Question: Construct a simple P&L statement like the one shown in exhibit 5.5 and discuss its elements. Exhibit 5.5 Total revenues ($100 75,000) $7,500,000 Total variable

Construct a simple P&L statement like the one shown in exhibit 5.5 and discuss its elements.

Exhibit 5.5 Total revenues ($100 75,000) $7,500,000 Total variable costs ($28.18 x 75,000) 2,113,500

Total revenues ($100 75,000) $7,500,000 Total variable costs ($28.18 x 75,000) 2,113,500 Total contribution margin ($71.82 x 75,000) $5,386,500 Fixed costs 4,967,462 Profit $419,038

Step by Step Solution

★★★★★

3.31 Rating (139 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock

Item Amount Total Revenue 7500000Total Variable Costs 2113500Total Contribution Margin 5386500Fixed ... View full answer

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Financial Management Theory Questions!

EGM 2511 Statics University of Florida Problem 1 Subject: Recitation 5.1 Frame Analysis The frame consists of three rigid bars. It has a fixed support at E and has a roller support resting on a...

Let A, B be sets. Define: (a) the Cartesian product (A B) (b) the set of relations R between A and B (c) the identity relation A on the set A [3 marks] Suppose S, T are relations between A and B, and...

QUIZ... Let D be a poset and let f : D D be a monotone function. (i) Give the definition of the least pre-fixed point, fix (f), of f. Show that fix (f) is a fixed point of f. [5 marks] (ii) Show that...

Q1. You have identified a market opportunity for home media players that would cater for older members of the population. Many older people have difficulty in understanding the operating principles...

Executive Memorandum (EM) Guidelines Prepare an executive summary of the papers that is only one page long.The assignment should be typed in Word, font size 11 double spaced, with minimum margins of...

Describing Data Once we have collected data from surveys or experiments, we need to summarize and present the data in a way that will be meaningful to the reader. We will begin with graphical...

download the...

Please answer this question.. Very easy. -What sources of value most plausibly account for the differences between buyer and seller? -Structure and execute a discounted cash flow valuation of all of...

Q1-Explain how the EBIT Chart works (inputs determining the outputs-the two lines on the chart Case Leahy Bread Company (LBC) in Cohen Finance Workbook, page 111( a 'caselette') SEE THE IS/BS MODEL &...

I have attached the case study and the rubric for this. can I get help here to organzie an answer? CATERPILLAR, INC: THE IMPACT OF DECISION BIASES AND RISK ON CAPITAL BUDGETING Timothy D. West...

Dear Friends, I need the solution by today 11.00 PM. Its really important. I dont have lot of funds. I can only pay $10. Max Harvard Business School 9-292-140 June 12, 1992 Arundel Partners: The...

Hemming Co. reported the following current-year purchases and sales for its only product. Required Hemming uses a perpetual inventory system. Determine the costs assigned to ending inventory and to...

The weights of edges in a graph are shown in the table above. Apply the nearest neighbor algorithm to the graph starting at vertex A. Give your answer as a list of vertices, starting and ending at...

What is the running time of the following algorithm?What is the running time of the following algorithm? function modifiedDijkstra ( Graph G , Vertex a , Vertex b ) : for each vertex v in G :...

The BigRig Trucking Company participates in an Internet transportation exchange where customers advertise their shipments including load weight and volume, and trip origin and destination. BigRig...

a. What is the difference between operating income and net income? b. Why is net income called the bottom line? c. What is the difference between net income and cash flow? d. Is financial condition...

a. What is a stakeholder? b. Which stakeholders are most interested in the financial condition of a healthcare provider? c. What is the goal of financial accounting?

Briefly, what is the difference between gross patient service revenue and net patient service revenue?

You are required to develop a valuation report, include a per share estimated price for Enbridge Inc. ( Ticker symbol ENB.TO ) , and an overall recommendation ( to invest or not ) for that company....

For 20Y6, Raphael Frame Company prepared the sales budget that follows. At the end of December 20Y6, the following unit sales data were reported for the year: Unit Sales 8" 10" Frame 12" 16" Frame...

Following are transactions for Ridge Company. Mar. 21 Accepted a $17,800, 180-day, 7% note from Tamara Jackson in granting a time extension on her past-due account receivable. Sept. 17 Jackson...