Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Calculate the ratio of variable costs to sales for a firm with $3,900,000 accounting break-even revenues, $1.6 million fixed costs, and $740,000 depreciation? What is

Calculate the ratio of variable costs to sales for a firm with $3,900,000 accounting break-even revenues, $1.6 million fixed costs, and $740,000 depreciation?

What is the accounting break-even level of revenues for a firm with $9 million in sales, variable costs of $5.4 million, fixed costs of $1.4 million, and depreciation of $1 million? (Do not round intermediate calculations.)

A firm with $780,000 fixed costs and $380,000 depreciation is expected to produce $405,000 in profits. What is its DOL? (Do not round intermediate calculations.)

A firm with 50% of sales going to variable costs, $1.6 million fixed costs, and $510,000 depreciation would show what accounting profit with sales of $4 million? Ignore taxes.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

McMillan On Options

Authors: Lawrence G. McMillan

2nd Edition

0471678759, 978-0471678755

More Books

Students also viewed these Finance questions

Question

Draw a four Vs profile for the companys products / services. Plo8

Answered: 1 week ago