Question
And you thought you were seconds from a clean get-a-way From the following short-form P&L, calculate/answer the following: (1) Total SRC $ and SRC %:
And you thought you were seconds from a clean get-a-way
From the following short-form P&L, calculate/answer the following: (1) Total SRC $
and SRC %: (2) Contribution $ to Overhead and CTO %; (3) EBIT %; (4) PBT %. Each correct answer is worth five (5) points
Client Revenue: $15,000,000
Direct Salary Cost: $ 4,830,000
Benefits Cost: $ 966,000 SRC $:
Incentive Comp $ 1,100,000 SRC%:
Client Service Exp. $ 1,005,000 CTO$:
CTO%:
Total OH/Operating: $ 4,830,000
Expenses
Total Expenses: $12,731,000
EBIT: $ 2,269,000 EBIT%:
Interest Expense: $ 134,000
PBT: $ 2,135,000 PBT%:
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