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: 50% (16 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 ...............
-
Consider the problem of an infinite plate containing a stress-free elliptical hole with x = y = 0; xy = S. For this problem, the derivative of the complex potential has been developed by...
-
Apply the present value of cost in cost comparison
-
Classic Clothes is a retail organization in the Northeast that sells upscale clothing. Each year, store managers in consultation with their supervisors establish financial goals, and then a monthly...
-
Help Balance Sheet March 31 Assets Cash Accounts receivable. $ 93,000 127,000. 45,000 Inventory Plant and equipment, net of depreciation 219,000 Total assets $484,000 Liabilities and Stockholders'...
-
This problem is a continuation of the problem in Section 11.5 of the chapter. In the chapter, the workpaper was prepared for the year of the acquisition. In this problem, the consolidated statements...
-
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...
-
In Exercise 11, compare your answer to part (a) with your answer to part (b). How do outliers affect the range of a data set? Data from exercise 11: The depths (in inches) at which 10 artifacts are...
-
What is brand awareness for Jam & Daisies ? their leaning advantage, consideration advantage, choice advantages? 5. what is the recommendation of brand awareness? 6. What is Brand recognition? 7....
-
On August 1st, Custom Car Co's work in process inventory was $24900; its raw materials inventory was $6000; manufacturing overhead had a $1800 debit balance. Work in Process Subsidiary Data 8/1:...
-
Case: Castoro & Partners, CPAs is auditing Cloud 9 for the FY2023. Cloud 9 is a small public company and has been an audit client of Castoro & Partners since 2018. Materiality Methodology: Overall...
-
1)Solve the following differential equations by Undetermined Coefficient Method. dy dx dy - 4- 4+ 4y = 16x2e2x dx
-
Every year Monty Industries manufactures 8,600 units of part 231 for use in its production cycle. The per unit costs of part 231 are as follows: Direct materials Direct labor Variable manufacturing...
-
Use a working paper to prepare a statement of cash flows (appendix). pg8
-
What is the purpose of the journal wizard?
-
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 $1.80 per share. The required return on the common stock is 12%. Estimate the value of the common stock under each of the following...
-
*please calculate irr in excel
-
Which of the following would not be a period cost? Research and development Direct materials Office supplies Advertising costs
-
\ table [ [ Activity Cost Pool,Activity Measure,Total Cost,Total Activity ] , [ Machining , Machine - hours,$ 3 3 0 , 0 0 0 , 1 5 , 0 0 0 MHs ] , [ Machine setups,Number of setups,$ 3 0 0 , 0 0 0 , 5...
![Mobile App Logo](https://dsd5zvtm8ll6.cloudfront.net/includes/images/mobile/finalLogo.png)
Study smarter with the SolutionInn App