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od revenue to achieve the target operating income and compan Compute the required r. on income statement to tement to prove the totals. bution incon

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od revenue to achieve the target operating income and compan Compute the required r. on income statement to tement to prove the totals. bution incon + Exercise 183: Target Operating Income Assignment Exercise 18. Medical Supply Company desires a target operating income amount of $100 Acme Medical ssumption inputs as follows: Desired (target) operating income amount = $100,000 Unit price for sales = $80 Variable cost per unit = $60 Total fixed cost = $60,000 Compute the required revenue to achi uibution income statement to prov the required revenue to achieve the target operating income and ement to prove the totals. Assignment Exercise 13-3: Finding the Present Value (with a Present-Value Table ying to find the present Part 1-Dr. John Whitten is still figuring out his equipment fund. According to his calcula he needs $250,000 to be accumulated six years from now. John is now trying to find the value of the $250,000. He continues to assume an interest rate of 5%. Required Compute the present value of $250,000 accumulated fifteen years from now. Assume an inu rate of 5%. (Use the Present-Value Table appearing in Appendix 13-A at the back of this chapte Part 2 John doesn't like the answer he gets. What if he can raise the interest rate to 7%? How much difference would that make? Required Compute the present value of $250,000 accumulated fifteen years from now assuming an inter est rate of 7%. Compare the difference between this amount and the present value at 5%. Example 13D: Internal Rate of Return Review the chapter text to follow the steps set out to compute the internal rate of return. Practice Exercise 13-IV: Internal Rate of Return Metropolis Health System (MHS) is considering purchasing a tractor to mow the grounds, It would cost $16,950 and have a 10-year useful life. It will have zero salvage value at the end of

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