Raner, Harris, & Chan is a consulting firm that specializes in information systems for medical and dental clinics. The firm has two offices—one in Chicago and one in Minneapolis. The firm classifies the direct costs of consulting jobs as variable costs. A contribution format segmented income statement for the company’s most recent year is given below:
Required:
1-a. Compute the companywide break-even point in dollar sales. (Round "CM ratio" to 2 decimal places and final answer to the nearest whole dollar amount.)
1-b. Compute the break-even point for the Chicago office and for the Minneapolis office. (Round "CM ratio" to 2 decimal places and final answers to the nearest whole dollar amount.)
1-c. Is the companywide break-even point greater than, less than, or equal to the sum of the Chicago and Minneapolis break-even points?
Greater than
Less than
Equal to
2. By how much would the company’s net operating income increase if Minneapolis increased its sales by $48,750 per year? Assume no change in cost behavior patterns.
3. Refer to the original data. Assume that sales in Chicago increase by $32,500 next year and that sales in Minneapolis remain unchanged. Assume no change in fixed costs.
a. Prepare a new segmented income statement for the company. (Round your percentage answers to 1 decimal place (i.e.1234 should be entered as 12.3)

Answer:

Explanation:

1a

Break-even point in dollar sales 406957 =(109200+78000)/46%

1b

Break even point

Chicago office 72429 =50700/70%

Minneapolis office 146250 =58500/40%

1c

Greater than

2

Increase in sales 48750

X CM ratio 40%

Net operating income increase 19500

3

Total company Chicago Minneapolis

Amount % Amount % Amount %

Sales 520000 100.0% 130000 100.0% 390000 100.0%

Variable expenses 273000 52.5% 39000 30.0% 234000 60.0%

Contribution margin 247000 47.5% 91000 70.0% 156000 40.0%

Traceable fixed expenses 109200 21.0% 50700 39.0% 58500 15.0%

Office segment margin 137800 26.5% 40300 31.0% 97500 25.0%

Common fixed expenses not traceable 78000 15.0%

Net operating income 59800

Score: 0/450
Question Value:
In 2018, the U.S. balance of payment numbers showed that income received was $1,060.4 billion and
income payments were $816.1. What was the net result?
an outflow of $816.1 billion
a net inflow of $244.3 billion
a net outflow of $244.3 billion
an inflow of $1,060.4 billion

Risk that affects a large number of assets, each to a greater or lesser degree, is called _________risk.

a. Idiosyncratic risk.
b. Diversifiable risk.
c. Systematic risk.
d. Asset-specific risk.
e. Total risk.

2. Ernesto purchased a used car for $6800. He paid 64% sales tax. How much tax did he pay?​

(1 point) Why does the journalist think Enron's stock is overvalued?

Define your seven weakness and seven strengths with reason

Assume a merchandising company provides the following information from its master budget for the month of May:

Cash balance, May 1 $20,000
Cash collections from customers $80,000
Cash disbursements for merchandise purchases $35,000
Cash disbursements for selling and administrative expenses $40,000

If the company wishes to maintain a minimum cash balance of $30,000 at the end of every month, then its borrowings at the beginning of May will equal:_______

a. $5,000
b. $0
c. $25.000
d. $20,000

liz works at heedles computer outlet. she receives a weekly salary of $200 plus 3% commision on her sales. last week, she sold $29,700 of computer equipment. how much did liz earn last week?

describe how commerce relate with industry and direct services​

Nội dung bài nộp:

- Một biên bản thỏa thuận với các vai trò và trách nhiệm

- Ba báo cáo trạng thái theo yêu cầu lưu trữ hồ sơ: 25%, 50% và 75%.

- Báo cáo quản lý rủi ro: các yêu cầu thay đổi và / hoặc nhật ký vấn đề

- Dự thảo chuyển giao đảm bảo được chất lượng dự án.

- Các sản phẩm cuối cùng của dự án.

Steve Reese is a well-known interior designer in Fort Worth, Texas. He wants to start his own business and convinces Rob O’Donnell, a local merchant, to contribute the capital to form a partnership. On January 1, 2016, O’Donnell invests a building worth $130,000 and equipment valued at $140,000 as well as $60,000 in cash. Although Reese makes no tangible contribution to the partnership, he will operate the business and be an equal partner in the beginning capital balances.

To entice O'Donnell to join this partnership, Reese draws up the following profit and loss agreement:

- O'Donnell will be credited annually with interest equal to 10 percent of the beginning capital balance for the year
- O'Donnell will also have added to his capital account 15 percent of partnership income each year (without regard for the preceding interest figure) or $7,000, whichever is larger. All remaining income is credited to Reese.
- Neither partner is allowed to withdraw funds from the partnership during 2013. Thereafter, each can draw $5,000 annually or 20 percent of the beginning capital balance for the year, whichever is larger.
The partnership reported a net loss of $8,000 during the first year of its operation. On January 1, 2014, Terri Dunn becomes a third partner in this business by contributing $10,000 cash to the partnership. Dunn receives a 20 percent share of the business's capital. The profit and loss agreement is altered as follows:
- O'Donnell is still entitled to (1) interest on his beginning capital balance as well as (2) the share of partnership income just specified.
- Any remaining profit or loss will be split on a 5:5 basis between Reese and Dunn, respectively.

Partnership income for 2014 is reported as $64,000. Each partner withdraws the full amount that is allowed. On January 1, 2015, Dunn becomes ill and sells her interest in the partnership (with the consent of the other two partners) to Judy Postner. Postner pays $75,000 directly to Dunn. Net income for 2015 is $64,000 with the partners again taking their full drawing allowance On January 1, 2016, Postner withdraws from the business for personal reasons. The articles of partnership state that any partner may leave the partnership at any time and is entitled to receive cash in an amount equal to the recorded capital balance at that time plus 10 percent

a. Prepare journal entries to record the preceding transactions on the assumption that the bonus (or no revaluation) method is used. Drawings need not be recorded, although the balances should be included in the closing entries. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Round your answers to the nearest dollar amount.)

b. Prepare journal entries to record the previous transactions on the assumption that the goodwill (or revaluation) method is used. Drawings need not be recorded, although the balances should be included in the closing entries. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Round your answers to the nearest dollar amount.)

According to the survey article on mergers by Mukherjee et al,

A) a minority of managers believe that diversification can be a good reason to merge.
B) acquiring managers discount targets’ cash flows at the targets’ cost of capital.
C) managers do not believe operating synergies to be important in merger decisions.
D) managers do not use the discounted cash flow formula to value a target in a merger.

Direct examples of the functions of a financial system include
(Select all that apply.) ?
1. a business owner accepting payments via PayPal
2. a bank hiring three new tellers when a new branch opens
3. ensuring that personal information entered electronically is safe
4. a financial institution extending a line of credit to a small business

What will produce more accurate results when giving a survey?
A. Using the word "frequently" in a question
B. Creating face-to-face interviews
C. Adding boxes to check for answers
D. Creating an open questions

University Car Wash built a deluxe car wash across the street from campus. The new machines cost $270,000 including installation. The company estimates that the equipment will have a residual value of $24,000. University Car Wash also estimates it will use the machine for six years or about 12,000 total hours. Actual use per year was as follows: Year Hours Used 1 3,100 2 1,100 3 1,200 4 2,800 5 2,600 6 1,200 2. Prepare a depreciation schedule for six years using the double-declining-balance method.

PLEASE ANSWER FAST
When you choose a career, you’re looking for something that will help you develop as a person and do work that you love.

A. True
B. False

BRAINLIEST






Which two factors must operations managers consider when choosing facilities?

O Access to markets and capacity

O Access to markets and planning

O Access to markets and access to materials

O Access to materials and planning

Use the following information to determine which supplier is more cost-effective using total cost analysis.
Note: Late delivery of components would cause 50% lost sales and 50% back orders of finished goods.

giả sử mối quan hệ giưa doanh thu và nỗ lực

What is meant by the concept entrepreneur?​

Pick one of the three policies to address pollution that are listed below (these are covered in chapter 15, section 15.3) and describe why you believe it to be the best way to curb climate change. Your choices are:
1. Command and control
2. Pollution taxes
3. Cap and trade You must pick one and you must defend it as the best option.

A company purchased factory equipment on April 1, 2021 for $175000. It is estimated that the equipment will have a $25000 salvage value at the end of its 10-year useful life. Using the straight-line method of depreciation, the amount to be recorded as depreciation expense at December 31, 2021 is $17500. $11250. $13125. $15000.

The hedge ratio of a call option is
A) A positive constant
B) Negative and larger than -1
C) Positive and larger than 1
D) Positive and smaller than 1

1) using information in this case study , estimate Mylans yearly profit.Do not include opportunity cost and assume families do not use discounts or coupons
2) 2. (1 point) Again, use information in this case study. Assume that the cost to develop the Epi-Pen was the average cost to bring a new drug to market, and that every Epi-Pen is sold at full price. At a price of $600 per two-pack, how many two-packs would be necessary to recoup the costs? What about a price of $100 per two-pack?
3) (1 point) What might cause Mylan to reduce the price of the Epi-Pen?bu​

The City of Houghton enacted an ordinance that forbids religious groups from distributing religious materials within the city limits of Houghton unless the distributor is granted a permit. Other types of materials can be distributed without a permit. What concerns do you have about the constitutionality of this ordinance?

Many U S citizen are stimulated by change and thrive on new opportunities. Theses citizens probably have a high level of acceptance for which dimension of cultural differences

The production planning department has developed the forecast for End Item A for periods 1-7 as 240, 345, 320, 275, 315, 330, 340. You can use the tables provided on the following pages. (a) Determine the planned order releases for Component B, which is planned on a lot-for-lot basis. Indicate your answer here.

Interest will gather on all of the
following EXCEPT which one?
A. a cash purchase
B. an automobile loan
C. a home loan
D. a credit card loan

The allocation rule of "first come-first served" promotes productive cooperation. true false​

CALCULATE: Impact of Credit Score on Loans help me

Which of the following activities will allow an engineer to determine that a building’s design is sound?