The sales and profit for two years were as below: (IN OMR) Sales Profit 2019 30000 10000 2020 20000 5000 What will be the correct amount of Sales required to earn a profit of OMR 20000? Select one: Oa. OMR 50000 O b. OMR 45000 O c. OMR 60000 O d. OMR 40000
Q: The sales and profit for two years are as bele Sales Profit 2019 50000 15000 2020 90000 35000…
A: Ans. PV ratio is measured by the rate of change of profit due to change in the volume of sale.
Q: The sales and profit for two years are as below: Sales Profit 2019 60000 17000 2020 90000 32000…
A: Total cost = Sales - profit 2019 = 60000 - 17000 = 43000 2020 = 90000 - 32000 = 58000
Q: The sales and profit for two years are as below: Sales Profit 2020 250000…
A: Profit is regarded as the income that is earned by the business from the sales. It is the amount…
Q: Sheffield Corp. reported the following for 2022: Income tax expense $68000 Contribution margin…
A: Introduction: Controllable cost is a variable cost that may be adjusted based on a business decision…
Q: A company is planning to expand its business is costing OMR 18189. The following cash inflows are…
A: The profitability index (PI) or the desirability index is a measure of an investment's…
Q: The manager put a plan to reduce the selling period in the (2020) by (16.7%) from the previous year…
A: Inventory turnover shows the rate by which an entity sold it goods and replaces its inventory during…
Q: How much is the consolidated profit in 2021? A. 301,000 B. 336,000 C. 310,000 D. 320,000
A: When one company acquires or buys shares of the other company the parent company has to record all…
Q: The sales and profit for two years are as below: Sales Profit 2019 60000 17000 2020 90000 32000…
A: SOLUTION- COST-VOLUME PROFIT (CVP)- IT IS CONSIDERED A DECISION MAKING TOOL THAT HELPS MANAGEMENT TO…
Q: The sales and profit for two years are as below: Sales Profit 2019 8000O 20000 2020 100000 30000…
A: Formula for sales required to earn desired profit is Fixed cost + desired profit / pv ratio
Q: required earning a profit of Omr 80000 is:
A: Under Marginal costing Profit = Sales Revenue - Total Variable cost - Total Fixed Cost We know…
Q: During 2020, Bramble Co. generated revenues of $102000. The company’s expenses were as follows: cost…
A: Gross profit: It indicates to the profit earned by the business before deducting any allowable…
Q: The sales and profit for two years are as below: Sales Profit 2019 60000 17000 2020 90000 32000…
A: Following is the answer to the question
Q: The sales and profit for two years are as below: Sales Profit 2019 50000 15000 2020 90000 35000…
A: Margin of safety is sales revenue over and above breakeven sales revenue. Breakeven sales revenue is…
Q: The following are the respective costs and revenues incurred by Company ABC COSTS for months…
A:
Q: Barry Co. has a net monetary assets of P75,000 with an quick acid test ration of 1.25. Inventories…
A: Acid Test ratio = (Current Assets - Inventory)/Current Liabilities Current ratio = Current…
Q: Approximately, what is the value of the total Present worth (where Ptotal= PA + PG) if G (arithmetic…
A: Annuity refers to series of equalized payments that are paid or received at start or ending of…
Q: The sales and profit for two years are as below: Sales Profit 2019 50000 15000…
A: Margin of Safety is sales revenue over and above its breakeven sales revenues.
Q: A company is planning to expand its business is costing OMR 23355. The following cash inflows are…
A: The Profitability Index, one of the capital budgeting techniques that take into consideration the…
Q: The sales and profit for two years were as below: (IN OMR) Sales Profit 2019 250000 15000 2020…
A: In cost volume profit relationship Contribution margin = Sales - Variable costs P/V ratio =…
Q: Find the profitability index for Oman Air conditioner Company if the initial investment is 4000 OMR…
A: Present value of cash inflows = Cash inflows x present value factor (5%, 4 years) =…
Q: The sales and profit for two years are as below: Sales Profit 2019 25000 8000…
A: computation of PV ratio Difference in profit / Difference in sales *100 3000 / 5000 *100 60%…
Q: What will be the total present value of an income flow starting with 1500TL/year in year 3 and…
A: Calculate the present value of the expected income of 1,500TL/year that grows at a 16% rate from…
Q: A company is planning to expand its business is costing OMR 21601. The following cash inflows are…
A: The profitability index shows how much time is taken to recover the initial investment made in the…
Q: The sales and profit for two years are as below: Sales Profit 2019 25000 8000 2020 20000 5000 What…
A: Variable costs are costs that changes with change in level of activity. Fixed costs are costs that…
Q: The sales and profit for two years are as below: Sales Profit 2019 250000 40000 2020 100000 10000…
A: The question is multiple choice question Required Choose the Correct Option
Q: If Going Merry Inc. has a net income of P 200,000 and a net sales of P 5,050,000 during 2020; and a…
A: Return on sales indicates how efficiently the company is converting revenue into profit. Higher rate…
Q: The following quotations are available to you. CAD 1.2610/USD, Euro 0.8309/USD, CAD 1.5/Euro…
A: This arbitrage helps to earn to the traders at that time when there is instability in market. This…
Q: Suppose that there is a customer expected to annually generate $1,500 of gross contribution. With…
A: The present value is the value of the sum received at time 0. It is the current value of the sum…
Q: If the sales this year amounted to P500,000, sales this year at last year's prices is P460,000. The…
A: In this problem we have to find profit in both conditions previous years prices and current year…
Q: Q1) A. The company manager targets to increase the current ratio in the year (2021) by 30% out of…
A: Solution to 1. A Total Asset Turnover = Sales / Total Assets 2.5 times = 2000 OMR / Total Assets…
Q: A company is planning to expand its business is costing OMR 21078. The following cash inflows are…
A: Profitability index is computed to determine the ability of the company to generate profit from the…
Q: For the following cash flow, calculate the equivalent AW. Assume i= 8% per year. Year Incomes…
A: Equivalent annual worth is the calculated by present value of annuity formula, where the present…
Q: Zack Corp. had the following information for 2019: Sales $500,000 Operating income 50,000…
A: The residual income is the excess of net income earned over the desired income to be earned.
Q: The sales and profit for two years are as below: Sales Profit 2020 60000 17000 2021 90000 32000…
A: The break-even point is the point at which the total sales of the company are equal to the total…
Q: Given the following data; TOTAL SALES OMR 250000 CASH SALES OMR 125000 SALES RETURN OMR 5000 OPENING…
A: Debtor means the amount due from customer to whom we made the credit sales.
Q: 1-Find the annual debt service in year 3 2-Find the Annual Debt Service in Year 4 3-Find the…
A: The first 3 subdivisions are answered for you. Please resubmit specifying the question number you…
Q: In 2018, the total costs of operations (excluding income tax) amounted to P1,680,000. Included in…
A:
Q: What level of sales would generate a net income of $4.2m for the following year, knowing that…
A: Net sales revenue Net sales equals total revenue minus appropriate sales returns, allowances, and…
Q: JBL expects to sell 7,000 units of wireless earbuds this year at P7,199.00 each. What is the…
A: The process of sale is not directly selling the goods into the market. It includes purchasing of raw…
Q: A company is planning to expand its business is costing OMR 24509. The following cash inflows are…
A: Profitability index is the ratio of present value of cash inflows to present value of cash outflows.
Q: The sales and profit for two years are as below: Sales Profit 2019 50000 15000…
A: Margin of Safety To understand the concept of margin of safety it was the difference between the…
Q: Venus corp has the following income statement for the year 2020 Gross sales Sales return Sales…
A: Solution: Net income before tax = P25,000 Interest expense = P30,000 Earnings before interest and…
Q: The sales and profit for two years are as below: Sales Profit 2019 50000 15000 2020 90000 35000…
A: PV ratio is profit volume ratio in business which measures that, how profit amount is changing by…
Q: A company is planning to expand its business is costing OMR 24271. The following cash inflows are…
A: Profitability Index measures the ratio between the present value of future cash flows and the…
Q: a) Calculate the payback period for both products in years and months, not as a decimal. Please…
A: Net present value (NPV) of an alternative/project refers to the variance between the initial…
Q: A company is planning to expand its business which is costing OMR 80000. The following cash inflows…
A: Profitability index is referred to as the profit investment ratio as well as value investment ratio,…
Q: Question: How much is the income or loss after tax for 2021? Kindly prepare a good presentation of…
A: Answer:- Income after tax definition:- Income after tax or profit after tax, is that amount of…
Q: Given the following data; TOTAL SALES OMR 250000 CASH SALES OMR 125000 SALES RETURN OMR 5000 OPENING…
A: Account receivable means the amount due from customer whom we sold the goods on credit.
Q: In the table below x denotes the X-Tract Company’s projected annual profit (in $1,000). The table…
A: We need to find the standard deviation of profits. Let Pn = Probability of state n Xn = Profit of…
Q: For this year 2020, Dulce Candies expects a 15% increase from 2019 sales of P75,000. It hopes to…
A: The cost of sales include the cost of goods that are sold during the period.
Step by step
Solved in 3 steps
- The sales and profit for two years were as below: (IN OMR) Sales Profit 2019 250000 15000 2020 350000 25000 What will be the correct amount of Profit when sales OMR 500000 are given? Select one: a. OMR 40000 b. OMR 30000 O c. OMR 20000 d. OMR 50000The sales and profit for two years are as below: Sales Profit 2019 80000 20000 2020 100000 30000 Calculate Sales required to earn a profit of OMR 50000: Select one: a. OMR 140000 O b. OMR 180000 O c. OMR 120000 O d. OMR 160000The sales and profit for two years are as below: Sales Profit 2019 50000 15000 2020 90000 35000 Calculate Margin of safety at a profit of OMR 22000: Select one: a. OMR 44000 b. OMR 62000 c. OMR 64000 d. OMR 72000
- The sales and profit for two years are as below: Sales Profit 2019 60000 17000 2020 90000 32000 Calculate Sales required to earn a profit of OMR 25000 Select one: O a. None of the options O b. OMR 70000 O c. OMR 76000 O d. OMR 80000The sales and profit for two years are as below: Sales Profit 2019 50000 15000 2020 90000 35000 Calculate Margin of safety at a profit of OMR 22000: Select one: Oa. OMR 62000 O b. OMR 44000 O c. OMR 72000 Od. OMR 64000The sales and profit for two years are as below: Sales Profit 2019 60000 17000 2020 90000 32000 Calculate Profit when sales are OMR 120000 Select one: a. OMR 48000 b. None of the options c. OMR 47500 d. OMR 47000
- date with security updates, fixes, and improvel 6. The sales and profit for two years are as below: Sales Profit Sales Profit 2002 150000 20000 2003 170000 25000 Calculate: (a) P/V ratio, (b) B.E.P. (e) Sales required to earn a profit of OMR 40000. (d) Margin of safely at a profit of OMR 125000 (e) Profit when sales are OMR 180000. (G) Variable costs of the two years 770 words E Englios ited StatesWhat will be the total present value of an income flow starting with 1500TL/year in year 3 and ending in year 12 appreciating at a rate of 0.16, together with a lump sum income of 50 000TL to occur in year 15 if i:0.25? О а. less than 2000 TL O b. between 2001-4000 TL Oc. between 4001-6000 TL O d. between 6001-9000 TL O e. greater than 9001 TLNAPOLEN SALES REVENUE IS $ 500000 , VARIABLE COST IS 20000 , FIXED C OST FOR THE YEAR IS $ 50000 SHOW THE NET PROFIT IN THE INCOME STATEMENT
- A company is thinking of investing in one of two potential new products for sale. The projections are as follows: Year Revenue/cost £ (Product A) Revenue/cost £ (Product B)0 (150,000) outlay (150,000) outlay 1 24,000 12,0002 24,000 25,3333 44,000 52,0004 84,000 63,333 Calculate NPV of both products (to 1 d.p.) assuming a discount rate of 7%. Which product should be chosen and why?What will be the Gross Profit at the end of the year a. 49000 b. All the options wrong c. 31000 d. 48000 e. 60700Question 3: Sobar Company's financial information is given in the table below. Year |2019 2020 Sales (OMR) Fixed Costs 405000 450000 90000 120000 Variable Costs 225000 240000 Calculate: a) P/V ratio, b) B.E.P. c) Sales required to earn a profit of OMR 40000. d) Margin of safety at a profit of OMR 50000 e) Profit when sales are OMR. 200000.