Sales Revenue is 110,000 and total expense is 142,660 Determine the Expense-to-Sales Ratio from the Income...
Sales Revenue is 110,000 and total expense is 142,660
Determine the Expense-to-Sales Ratio from the Income Statement using 2008 figures. For this calculation, use Total Revenues for "sales revenue" and Total Expenses for "expense." Remember, your answer must be a percentage, because you're multiplying it by 100.
Homework Answers
The expense to sales ratio helps in determining the relationship between expenses and sales of the company. It can be calculated as follows:
Total expenses / Total Sales * 100
= $142,660 / $110,000 * 100
= 129.70%
The expenses of the company is higher than the revenue at $142,660.
Add Answer to:
Sales Revenue is 110,000 and total expense is 142,660
Determine the Expense-to-Sales Ratio from the
Income...
Calculate: 1)Contribution margin (CM)ratio and variable expense ratio. 2)Break-even point (BEP)...
Calculate:
1)Contribution margin (CM)ratio and variable expense ratio.
2)Break-even point (BEP) in UNIT SALES and RM ( ) using equation
method.
3)If sales increase by RM60,000 for the next month and there is no
change in the cost behavior patterns, how much will the company’s
net operating increase by using the Contribution Margin
(RM)Ratio.
4)Based on the original data, if the company wants to earns a
minimum profit of RM300,000, HOW many units will have to be sold to
meet...
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Calculate:
1)Contribution margin (CM)ratio and variable expense ratio.
2)Break-even point (BEP) in UNIT SALES and RM ( ) using equation
method.
3)If sales increase by RM60,000 for the next month and there is no
change in the cost behavior patterns, how much will the company’s
net operating increase by using the Contribution Margin
(RM)Ratio.
4)Based on the original data, if the company wants to earns a
minimum profit of RM300,000, HOW many units will have to be sold to
meet...
mework:Chapter 10 Saved Cost of sales Income taxes Interest expense Net earnings Sales Earnings before income taxes Selling, general, and administration expense Other revenues Total expenses Total revenues $ 44,814 623 303 1,143 55,371 1,766 8,504 53,621 55,387 Prepare an income statement for the year ended June 30, current year. (Enter your SYSCO CORP. Income Statement (in millions) Revenues: Total revenues 55,387 Prepare an income statement for the year ended June 30, current year. (Enter your answ SYSCO CORP. Income...
Calculator Sales Revenue Approach, Variable Cost Ratio, Contribution Margin Ratio Paragon Company's controller prepared the following budgeted income statement for the coming year: Sales $490,000 Total variable cost 302,950 Contribution margin $187,050 64,800 Total fixed cost Operating income 122,250 Required: If required, round ratios to the nearest whole percent. Use rounded amounts in subsequent requirements. Round dollar amounts to the nearest dollar. 1. What is Paragon's variable cost ratio? What is its contribution margin ratio? Variable cost ratio Contribution margin...
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