A firm with $546,000 in fixed costs and $275,000 depreciation is expected. To produce $171,000 in pre-tax

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

Question:

A firm with $546,000 in fixed costs and $275,000 depreciation is expected. To produce $171,000 in pre-tax profits. If sales increase by 10.30% then.

What percentage would the pre-tax profits increase?

Related Book For answer-question

Principles of Finance

ISBN: 978-1111527365

5th edition

Authors: Scott Besley, Eugene F. Brigham

See More Books

Posted Date: Jun 13, 2023 01:22 AM

See More Questions

Firm A has $10,000 in assets entirely financed with equity. Firm B also has $10,000 in assets, but these assets are financed by $5,000 in debt (with a 10 percent rate of interest) and $5,000 in...
It is January 1, 2019. You are a Senior Analyst at Ontario Coffee Home (OCH), one of the leading coffee chains and wholesaler of coffee/bakery products in Ontario. The CEO of Ontario Coffee Home,...
Assume Sharpie, a brand of Sanford LP, is planning to introduce a new executive pen that can be manufactured using either a capital-intensive method or a labor-intensive method. The predicted...
a. Find the nth-order Taylor polynomials for the given function centered at the given point a, for n = 0, 1, and 2.b. Graph the Taylor polynomials and the function. f(x) = ln x, a e =
If z2 + x2 + y2 dx/dt = 2, find dy/dt = 3, find dz/dt when y = 5 and y = 12.
The byte-counting variant of the leaky bucket algorithm is used in a particular system. The rule is that one 1024-byte packet, or two 512-byte packets, etc., may be sent on each tick. Give a serious...
Predict the value of y when x1 = 20, x2 = 20, and x3 = 30. Exercises 1115 refer to the following data set: x1 *2 x3 69.8 7.9 37.3 62.4 32.3 9.3 20.2 40.7 66.9 13.3 30.5 48.7 87.5 27.4 38.8 35.8 93.5...
You want to buy a house within 3 years, and you are currently saving for the down payment. You plan to save $5,000 at the end of the first year, and you anticipate that your annual savings will...
! Required information [The following information applies to the questions displayed below.] Raner, Harris and Chan is a consulting firm that specializes in information systems for medical and dental...
Two slender rods of negligible weight are pin-connected at C and attached to blocks A and B, each of weight W. Knowing that P = 1.260W and that the coefficient of static friction between the blocks...
A benefit of open sites is that you can rely on them as permanent sources of information. True or false
In the sketch alongside, QR is a diameter of the circle. PR is a tangent to the circle at R. PS= SR. Prove that (1) (2) (3)* In the sketch alongside, CD is a tangent to both circles (at C and D)....
What novel insights can be gleaned from the burgeoning field of positive psychology regarding the cultivation of psychological strengths and virtues as a means of buffering against the detrimental...
The capital balances of Hobbs and Shaw at January 1 , 2 0 2 2 are P 9 6 , 0 0 0 and P 2 2 4 , 0 0 0 respectively in Goggles Company. On March 1 , 2 0 2 2 , Hobbs invested an additional P 3 0 , 0 0 0...
On January 1, 2021, Flesh-n-Bone Corporation acquired 30% of Doug Corporation's 200,000 outstanding shares at P50 per share. Doug's net assets had a book value on the same date at P8,200,000. On the...
How do cognitive biases, such as confirmation bias and anchoring, impact decision-making during conflict resolution, and what strategies can be employed to mitigate their effects and promote more...
What is one example of how and why technology is changing investigating and prosecuting offenders? Why do you feel as a researcher it is important to be unbiased in your approach? Is having an...
Write the expression in radical notation. Then evaluate the expression when the result is an integer. 23 -1/2
Carol Moerdyk, owner of Carol's Fashion Designs, Inc., is planning to request a line of credit from her bank. She has estimated the following sales forecasts for the firm for parts of 2013 and 2014:...
This problem requires you to rework Problem 6-7 using the information that follows. Use the spreadsheet model in File C06 to solve this problem. a. Suppose Kate decides to pay out (1) 50 percent or...
Suppose today is January 3, 2012, and investors expect the annual risk-free interest rates in 2016 and 2017 to be: Year 1-Year Rate (rRF) 2016....................4.5% 2017......................2.3...
A sample of convenience is never acceptable. In Exercises 1316, determine whether the statement is true or false. If the statement is false, rewrite it as a true statement.
A police department conducted a survey in which police officers interviewed members of their community to ask their opinions on the effectiveness of the police department. The police chief reported...
Observational studies are generally more reliable than randomized experiments. In Exercises 1116, determine whether the statement is true or false. If the statement is false, rewrite it as a true...

A firm with $546,000 in fixed costs and $275,000 depreciation is expected. To produce $171,000 in pre-tax

Question:

Expert Answer:

Solution We need to calculate the current pretax profits Current pretax profits Sal... View the full answer

Principles of Finance

Students also viewed these finance questions