Telluride Railway had the following revenue over the past five years: To predict revenues for 2010, Telluride

Question:

Telluride Railway had the following revenue over the past five years:

image text in transcribed

To predict revenues for 2010, Telluride uses the average for the past five years. The company’s breakeven revenue is $$600,000$ per year. What is Telluride’s margin of safety?

a. $100,000

b. $50,000

c. $0

d. $110,000

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Financial And Managerial Accounting

ISBN: 9780135080191

2nd Edition

Authors: Charles T Horngren, Jr Walter T Harrison

See More Books

Question Posted: May 16, 2024 06:01 AM

See More Questions

Telluride Railway had the following revenue over the past 5 years: To predict revenues for 2008 , Telluride uses the average for the past 5 years. The company's breakeven revenue is $\$ 800,000$...
Katherine,a single? taxpayer, operates adance studio.She is considering either continuing the business as a sole proprietorship or reorganizing it as either a C corporation or an S corporation. Her...
Sonic Appliances had the following revenue over the past five years To predict revenues for 2018, Sonic Appliances uses the average for the past five years. The company's breakeven revenue is...
In Exercises find the derivative of the function by the limit process. f(x) = x - 4x + 5
Calculate DG for the following reactions at 25C: (a) 2Mg(s) + O2(g) 2MgO(s) (b) 2SO2(g) + O2(g) 2SO3(g) (c) 2C2H6(g) + 7O2(g) 4CO2(g) + 6H2O(l) See Appendix 3 for thermodynamic data.
A certain L-band radar has center frequency $1.5 \mathrm{GHz}$, and $\operatorname{PRF} f_{r}=10 \mathrm{kHz}$. What is the maximum Doppler shift that can be measured by this radar?
On April 12, Mitch Company declared a $\$ 2,000$ account receivable from the Ward Company as uncollectible and wrote off the account. On a. Assume that Mitch uses the allowance method of handling...
Bond J has a coupon rate of 3 percent. Bond K has a coupon rate of 9 percent. Both bonds have 19 years to maturity, make semiannual payments, and have a YTM of 6 percent. If interest rates suddenly...
Write a program using procedures to display "good morning", "good day" and "good evening" message depending on the time entered by the user. If user enters: hour of the day 10 or less, it should...
Intervale Railway sells half of its tickets for the regular price of $$65$. The other half go to senior citizens and children for the discounted price of $$45$. Variable cost per passenger is...
If Cape Cod Railways fixed costs total $$40,000$ per month, the variable cost per passenger is $$10$, and tickets sell for $$59$, how much revenue must the Railway have to generate to earn...
A nearly cylindrical laserbeam impinges normally on a perfectly absorbing surface. The irradiance of the beam (assuming it to be uniform over its cross section) is 40 W/cm 2 . If the diameter of the...
The output of the following code is: for (int a = 0; a < 5; a++ ) System.out.print( a + " " );
Shares in TPG Telecom Limited (TPM) were trading for $1.63 on 23 August 2023. TPM paid a total dividend of around 3.9 cents per share in the prior year. Assuming that the required return is 13.14%,...
If the economic incentives \"Covid-19\" happens, explain how to maximize short- and long-term profits, how government can intervene, problem of government intervention and how to deal with it.
what extent does syntactical elegance and rhetorical sophistication contribute to establishing a distinct corporate voice and identity in written communications ?
Changes in current operating assets and liabilities-indirect method Victor Corporation's comparative balance sheet for current assets and liabilities was as follows: Accounts receivable Inventory...
The following are representations of two forms of glucose. The six-membered ring is known to exist in a chair conformation in each form. Draw clear representations of the most stable conformation of...
In 1995 Miguel purchased a home for $130,000. In 2000 he sold it for $170,000 and immediately purchased another one for $180,000, which he sold in 2007 for $235,000. How much taxable capital gain, if...
1. What is NLB and what can you expect to gain by using it?
EtherChannel technology can be used to achieve higher bandwidth by using link aggregation. Explain briefly how EtherChannel can be also used in a switched network to achieve load- balancing
7 A 2 B D 4 1 Consider the network shown below, each node initially knows the cost to each of its neighbors. The network uses distance vector algorithm. Show the distance table and routing table for...

Telluride Railway had the following revenue over the past five years: To predict revenues for 2010, Telluride

Question:

2005 $ 400,000 2006 500,000 2007 700,000 2008 600,000 2009 800,000

Step by Step Answer:

Financial And Managerial Accounting

Students also viewed these Business questions