Scar Macks Paint Company has annual sales of $500,000 per year. If there is a profit of
Question:
Scar Mack’s Paint Company has annual sales of $500,000 per year. If there is a profit of $1000 per day, 6 days per week operation, what is the total yearly business expense? All calculations are on a before-tax bass.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 100% (13 reviews)
6 daysweek 52 weeksyear 312 ...View the full answer
Answered By
Vincent Omondi
I am an extremely self-motivated person who firmly believes in his abilities. With high sensitivity to task and operating parameters, deadlines and keen on instructions, I deliver the best quality work for my clients. I handle tasks ranging from assignments to projects.
4.90+
109+ Reviews
314+ Question Solved
Related Book For
Question Posted:
Students also viewed these Economics questions
-
Scar mack's Paint Company has annual sales of $500,000 per year. If there is a profit of $1000 per day, 6 days per week operation, what is the total yearly business expense? All calculations are on a...
-
If there is a decline in interest rate, which would you rather be holding long-term bonds or short-term bonds? Why? Which type of bond has the greater interest-rate risk?
-
If there is a strike in France, making it harder to buy French goods, what will happen to the value of the euro?
-
Consider the following types of images: i. Real, inverted and highly diminished image. ii. Real, inverted and enlarged image. iii. Virtual, erect and enlarged image. iv. Virtual, erect and diminished...
-
A delivery company has a fleet of vans. The annual operating cost C (in dollars) per van is C = 0.37m + 2600, where m is the number of miles traveled by a van in a year. What number of miles yields...
-
1. On January 1, 2012, Microsport, Inc., purchased $120,000 face value of the 9% bonds of Service Express, Inc., at 104. The bonds mature on January 1, 2017. For the year ended December 31, 2015,...
-
What are some reasons other than discrimination that might account for differences in pay for men and women doing the same type of work? Do men and woman value various benefits (like vacation time,...
-
Which, if any, of the following scenarios would support an employees claim of discrimination on the basis of national origin? a. A Dominican chambermaid in a hotel is denied promotion to front-desk...
-
I need the answer as soon as possible In 2020/21 Fraz has taxable income (after the deduction of the personal allowance) of 58,000. This is made up entirely of non-savings income. During 2020/21 Fraz...
-
Construct a payoff table for the various demand and stocking quantities. Determine the best amount to stock using regret (minimax). A market buys T-bone steaks from a universitys animal science...
-
Calculate the equity of the Gravel Construction Company if it has $1 million worth of assets? Gravel has $127,000 in current liabilities and $210,000in long term liabilities.
-
Mama L's Baby Monitor Company has current assets of $5 million and current liabilities of $2 million. Give the company's working capital and current ratio.
-
Find the sketch or graph the image of the given region under w = cos z. 0 < x < 2, 1/2 < y <1
-
The air in an automobile tire with a volume of \(0.015 \mathrm{~m}^{3}\) is at \(30^{\circ} \mathrm{C}\) and \(140 \mathrm{kPa}\) (gage). Determine the amount of air that must be added to raise the...
-
Convex Productions has just received a contract to film a commercial video that will air during a major sporting event in North America, and then be available on-demand through banner advertisements...
-
The following data (and annotations) for March 2016 are for the work in process account of the first of Olympus Companys four departments used in manufacturing its nly product. Assuming that Olympus...
-
If relative volatility can be assumed constant over the change in concentration for each fraction, Eq. \((9-13)\) can be adapted to the collection of fractions from a simple binary batch...
-
(a) Design a PI controller for Problem 8.6-4(b). (b) Design a PD controller for Problem 8.6-4(c). (c) Use the results of parts (a) and (b) to repeat Problem 8.6-4(d). Problem 8.6-4(b) (c) (d) (b)...
-
Ethnicity and pain perception. An investigation of ethnic differences in reports of pain perception was presented at the annual meeting of the American Psychosomatic Society (Mar. 2001). A sample of...
-
A simple random sample of 220 university students were asked what pasta they usually order and with which sauce. The preferences of these respondents are summarised below: Sauce Bolognese Pasta...
-
What evidence (if any) in our society do you see of a Third Wave as Toffler has described?
-
What is the difference between a revenue and a cost alternative?
-
What is meant by the term equal service?
-
What two approaches can be used to satisfy the equal-service requirement?
-
How do warehouses and distribution centers differ? What is cross-docking and why might a company choose to cross-dock a product? What kinds of products can be delivered electronically? What kinds...
-
Strawberry Inc. has historically been an all-equity firm. The analyst expects EBIT to be $1.5B in perpetuity starting one year from now. The cost of equity for the company is 11.5% and the tax rate...
-
Guzman company received a 60- day, 5 % note for 54,000 dated July 12 from a customer on account. Determine the due date on note. Determine the maturity value of the note and journalize the entry of...
Study smarter with the SolutionInn App