An organisation employing 175 workers . The organisation turnover for the previous financial year was 16 million
Fantastic news! We've Found the answer you've been seeking!
Question:
An organisation employing 175 workers . The organisation turnover for the previous financial year was £16 million with a pre tax profit of £ 2.75 million.
What revenue will the organisation the organisation need to maintain profit and cover losses
Expert Answer:
Posted Date:
Students also viewed these finance questions
-
Pre Satellite Corporation earned $12 million for the fiscal year ending yesterday. The firm also paid out 40 percent of its earnings as dividends yesterday. The firm will continue to pay out 40...
-
An experiment employing a randomized block design 0 was conducted to compare the mean responses for four 109087 treatments-A, B, C. and D. The treatments were randomly assigned to the four...
-
A monopolist earns $40 million annually and will maintain that level of profit indefinitely, provided that no other firm enters the market. However, if another firm enters the market, the monopolist...
-
A study of 876 senior citizens shows that participants who exercise regularly exhibit less of a decline in cognitive ability than those who barely exercise at all. From this study, a researcher...
-
The accounting department for Entertainment Activities, Inc., recorded the following journal entries for the fiscal year ended June 30, 2012: Entertainment Activities generates revenue by selling...
-
Roger Holloway cannot understand why cash realizable value does not decrease when an uncollectible account is written off under the allowance method. Clarify this point for Roger Holloway.
-
Carmack Company has credit sales of $2.6 million for year 2005. On December 31, 2005, the com pany s Allowance tor Doubtful Accounts has an unadjusted credit balance of $13,400. Carmack prepares a...
-
Should DeWolfe and Anderson have given up so much equity (66%) in the beginning to eUniverse? Was there an alternative strategy available?
-
Question 4 1 pts If a standard quilt square is extended by one unit on one side and doubled on the other side, its area would be best represented by: O (x+1)(x+1) x^2+2x+1 (x+1)(x+2) 2x^2+2x
-
Faisal Ahmed commenced business on 7 November 2010 selling flat panel computer monitors. He brought in 15,000 in cash as his capital. He has a supplier from whom he purchases the monitors at 180...
-
Just as men are from Mars and women are from Venus (or so the saying goes), corporate executives and supply chain professionals are also from different planets. The make-up of executive committees...
-
What is the objective of the Post-Mission Phase of Operation? How do we bound its starting and ending points?
-
Identify the causes of changes to projects, and how to control those changes.
-
Who is responsible for conducting technical reviews?
-
What is the objective of the Mission Phase of Operation? How do we bound its starting and ending points?
-
What is the objective of the Pre-Mission Phase of Operation? How do we bound its starting and ending points?
-
View Policies Show Attempt History Current Attempt in Progress Wildhorse Limited purchased a machine on account on April 1, 2021, at an invoice price of $374,490. On April 2, it paid $1.980 for...
-
A parking lot charges $3 for the first hour (or part of an hour) and $2 for each succeeding hour (or part), up to a daily maximum of $10. (a) Sketch a graph of the cost of parking at this lot as a...
-
Kayjay Inc., which produces a single product, has prepared the following standard cost sheet for one unit of the product. Direct materials (8 pounds at \($2.50\) per pound) \($20.00\) Direct labor (3...
-
Kimiko Company's standard labor cost per unit of output is $ 1 8 (2 hours X \($9.00\) per hour). During August, the company incurs 1,850 hours of direct labor at an hourly cost of \($9.60\) per hour...
-
The standard cost of Product B manufactured by Lopez Company includes three units of direct materials at $5.00 per unit. During June, 30,000 units of direct materials are purchased at a cost of $4.80...
Study smarter with the SolutionInn App