A proposed new investment has projected sales of $844,000. variable costs are 53 percent of sales, and fixed costs are $188,080; depreciation is $100,500. assume a tax rate of 30 percent. what is the projected net income? (do not round intermediate calculations and round your answer to the nearest whole number,
e. g., 32.) net income $
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “A proposed new investment has projected sales of $844,000. variable costs are 53 percent of sales, and fixed costs are $188,080; ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
If there are 10 plants producing the total domestic consumption of a product and each plant is operating at minimum efficient scale, then each plant accounts for what percentage of domestic consumption? A. 5 percent B. 10 percent C. 20 percent D.
Answers (1)
If the nominal exchange rate (expressed as foreign currency per unit of the domestic currency) rises 5%, domestic inflation is 2%, and foreign inflation is 3%, what is the approximate percent change in the real exchange rate?
Answers (1)
In the past year, TVG had revenues of $3 million, cost of goods sold of $2.5 million, and depreciation expense of $200,000. The firm has a single issue of debt outstanding with a face value of $1 million, market value of $.
Answers (1)
Purchase discounts are the same as trade discounts true or false
Answers (1)
Bramble Corp. applies overhead on the basis of 200% of direct labor cost. Job No. 501 is charged with $240000 of direct materials costs and $300000 of manufacturing overhead. The total manufacturing costs for Job No. 501 is
Answers (1)
New Questions in Business
Green Frog is an environmentally friendly firm in the cosmetics industry that has decided to undertake a strategic planning project.
Answers (1)
Mike and Sara are both from the same country and share the same culture. The communication that takes place between them would be classified as: a. intracultural communication. b. intrapersonal communication. c. ethnocentric communication. d.
Answers (1)
With a traditional savings account, you could be charged a fee if: AYou deposit too much money at once BYou open an account online CYou withdraw money too often DYou close the account
Answers (1)
Most communication roadblocks are associated with which type of communication style? Assertive Passive Passive aggressive Aggressive
Answers (2)
Southland Company is preparing a cash budget for August. The company has $17,000 cash at the beginning of August and anticipates $120,000 in cash receipts and $130,000 in cash disbursements during August.
Answers (1)