Hello, can someone please
explain to me how to solve for a historical data! I tried to solve
for the % of sales but the rest am having hard time with. Can you
please explain. thank you
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Hello, can someone please
explain to me how to solve for a historical data! I tried...
Hello, the answer is $3.64 Can someone please explain this step by step? I have tried...
Hello, the answer is $3.64
Can someone please explain this step by step? I have tried this
problem several times with no luck.
Jostens Co. had 200,000 shares of common stock, 20,000 shares of convertible preferred stock, and $1,000,000 of 10% bonds outstanding during 2017. The preferred stock is convertible into 20,000 shares of common stock. During 2017, Jostens paid dividends of $1.20 per share on its common stock and $2.50 per share on its preferred stock. Each $1,000 bond...
Hello! Can someone explain how to solve this problem? I could not solve it and need...
Hello! Can someone explain how to solve this problem? I could
not solve it and need to in order to move forward with the
assignment.
Thanks!
Texas-Q Company produces and sells barbeque grills. Texas-Q sells three models: a small portable gas grill, a larger stationary gas grill, and the specialty smoker. In the coming year, Texas-Q expects to sell 20,800 portable grills, 52,000 stationary grills, and 5,200 smokers. Information on the three models is as follows: Portable Stationary Smokers Price...
Please teach me how to solve it too. I want to know the process. Marin Inc....
Please teach me how to solve it too. I want to know the
process.
Marin Inc. reported income from continuing operations before taxes during 2017 of $2,125,000. Additional transactions occurring in 2017 but not considered in the $2.125.000 are as follows. 1. Again of $121,000 (pretax) as a result of selling securities from its investment portfolio. 2. A $18,000 loss before taxes as a result of operating the discontinued clothing division during 2017 3. A loss of $62,000 before taxes...
Hello! Can someone please show me how to solve this and give me a step by...
Hello! Can someone please show me how to solve this and give me
a step by step explanation for my reference.
Thank you!
Break-Even Units, Contribution Margin Ratio, Margin of Safety Khumbu Company's projected profit for the coming year is as follows: Total Per Unit Sales $1,539,000 $28.50 Total variable cost 615,600 11.40 Contribution margin $17.1 $923,400 Total fixed cost 560,196 $363,204 Operating income Required: 1. Compute the break-even point in units. If required, round your answer to nearest whole...
Can someone explain how to solve where the red X's are? I have tried everything Prepare...
Can someone explain how to solve where the red X's are? I have
tried everything
Prepare Powder's statement of shareholders' equity (include retained earnings) for 2019. POWDER COMPANY Statement of Shareholders' Equity For Year Ended December 31, 2019 Additional Additional Paid-in Preferred Stock $100 par Common Paid-in Capital on Preferred Retained Stock Capital on Common $5 par Total Earnings Stock Stock Balances, 1/1/19 y 58,700 V 185,000 V 92,900 V 37,300 V 21,500 V 395,400 V Common stock issued v...
can someone explain to me how to do this? Apple Inc. CONSOLIDATED STATEMENTS OF OPERATIONS (In...
can someone explain to me how to do this?
Apple Inc. CONSOLIDATED STATEMENTS OF OPERATIONS (In millions, except number of shares which are reflected in thousands and per share amounts) Years ended September 28, 2019 September 29, 2018 September 30, 2017 $ $ Net sales: Products Services Total net sales 213,883 $ 46,291 260,174 225,847 39,748 265,595 196,534 32,700 229.234 Cost of sales: Products Services Total cost of sales Gross margin 144,996 16,786 161,782 98,392 148,164 15,592 163,756 101,839 126,337...
If you could please explain how you solved this problem it would help me understand. Thank...
If you could please explain how you solved this problem it would
help me understand. Thank you!
Net Income Planning Selected operating data for Oakbrook Company in four independent situations are shown below. Fill in the blanks for each independent situation. D Sales $325,000 $130,000 24 c. $ e. f. $ Variable expense $101,000 $4 a. g. b. $62,000 $48,200 $44,500 Fixed expense Net income (loss) before tax $15,000 $15,000 $28,800 $(5,500) Units sold 30,000 d. Unit contribution margin $5.20...
Can someone explain to me what I did wrong as my net income doesnt equal taxable...
Can someone explain to me what I did wrong as my net income
doesnt equal taxable income. Or am i already correct?
Edit: Sorry if it wasnt clear. The question was to find the net
income on the first picture based on the second pictures
information. I have answered it and was wondering if someone could
check if i did it correctly.
MC16q27a, 2 points, due 0115 Please refer to the multiple choice question pasted on page 2. To understand...
Hello, can someone please show me how to solve this. I could not find an easy to follow example in my textbook. Thanks a...
Hello, can someone please show me how to solve this. I could not
find an easy to follow example in my textbook. Thanks a ton!
Multiple-Product Break-even, Break-Even Sales Revenue Cherry Blossom Products Inc. produces and sells yoga-training products: how-to DVDs and a basic equipment set (blocks, strap, and small pillows). Last year, Cherry Blossom Products sold 13,500 DVDs and 4,500 equipment sets. Information on the two products is as follows: DVDs Equipment Sets Price $8 $25 Variable cost per...
Please explain in depth so i can see how to get there $ 31,700 Accounts receivable...
Please explain in depth so i can see how to get there
$ 31,700 Accounts receivable Depreciation expense Land 10,400 24,200 89,000 Cost of goods sold Retained earnings 64,400 11,900 70,500 5,300 22,700 Cash Equipment Supplies Accounts payable Service revenue 24,500 3,300 Interest expense 6,000 Conimon stock Income tax expense 12,225 Accumulated depreciation Long-term debt Supplies expense Merchandise inventory 42,000 37,000 12,900 28,500 140,000 Net sales Required: a. Calculate the total current assets at December 31, 2019. b. Calculate the...
Hello, the answer is $3.64
Can someone please explain this step by step? I have tried this
problem several times with no luck.
Jostens Co. had 200,000 shares of common stock, 20,000 shares of convertible preferred stock, and $1,000,000 of 10% bonds outstanding during 2017. The preferred stock is convertible into 20,000 shares of common stock. During 2017, Jostens paid dividends of $1.20 per share on its common stock and $2.50 per share on its preferred stock. Each $1,000 bond...
Hello! Can someone explain how to solve this problem? I could
not solve it and need to in order to move forward with the
assignment.
Thanks!
Texas-Q Company produces and sells barbeque grills. Texas-Q sells three models: a small portable gas grill, a larger stationary gas grill, and the specialty smoker. In the coming year, Texas-Q expects to sell 20,800 portable grills, 52,000 stationary grills, and 5,200 smokers. Information on the three models is as follows: Portable Stationary Smokers Price...
Please teach me how to solve it too. I want to know the
process.
Marin Inc. reported income from continuing operations before taxes during 2017 of $2,125,000. Additional transactions occurring in 2017 but not considered in the $2.125.000 are as follows. 1. Again of $121,000 (pretax) as a result of selling securities from its investment portfolio. 2. A $18,000 loss before taxes as a result of operating the discontinued clothing division during 2017 3. A loss of $62,000 before taxes...
Hello! Can someone please show me how to solve this and give me
a step by step explanation for my reference.
Thank you!
Break-Even Units, Contribution Margin Ratio, Margin of Safety Khumbu Company's projected profit for the coming year is as follows: Total Per Unit Sales $1,539,000 $28.50 Total variable cost 615,600 11.40 Contribution margin $17.1 $923,400 Total fixed cost 560,196 $363,204 Operating income Required: 1. Compute the break-even point in units. If required, round your answer to nearest whole...
Can someone explain how to solve where the red X's are? I have
tried everything
Prepare Powder's statement of shareholders' equity (include retained earnings) for 2019. POWDER COMPANY Statement of Shareholders' Equity For Year Ended December 31, 2019 Additional Additional Paid-in Preferred Stock $100 par Common Paid-in Capital on Preferred Retained Stock Capital on Common $5 par Total Earnings Stock Stock Balances, 1/1/19 y 58,700 V 185,000 V 92,900 V 37,300 V 21,500 V 395,400 V Common stock issued v...
can someone explain to me how to do this?
Apple Inc. CONSOLIDATED STATEMENTS OF OPERATIONS (In millions, except number of shares which are reflected in thousands and per share amounts) Years ended September 28, 2019 September 29, 2018 September 30, 2017 $ $ Net sales: Products Services Total net sales 213,883 $ 46,291 260,174 225,847 39,748 265,595 196,534 32,700 229.234 Cost of sales: Products Services Total cost of sales Gross margin 144,996 16,786 161,782 98,392 148,164 15,592 163,756 101,839 126,337...
If you could please explain how you solved this problem it would
help me understand. Thank you!
Net Income Planning Selected operating data for Oakbrook Company in four independent situations are shown below. Fill in the blanks for each independent situation. D Sales $325,000 $130,000 24 c. $ e. f. $ Variable expense $101,000 $4 a. g. b. $62,000 $48,200 $44,500 Fixed expense Net income (loss) before tax $15,000 $15,000 $28,800 $(5,500) Units sold 30,000 d. Unit contribution margin $5.20...
Can someone explain to me what I did wrong as my net income
doesnt equal taxable income. Or am i already correct?
Edit: Sorry if it wasnt clear. The question was to find the net
income on the first picture based on the second pictures
information. I have answered it and was wondering if someone could
check if i did it correctly.
MC16q27a, 2 points, due 0115 Please refer to the multiple choice question pasted on page 2. To understand...
Hello, can someone please show me how to solve this. I could not
find an easy to follow example in my textbook. Thanks a ton!
Multiple-Product Break-even, Break-Even Sales Revenue Cherry Blossom Products Inc. produces and sells yoga-training products: how-to DVDs and a basic equipment set (blocks, strap, and small pillows). Last year, Cherry Blossom Products sold 13,500 DVDs and 4,500 equipment sets. Information on the two products is as follows: DVDs Equipment Sets Price $8 $25 Variable cost per...
Please explain in depth so i can see how to get there
$ 31,700 Accounts receivable Depreciation expense Land 10,400 24,200 89,000 Cost of goods sold Retained earnings 64,400 11,900 70,500 5,300 22,700 Cash Equipment Supplies Accounts payable Service revenue 24,500 3,300 Interest expense 6,000 Conimon stock Income tax expense 12,225 Accumulated depreciation Long-term debt Supplies expense Merchandise inventory 42,000 37,000 12,900 28,500 140,000 Net sales Required: a. Calculate the total current assets at December 31, 2019. b. Calculate the...
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