All else constant, what would Digby's SG&A/Sales ratio be if the company had spent an additional $1,500,000
Question:
All else constant, what would Digby's SG&A/Sales ratio be if the company had spent an additional $1,500,000 for Daze's promotional budget and $750,000 for Daze's sales budget?
Select:
11.4%
8.2%
10.8%
9.5%
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 42% (14 reviews)
Formula SGASales SG ASales Just p...View the full answer
Answered By
JAPHETH KOGEI
Hi there. I'm here to assist you to score the highest marks on your assignments and homework. My areas of specialisation are:
Auditing, Financial Accounting, Macroeconomics, Monetary-economics, Business-administration, Advanced-accounting, Corporate Finance, Professional-accounting-ethics, Corporate governance, Financial-risk-analysis, Financial-budgeting, Corporate-social-responsibility, Statistics, Business management, logic, Critical thinking,
So, I look forward to helping you solve your academic problem.
I enjoy teaching and tutoring university and high school students. During my free time, I also read books on motivation, leadership, comedy, emotional intelligence, critical thinking, nature, human nature, innovation, persuasion, performance, negotiations, goals, power, time management, wealth, debates, sales, and finance. Additionally, I am a panellist on an FM radio program on Sunday mornings where we discuss current affairs.
I travel three times a year either to the USA, Europe and around Africa.
As a university student in the USA, I enjoyed interacting with people from different cultures and ethnic groups. Together with friends, we travelled widely in the USA and in Europe (UK, France, Denmark, Germany, Turkey, etc).
So, I look forward to tutoring you. I believe that it will be exciting to meet them.
3.00+
2+ Reviews
10+ Question Solved
Related Book For
Intermediate Accounting
ISBN: 978-0324300987
10th Edition
Authors: Loren A Nikolai, D. Bazley and Jefferson P. Jones
Question Posted:
Students also viewed these Managerial Accounting questions
-
Assume the following: The investors required rate of return is 13.5 percent, The expected level of earnings at the end of this year (E1) is $6.00, The retention ratio is 50 percent, The return on...
-
Georgia Peaches, Inc., is a large U. S. peach grower. Georgia Peaches has U. S.- source income of $ 1.5 billion, faces a of $1.5 billion, faces a U. S. tax rate of 35%, and paid foreign taxes of $...
-
Holding all else constant, what will happen to the present value of a future amount if you increase the discount rate? What if you increase the number of years?
-
Valuing Preferred Stock Best Rate Bank just issued some new preferred stock. The issue will pay a $10 annual dividend in perpetuity, beginning 10 years from now. If the market requires a 7 percent...
-
In Example 2 in Section 5.1 we showed that 1 x2 dx = 1/3. Use this fact and the properties of integrals to evaluate 1 (5 6x2) dx.
-
Let (et) be IID(0,0) and define Xt = g(et, et1, . . ., etq), where g(.,...,.) is some real valued function. Show that Xt is strictly stationary.
-
For each of the following sets of numbers, calculate a \(95 \%\) confidence interval for the mean ( \(\sigma\) not known); before going through the steps in calculating the confidence interval, the...
-
Price Company issues $400,000, 20-year, 7% bonds at 101. Prepare the journal entry to record the sale of these bonds on June 1, 2017.
-
What is the price of a 5% fixed rate coupon bond, $100 par value, which has 8 years to maturity given a market discount rate of 5.353%?
-
Consider the calculation of the continuation value. Suppose Firm C has a WACC of 7%. Firm C's investment banker prepares a DCF valuation of Firm C using the WACC ap- proach. In her DCF valuation,...
-
Waldo Company produces one product. The following are the data for the current month: Selling price per unit ................................................$80 Variable cost per unit Direct...
-
At Mark's death, Mark owed a debt of $40,000 plus $2,000 of accrued interest. Mark's funeral expenses were $5,000, and Mark's charge card had a balance due of $400. The expected administration costs...
-
A statistics instructor wishes to investigate the relation between a student's final course grade and grades on a midterm exam and a major project. She selects a random sample of 10 statistics...
-
What is the amount of gain excluded from the sale of the taxpayers personal residence for walter?
-
Mr. and Mrs. Nester had the following items of financial support this year: Social Security benefits Dividends and interest Pension from Mr. Nester's former employer Pension from Mrs. Nester's former...
-
What action would you advise the president to take to achieve some degree of excellence in project management?
-
1. Select five companies you do business with. Does each one need to engage their customers, ? Explain why or why not. 2. What are the next big tech trends? 3. Under what conditions does cloud...
-
1. Why is project planning so important? 2. How might we plan for risks that we cannot identify in the risk management section of the project charter? 3. Might milestones and phase-gates both occur...
-
You are the payroll accounting clerk for your company, Conose Advertising, which has 50 employees. The controller has recently switched the firm from an in-house payroll system to an outsourced...
-
Explain how the graph of each function can be obtained from the graph of y = 1/x or y = 1/x 2 . Then graph f and give the (a) Domain (b) Range. Determine the largest open intervals of the domain over...
-
Is it true that when one firm sells to another on credit, the seller records the transaction as an account receivable while the buyer records it as an account payable and that, disregarding...
-
Is it true that when one firm sells to another on credit, the seller records the transaction as an account receivable while the buyer records it as an account payable and that, disregarding...
-
Is it true that when one firm sells to another on credit, the seller records the transaction as an account receivable while the buyer records it as an account payable and that, disregarding...
-
How does culture relate to political and security issues in the world? Please provide specific examples. 2 What are the most significant contemporary security issues in the world? How does culture...
-
Tree Seedlings has the following current-year purchases and sales for its only product. Units Acquired at Cost Date January 1 Activities Beginning inventory January 3 Sales February 14 February 15...
-
A cylindrical log is cut as shown to form a park bench. Find: a. The area of triangle OAB in m. [2] b. The volume of the log in m. [3] B 70% 40 cm 3m
Study smarter with the SolutionInn App