What will be the impact of an increase in selling and
administrative expenses, all other things...
What will be the impact of an increase in selling and
administrative expenses, all other things being equal, to the
following ratios?
Total debt to equity
Times interest earned
Select one:
a.
None
Decrease
b.
None
None
c.
Decrease
Decrease
d.
Increase
Increase
e.
Decrease
None
Net Sales
$8,436,500
Cost of Sales
3,374,600
Gross Profit
5,061,900
Operating, selling, and general and administrative...
Net Sales
$8,436,500
Cost of Sales
3,374,600
Gross Profit
5,061,900
Operating, selling, and general and administrative expenses
2,530,950
Operating profit
2,530,950
Interest expense, net
180,650
Income before income taxes
2,350,300
Income tax expense
470,060
Net Income
$1,880,240
james estimates that net sales will increase by 6% in
the year 2018. Cost of Sales are estimated to be 42% of net sales,
Operating, selling, general and administrative expenses are
expected to be 29% of net sales, Interest expense is expected to...
This week we focused on manufacturing costs, but selling,
general, and administrative (SG&A) costs are also...
This week we focused on manufacturing costs, but selling,
general, and administrative (SG&A) costs are also important.
Using the company you selected for the discussion forum question,
what specific types of SG&A costs would the company incur? How
would these costs be considered in product costing?
As portfolio activities are to be self-reflective, please make
sure to connect the portfolio assignment to:
Your personal experiences. Reflect on how this assignment topic
is applicable to and will benefit you.
Course readings...
I) For a given change in interest rates, bond prices will
increase more when rates decrease...
I) For a given change in interest rates, bond prices will
increase more when rates decrease than they will decrease when
rates increase.
II) The curve is steeper for higher interest rates.
III) The curve is always downward sloping.
A)I is incorrect, II, III are correct.
B)I and II are correct, III is incorrect.
C)I, II and III are correct.
D)I, III are correct, II is incorrect.
A corporation reports sales of $3,000,000, variable costs of
$1,000,000, fixed operating costs of $750,000, and...
A corporation reports sales of $3,000,000, variable costs of
$1,000,000, fixed operating costs of $750,000, and interest expense
of $250,000. The corporation's EBIT is $2,250,000 and its marginal
tax rate is 30%. If the corporation is able to increase its sales
by 25%, then
a. its EBIT will increase by 25% and its EPS will increase by
25%.
b. its EBIT will increase by more than 25% and its EPS will
increase by less than 25%.
c. its EBIT and...
QUESTION 64
The sticky-wage theory of the short-run aggregate supply curve
says that when the price...
QUESTION 64
The sticky-wage theory of the short-run aggregate supply curve
says that when the price level rises more than expected,
a.
production is less profitable and employment falls.
b.
production is less profitable and employment rises.
c.
production is more profitable and employment rises.
d.
production is more profitable and employment falls.
1 points
QUESTION 65
Other things the same, if technology increases, then in the long
run
a.
both output and prices are lower.
b.
both output...
If product "A" is considered a substitute for product "B" by the
consumer, then an increase...
If product "A" is considered a substitute for product "B" by the
consumer, then an increase in the price of "A" will eventually
result in:
A.
an increase in the quantity of "A" demanded
B.
an increase in the price of "B"
C.
a decrease in the quantity of "B" demanded
D.
a decrease in the price of "B"
For a demand relationship, the “substitution effect” refers to
the inverse relationship between price and:
A.
Demand by a consumer because...
At its $60 selling price, Atlantic Company has sales of $15,000,
variable manufacturing costs of $4,000,...
At its $60 selling price, Atlantic Company has sales of $15,000,
variable manufacturing costs of $4,000, fixed manufacturing costs
of $1,000, variable selling and administrative costs of $2,000 and
fixed selling and administrative costs of $1,000. What is the
company's contribution margin per unit?
A. $26
B. $36
C. $44