is the written down value.
$0 2. $10,000 3. $25,770 4. $26,700 2. A company leases a machine on January 1, Year One for five years which call for annual payments of $4,000 for the first year and then $10,000 per year after that.
• Prepaid expenses increased $150,000 during the year. • Accounts payable to suppliers of merchandise decreased $340,000 during the year. • Accrued expenses payable decreased $100,000 during the year. • Operating expenses include depreciation expense of $70,000. Instructions Prepare the operating activities section of the statement of cash flows for the year ended November 30, 2015, for Whitlock Company, using the indirect method.
Stock Number Annual $ Volue J24 12,500 R26 9,000 L02 3,200 M12 1,550 P33 620 T72 65 S67 53 Q47 32 V20 30 What are the appropriate ABC groups of inventory items? (4 points) Stock Number Annual $ Volume % of Annual Volume % of Total Class: J24 12,500 46.21 79.48 A R26 9,000 33.27 L02 3,200 11.83 19.85 B M12 1,550 5.73 P33 620 2.29 T72 65 0.24 0.67 C S67 53 0.20 Q47 32 0.12 V20 30 0.11 Total Annual Volume 27,050 Problem 2: Assume you have a product with the following parameters: Holding cost per per unit Order per order What is the EOQ? What is the total cost for the inventory policy used? (4 points) Problem 3: Assume that our firm produces type C fire extinguishers. We make 30,000 of these fire extinguishers per year.
In 2011, the debt was over 14 trillion and is expected to rise in later years. In 1940, the debt began at 50 billion. These next few graphs illustrate how the national debt has risen or fallen in a given year. The numbers in these charts are percent changes in the national debt. The first chart shows the top ten years for increases in national debt from the previous year’s debt.
The prediction of energy consumption according to the American Energy Information Administration or EIA as of 2003 shows that worldwide use of energy in 2003 was 421 quadrillion British thermal units (BTU’s). Fast forward to 2015, and the prediction increases to an astounding 510 quadrillion British thermal units. By 2030 the projection shows worldwide energy use to hit 722 quadrillion British thermal units. The yearly increases of two percent will double consumption by 2030. Peak oil is when maximum rate of petroleum extraction is reached, after which a decline in production occurs .World oil peaked in July of 2008 at 74.74 barrels of oil per day.
What is it about starbucks coffee that makes it better than dunkin donuts coffee. Although many people argue about which coffee is better. Starbuks is the clear winner. supports of dankin donuts will disagree, they belive that their products are far superior because it cost less and they are the king of donuts. According to Squidoo.com starbuks is an international company that has 17009 branches all over the world (2011).