Rimier Corp. forecasts sales of $650,000 for 2013. Assume the firm has fixed costs of $250,000 and
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 46% (15 reviews)
Rimier Corp Pro Forma Income Statement 2013 Sales revenue 650000 L...View the full answer
Answered By
Somshukla Chakraborty
I have a teaching experience of more than 4 years by now in diverse subjects like History,Geography,Political Science,Sociology,Business Enterprise,Economics,Environmental Management etc.I teach students from classes 9-12 and undergraduate students.I boards I handle are IB,IGCSE, state boards,ICSE, CBSE.I am passionate about teaching.Full satisfaction of the students is my main goal.
I have completed my graduation and master's in history from Jadavpur University Kolkata,India in 2012 and I have completed my B.Ed from the same University in 2013. I have taught in a reputed school of Kolkata (subjects-History,Geography,Civics,Political Science) from 2014-2016.I worked as a guest lecturer of history in a college of Kolkata for 2 years teaching students of 1st ,2nd and 3rd year. I taught Ancient and Modern Indian history there.I have taught in another school in Mohali,Punjab teaching students from classes 9-12.Presently I am working as an online tutor with concept tutors,Bangalore,India(Carve Niche Pvt.Ltd.) for the last 1year and also have been appointed as an online history tutor by Course Hero(California,U.S) and Vidyalai.com(Chennai,India).
4.00+
2+ Reviews
10+ Question Solved
Related Book For
Principles Of Managerial Finance
ISBN: 978-0136119463
13th Edition
Authors: Lawrence J. Gitman, Chad J. Zutter
Question Posted:
Students also viewed these Finance questions
-
In the widget industry, each firm has fixed costs of $10 and faces the following marginal cost curve: Quantity Marginal Cost 1 ............... $2 per widget 2 ............... 4 3 ............... 5 4...
-
A firm has fixed costs of $60 and variable costs as indicated in the table at the bottom of this page. Complete the table and check your calculations by referring to question 4 at the end of Chapter....
-
If a firm has fixed costs of $100,00 and variable costs per unit of $1, what is the break-even point in units, assuming a selling price of $5 per unit?
-
I need help with the 10-column worksheet. When I do the balance sheet the difference of my balance numbers do not equal my net income when it should. My net income is correct since the books states...
-
Hawkeye Video Centre Ltd. accumulates the following cost and net realizable value data at December 31: Inventory Categories ______________Cost __________NRV High definition camcorders ...............
-
Shown are selected financial data for Another World and Imports, Inc., at the end of the current year. Net credit sales Cost of goods sold Cash Another World Imports, Inc. $ 675,000 $560,000 504,000...
-
Describe cooling and leakage drag.
-
Use the following GSS data on fear, race, and home ownership for this exercise. Variables measure respondents race, whether the respondent fears walking alone at night, and his or her home ownership....
-
What are some things that are shown on a right-of-way map? 2. What Florida Department of Transportation District is Valencia College or the Central Florida Region in? 3. Name three things you will...
-
1. In terms of the eight contextual features in the change kaleidoscope (Figure 15.2), how receptive is the context for strategic change? 2. In the light of capability and readiness (Figure 15.3),...
-
During the year, Xero, Inc., experienced an increase in net fixed assets of $300,000 and had depreciation of $200,000. It also experienced an increase in current assets of $150,000 and an increase in...
-
On March 20, 2012, Norton Systems acquired two new assets. Asset A was research equipment costing $17,000 and having a 3-year recovery period. Asset B was duplicating equipment having an installed...
-
What is a deferred revenue? Provide an example.
-
----------is an example of a standing committee while the is an example of a sub (ad hoc) committee 1. event committee, food and beverage committee 2. board of directors, general manager 3. finance...
-
The wetter, intercepting slope of a mountain is termed the ________ slope, whereas the drier, downwind slope is termed the ________ slope. a. leeward; windward b. windward; leeward c. west side; east...
-
We wrap a light, nonstretching cable around a 9.00 kg solid cylinder with diameter of 32.0 cm. The cylinder rotates with negligible friction about a stationary horizontal axis. We tie the free end of...
-
The lowest sea-level pressure on Earth was measured inside a hurricane. a. True b. False
-
What is the house that the narrator is taken to in Dickinson s poem? a . Her own home b . Heaven c . Her grave d . Hell
-
GB Timbers GmbH, based in Germany, supplies timber products to construction and manufacturing industries. The company reported after-tax earnings available to common stock of 3,200,000. From these...
-
An 8.0 kg crate is pulled 5.0 m up a 30 incline by a rope angled 18 above the incline. The tension in the rope is 120 N, and the crates coefficient of kinetic friction on the incline is 0.25. a. How...
-
The following square of numbers consists of nine square numbers. Is this a magic square with nine distinct square numbers? 3,495 2,958 1,785 3,005 35 3,642 2,125 2,7752 2,058
-
Erwin Footwear wishes to assess the value of its Active Shoe Division. This division has debt with a market value of $12,500,000 and no preferred stock. Its weighted average cost of capital is 10%....
-
Perry Motors common stock just paid its annual dividend of $1.80 per share. The required return on the common stock is 12%. Estimate the value of the common stock under each of the following...
-
Perry Motors common stock just paid its annual dividend of $1.80 per share. The required return on the common stock is 12%. Estimate the value of the common stock under each of the following...
-
An air stripping tower is being designed to treat carbon tetrachloride from 500 to 5 g/L at a temperature of 25 C with a stripping factor of 8. Determine the operating airtowater ratio
-
If the wind force has a magnitude of 65 N , with what tension must the worker pull in order to move the box at a constant velocity? Express your answer with the appropriate units
-
1. Write sonic anemometer, thermal (hot wire) anemometer, cup anemometer, or pitot tube after the statement that best describes its basic principle of operation. [4 points] a. Infers wind speed from...
Study smarter with the SolutionInn App